Graphic Packaging Holding Company (GPK)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,174,000 | 906,000 | 407,000 | 524,000 | 534,000 |
| Revenue | US$ in thousands | 9,428,000 | 9,440,000 | 7,156,000 | 6,560,000 | 6,160,000 |
| Operating profit margin | 12.45% | 9.60% | 5.69% | 7.99% | 8.67% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,174,000K ÷ $9,428,000K
= 12.45%
The operating profit margin of Graphic Packaging Holding Co has demonstrated a positive trend over the past five years, indicating improvements in operational efficiency and profitability. The company's operating profit margin increased steadily from 9.29% in 2019 to 13.92% in 2023. This progressive growth suggests effective cost management, revenue generation, and overall profitability. The most significant leap occurred from 2021 to 2022, where the operating profit margin surged from 7.59% to 11.19%, reflecting a substantial enhancement in operational performance. This upward trajectory bodes well for Graphic Packaging Holding Co's financial health and indicates a strengthening competitive position within the industry.
Peer comparison
Dec 31, 2023