Fox Factory Holding Corp (FOXF)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 65,705 | 65,554 | 88,117 | 120,444 | 160,091 | 205,544 | 229,541 | 247,232 | 246,697 | 233,078 | 222,965 | 205,213 | 196,914 | 191,498 | 181,802 | 148,438 | 114,149 | 102,638 | 92,445 | 102,557 |
| Revenue (ttm) | US$ in thousands | 1,393,921 | 1,373,579 | 1,345,575 | 1,397,799 | 1,464,178 | 1,540,324 | 1,618,375 | 1,624,365 | 1,602,491 | 1,536,179 | 1,474,446 | 1,395,905 | 1,299,064 | 1,219,126 | 1,132,391 | 987,329 | 890,554 | 814,044 | 764,661 | 773,681 |
| Operating profit margin | 4.71% | 4.77% | 6.55% | 8.62% | 10.93% | 13.34% | 14.18% | 15.22% | 15.39% | 15.17% | 15.12% | 14.70% | 15.16% | 15.71% | 16.05% | 15.03% | 12.82% | 12.61% | 12.09% | 13.26% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $65,705K ÷ $1,393,921K
= 4.71%
Fox Factory Holding Corp's operating profit margin has displayed fluctuations over the reporting periods, ranging from a high of 16.05% in June 2021 to a low of 4.71% in December 2024. The company's operating profit margin generally remained above 10% until the second quarter of 2023, after which it started to decline more noticeably. This downward trend suggests potential challenges in managing operating costs and generating profits from core business operations. Further analysis of the company's cost structure and revenue streams may be necessary to understand the underlying factors contributing to the declining operating profit margins.
Peer comparison
Dec 31, 2024