Greif Bros Corporation (GEF)
Operating profit margin
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 464,600 | 605,500 | 621,200 | 585,200 | 304,900 |
| Revenue | US$ in thousands | 5,448,100 | 5,218,600 | 6,349,500 | 5,556,100 | 4,515,000 |
| Operating profit margin | 8.53% | 11.60% | 9.78% | 10.53% | 6.75% |
October 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $464,600K ÷ $5,448,100K
= 8.53%
The operating profit margin of Greif Bros Corporation has shown fluctuations over the past five years based on the provided data. In October 2020, the operating profit margin was at 6.75%, indicating that for every dollar of sales revenue, the company generated a profit of 6.75 cents before interest and taxes.
Over the subsequent years, there was an upward trend in the operating profit margin, reaching its highest point of 11.60% in October 2023. This signifies an improvement in the company's operational efficiency and profitability as it was able to generate more profit relative to its sales.
However, in the following year, the operating profit margin decreased to 8.53%, which could indicate various factors impacting the profitability of the company, such as changes in costs, pricing strategies, or overall economic conditions.
Overall, while Greif Bros Corporation has demonstrated improvements in its operating profit margin over the years, it is crucial for stakeholders to monitor these fluctuations and understand the underlying reasons to ensure sustained financial health and profitability.