Franklin Electric Co Inc (FELE)
Operating profit margin
| 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 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 262,435 | 267,829 | 269,769 | 269,848 | 257,148 | 248,140 | 224,690 | 195,309 | 189,200 | 176,348 | 168,138 | 150,470 | 130,500 | 124,740 | 119,075 | 128,842 | 127,121 | 127,213 | 124,594 | 121,394 |
| Revenue (ttm) | US$ in thousands | 2,041,219 | 2,056,177 | 2,068,471 | 2,054,878 | 2,024,939 | 1,973,102 | 1,885,052 | 1,771,958 | 1,654,390 | 1,542,467 | 1,435,189 | 1,306,706 | 1,241,381 | 1,242,820 | 1,241,335 | 1,287,613 | 1,310,047 | 1,306,547 | 1,295,924 | 1,283,749 |
| Operating profit margin | 12.86% | 13.03% | 13.04% | 13.13% | 12.70% | 12.58% | 11.92% | 11.02% | 11.44% | 11.43% | 11.72% | 11.52% | 10.51% | 10.04% | 9.59% | 10.01% | 9.70% | 9.74% | 9.61% | 9.46% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $262,435K ÷ $2,041,219K
= 12.86%
Franklin Electric Co., Inc.'s operating profit margin has shown a relatively stable performance over the past eight quarters, ranging from 11.04% to 13.07%. The company's operating profit margin peaked in Q1 2023 at 13.07% and has generally remained above 12% in most quarters. This indicates that the company is effectively managing its operating expenses and generating a healthy level of operating profit relative to its revenue. It is noteworthy that the operating profit margin has been consistently above 10%, reflecting the company's ability to efficiently control costs and optimize its operational performance. Overall, Franklin Electric Co., Inc.'s operating profit margin trend suggests strong operational efficiency and profitability in its business operations.
Peer comparison
Dec 31, 2023