Fresh Del Monte Produce Inc (FDP)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 196,300 | 58,500 | 156,300 | 111,000 | 76,500 |
| Revenue | US$ in thousands | 4,280,200 | 4,320,700 | 4,442,300 | 4,252,000 | 4,202,300 |
| Operating profit margin | 4.59% | 1.35% | 3.52% | 2.61% | 1.82% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $196,300K ÷ $4,280,200K
= 4.59%
Fresh Del Monte Produce Inc's operating profit margin has shown fluctuations over the past five years. The margin increased from 1.82% in December 2020 to 2.61% in December 2021, indicating a positive trend. However, in December 2022, the margin saw a more significant improvement, reaching 3.52%. Subsequently, there was a decline in December 2023 to 1.35%, reflecting a drop in profitability. Nevertheless, in December 2024, the operating profit margin surged to 4.59%, marking a substantial increase compared to the previous year and suggesting improved operational efficiency and cost management. Overall, the trend in the operating profit margin of Fresh Del Monte Produce Inc demonstrates both positive and negative variations, highlighting the company's ability to adapt to changing market conditions and its potential for enhancing profitability in the future.
Peer comparison
Dec 31, 2024