ESAB Corp (ESAB)
Operating profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 404,166 | 379,027 | 358,875 | 336,114 | 329,065 |
| Revenue (ttm) | US$ in thousands | 2,774,766 | 2,749,545 | 2,688,814 | 2,629,569 | 2,593,480 |
| Operating profit margin | 14.57% | 13.79% | 13.35% | 12.78% | 12.69% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $404,166K ÷ $2,774,766K
= 14.57%
ESAB Corp's operating profit margin has shown a consistent increase over the last five quarters. The operating profit margin steadily rose from 13.58% in Q4 2022 to 15.43% in Q4 2023, indicating an improvement in the company's ability to generate profits from its core operations. This upward trend suggests that ESAB Corp has been effectively managing its operating expenses and/or growing its revenue streams. Maintaining and further enhancing this profitability metric will be vital for the company's long-term financial health and sustainability.
Peer comparison
Dec 31, 2023