Eagle Materials Inc (EXP)

Operating profit margin

Mar 31, 2024 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
Operating income (ttm) US$ in thousands 716,902 735,665 715,899 697,930 674,740 634,385 611,379 573,585 552,102 524,038 500,359 470,184 445,796 439,426 419,867 407,818 382,486 397,791 383,816 370,543
Revenue (ttm) US$ in thousands 2,217,040 2,209,817 2,163,667 2,148,123 2,112,898 2,066,217 2,020,952 1,921,890 1,836,631 1,766,816 1,704,833 1,642,535 1,691,662 1,663,802 1,609,201 1,578,462 1,422,288 1,391,547 1,376,832 1,347,125
Operating profit margin 32.34% 33.29% 33.09% 32.49% 31.93% 30.70% 30.25% 29.84% 30.06% 29.66% 29.35% 28.63% 26.35% 26.41% 26.09% 25.84% 26.89% 28.59% 27.88% 27.51%

March 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $716,902K ÷ $2,217,040K
= 32.34%

Eagle Materials Inc's operating profit margin has generally shown an upward trend over the past few quarters, indicating improved operational efficiency and profitability. Specifically, the operating profit margin increased from 26.35% in March 2021 to 32.34% in March 2024. This consistent improvement suggests that the company has been effectively managing its operating expenses and generating higher profits from its core business activities.

Although there have been fluctuations in the operating profit margin over the periods, the overall trend indicates a positive performance. The company's ability to maintain a relatively high operating profit margin compared to its peers in the industry reflects its strong operational capabilities and competitive positioning.

Management's focus on cost control, operational efficiency, and revenue growth may have contributed to the positive trajectory of the operating profit margin. Investors and stakeholders may view this trend positively as it signifies Eagle Materials Inc's ability to generate profits from its core operations and create shareholder value.