ESCO Technologies Inc (ESE)
Operating profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 104,930 | 104,375 | 104,309 | 98,305 | 96,409 | 92,133 | 73,103 | 62,445 | 62,231 | 65,169 | 264,496 | 267,314 | 265,870 | 262,450 | 291,078 | 294,701 | 298,578 | 309,977 | 304,405 | 305,072 |
| Revenue (ttm) | US$ in thousands | 959,068 | 947,264 | 931,693 | 903,174 | 880,215 | 852,649 | 802,596 | 765,775 | 728,079 | 714,210 | 717,564 | 707,792 | 720,752 | 727,651 | 756,279 | 782,930 | 797,707 | 810,997 | 805,425 | 799,855 |
| Operating profit margin | 10.94% | 11.02% | 11.20% | 10.88% | 10.95% | 10.81% | 9.11% | 8.15% | 8.55% | 9.12% | 36.86% | 37.77% | 36.89% | 36.07% | 38.49% | 37.64% | 37.43% | 38.22% | 37.79% | 38.14% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $104,930K ÷ $959,068K
= 10.94%
Esco Technologies, Inc.'s operating profit margin has demonstrated a generally positive trend over the period examined. The operating profit margin has been increasing gradually, reaching 13.52% in Q1 2024 from 10.63% in Q2 2022. This indicates that the company has been able to efficiently control its operating expenses relative to its revenue. The consistent improvement in the operating profit margin reflects effective cost management and operational efficiency within the company. It is essential for Esco Technologies, Inc. to continue this positive trend to ensure sustained profitability and operational success in the future.
Peer comparison
Dec 31, 2023