Haynes International Inc (HAYN)
Operating profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 57,606 | 55,422 | -7,143 | 612 | 17,716 |
| Revenue | US$ in thousands | 581,578 | 487,791 | 336,228 | 379,029 | 488,561 |
| Operating profit margin | 9.91% | 11.36% | -2.12% | 0.16% | 3.63% |
September 30, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $57,606K ÷ $581,578K
= 9.91%
Haynes International Inc.'s operating profit margin has shown fluctuations over the past five years. The operating profit margin measures the company's efficiency in generating operating profits from its revenue. A higher operating profit margin indicates that the company is able to control its operating expenses relative to its revenue, while a lower margin may signify inefficient cost management.
In 2023, the operating profit margin stands at 9.76%, representing a decrease from the previous year. This decline may indicate that the company's operating expenses have increased relative to its revenue, impacting its profitability.
In 2022, the company exhibited an operating profit margin of 11.30%, showcasing a positive trend. This demonstrates efficient cost management and a strong ability to generate operating profits from its revenue.
The operating profit margin in 2021 was -2.12%, indicating a negative margin. This suggests that the company's operating expenses exceeded its operating profits, resulting in a loss from core operations. The negative margin raises concerns about the company's cost structure and overall operational efficiency during that period.
Similarly, in 2020, the operating profit margin was 0.16%, showing a slight improvement from the previous year. Nonetheless, a margin close to zero signifies that the company's operating profits were minimal relative to its revenue, indicating a need for enhanced cost control.
In 2019, Haynes International Inc. achieved an operating profit margin of 3.61%, indicating a moderate level of efficiency in generating operating profits from its revenue.
In summary, the company's operating profit margin has varied significantly over the past five years, indicating fluctuations in its operational efficiency and cost management. This analysis suggests that the company may benefit from a focus on controlling operating expenses and enhancing operational efficiency to improve its profitability in the future.
Peer comparison
Sep 30, 2023