Exponent Inc (EXPO)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 119,557 | 111,322 | 140,842 | 108,927 | 83,249 |
| Revenue | US$ in thousands | 558,514 | 536,766 | 513,293 | 466,269 | 399,900 |
| Operating profit margin | 21.41% | 20.74% | 27.44% | 23.36% | 20.82% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $119,557K ÷ $558,514K
= 21.41%
Exponent Inc's operating profit margin has exhibited a fluctuating trend over the past five years. It increased from 20.82% in December 31, 2020, to 23.36% in December 31, 2021, and further rose to 27.44% by December 31, 2022. However, there was a decline in the operating profit margin to 20.74% by the end of December 31, 2023, followed by a slight recovery to 21.41% as of December 31, 2024.
The analysis indicates a general positive trajectory in the operating profit margin from 2020 to 2022, suggesting improving operational efficiency and profitability during this period. However, the subsequent decline in 2023 followed by a small increase in 2024 highlights potential challenges or variations in the company's operational performance that warrant further investigation and attention.
Overall, the fluctuations in Exponent Inc's operating profit margin imply the need for continued monitoring and strategic management to sustain or enhance profitability levels in the future.
Peer comparison
Dec 31, 2024