Chart Industries Inc (GTLS)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 647,500 | 390,700 | 151,500 | 88,500 | 108,200 |
| Revenue | US$ in thousands | 4,160,300 | 3,352,500 | 1,612,400 | 1,317,700 | 1,177,100 |
| Operating profit margin | 15.56% | 11.65% | 9.40% | 6.72% | 9.19% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $647,500K ÷ $4,160,300K
= 15.56%
Chart Industries Inc's operating profit margin has shown some fluctuations over the past five years. As of December 31, 2020, the operating profit margin was at 9.19%, which decreased to 6.72% by December 31, 2021. However, the margin bounced back in the following years, reaching 9.40% by December 31, 2022, and further improving to 11.65% by December 31, 2023, before recording a significant increase to 15.56% by December 31, 2024.
Overall, the trend indicates that Chart Industries Inc has been able to improve its operating profit margin over the years, with a notable jump in profitability in 2024. This indicates that the company has effectively managed its operating expenses and potentially increased revenues, leading to a higher percentage of operating profit relative to its revenue. Investors and stakeholders may view this trend positively as it demonstrates the company's ability to enhance operational efficiency and generate stronger profitability.