Exponent Inc (EXPO)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 111,322 | 140,842 | 108,927 | 83,249 | 85,111 |
| Revenue | US$ in thousands | 536,766 | 513,293 | 466,269 | 399,900 | 417,199 |
| Operating profit margin | 20.74% | 27.44% | 23.36% | 20.82% | 20.40% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $111,322K ÷ $536,766K
= 20.74%
Exponent Inc's operating profit margin has displayed some fluctuations over the past five years. In 2023, the operating profit margin stood at 20.74%, showing a decline from 27.44% in 2022. Despite this decrease, the margin remains relatively healthy compared to the levels in 2020 and 2019, which were 20.82% and 20.40%, respectively. The highest operating profit margin was recorded in 2022 at 27.44%, indicating a strong performance that year. Overall, Exponent Inc's operating profit margin has shown some variability but generally reflects efficient operating performance over the five-year period.
Peer comparison
Dec 31, 2023