Floor & Decor Holdings Inc (FND)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 321,428 | 396,760 | 338,992 | 214,579 | 159,181 |
| Revenue | US$ in thousands | 4,406,710 | 4,256,060 | 3,431,300 | 2,421,130 | 2,039,070 |
| Operating profit margin | 7.29% | 9.32% | 9.88% | 8.86% | 7.81% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $321,428K ÷ $4,406,710K
= 7.29%
Floor & Decor Holdings Inc's operating profit margin has shown some fluctuations over the past five years, ranging from 7.29% in 2023 to 9.88% in 2021. The operating profit margin measures the efficiency of the company in generating profit from its core operations.
The trend in the operating profit margin indicates that the company experienced a decrease in profitability in 2023 compared to the prior two years. However, the operating profit margin in 2023 remains above the levels seen in 2019 and 2020, showing some resilience in maintaining profitability despite the challenges faced in the most recent period.
It is important for Floor & Decor Holdings Inc to monitor its operating expenses and revenue generation closely to ensure that the operating profit margin remains at healthy levels. The company may need to assess its cost structure and pricing strategies to improve operational efficiency and profitability in the future.
Peer comparison
Dec 31, 2023