Graco Inc (GGG)
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 | 570,097 | 610,012 | 627,478 | 623,171 | 646,843 | 629,417 | 609,377 | 601,005 | 572,700 | 564,787 | 546,237 | 531,400 | 531,323 | 518,856 | 519,262 | 430,192 | 391,718 | 363,759 | 342,153 | 409,741 |
| Revenue (ttm) | US$ in thousands | 2,113,316 | 2,131,287 | 2,151,747 | 2,158,148 | 2,195,605 | 2,184,007 | 2,189,979 | 2,178,882 | 2,143,521 | 2,128,095 | 2,069,147 | 2,027,764 | 1,987,608 | 1,918,329 | 1,870,949 | 1,730,677 | 1,650,115 | 1,592,067 | 1,553,306 | 1,614,742 |
| Operating profit margin | 26.98% | 28.62% | 29.16% | 28.88% | 29.46% | 28.82% | 27.83% | 27.58% | 26.72% | 26.54% | 26.40% | 26.21% | 26.73% | 27.05% | 27.75% | 24.86% | 23.74% | 22.85% | 22.03% | 25.38% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $570,097K ÷ $2,113,316K
= 26.98%
Graco Inc's operating profit margin has shown fluctuations over the periods indicated in the provided data. The operating profit margin, a key profitability ratio, indicates the efficiency of the company in generating operating profits from its revenue.
From March 31, 2020, at 25.38%, the operating profit margin decreased to 22.03% by June 30, 2020, before experiencing an upward trend to 27.75% by June 30, 2021. Subsequently, there were minor fluctuations in the range of 26-29%, with a peak at 29.46% on December 31, 2023. However, by the end of the data set on December 31, 2024, the operating profit margin had dropped to 26.98%.
This trend indicates a mix of positive and negative movements in Graco Inc's operating profit margin over the analyzed period. The company's ability to maintain operating profit margins at relatively high levels suggests operational efficiency and effective cost management during most periods. However, the slight decline towards the end of the data period may warrant further investigation into factors impacting profitability during that time.
Peer comparison
Dec 31, 2024