Eagle Materials Inc (EXP)
Operating profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 716,902 | 674,740 | 552,102 | 445,796 | 385,251 |
| Revenue | US$ in thousands | 2,217,040 | 2,112,900 | 1,824,550 | 1,691,400 | 1,412,390 |
| Operating profit margin | 32.34% | 31.93% | 30.26% | 26.36% | 27.28% |
March 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $716,902K ÷ $2,217,040K
= 32.34%
The operating profit margin of Eagle Materials Inc has shown a positive trend over the past five years, with percentages increasing from 27.28% in March 2020 to 32.34% in March 2024. This indicates the company's ability to generate profit from its core business operations is improving consistently. The steady growth in operating profit margin reflects efficient cost management and increasing profitability, which is a positive indicator of the company's operational performance and financial health. Eagle Materials Inc has been successful in enhancing its profitability by effectively managing its operating expenses relative to its sales revenue over the years.