ESCO Technologies Inc (ESE)
Operating profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 116,420 | 104,375 | 92,561 | 64,808 | 67,787 |
| Revenue | US$ in thousands | 1,011,550 | 947,264 | 852,649 | 715,135 | 728,985 |
| Operating profit margin | 11.51% | 11.02% | 10.86% | 9.06% | 9.30% |
September 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $116,420K ÷ $1,011,550K
= 11.51%
ESCO Technologies Inc's operating profit margin has shown a consistent upward trend over the past five years. The company's operating profit margin increased from 9.30% in 2020 to 11.51% in 2024, indicating an improvement in its operational efficiency and profitability. This suggests that ESCO Technologies has been able to effectively control its operating expenses relative to its revenue, resulting in higher profitability. The steady increase in operating profit margin signifies that the company's management has been successful in optimizing its operations and enhancing its overall financial performance. Additionally, the consistently improving operating profit margin may indicate that ESCO Technologies has been able to generate more value from its core business activities over the years.
Peer comparison
Sep 30, 2024