Haynes International Inc (HAYN)
Operating profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 57,628 | 57,606 | 60,271 | 67,467 | 61,025 | 55,422 | 41,389 | 22,323 | 7,900 | -7,143 | -17,090 | -26,494 | -15,275 | 612 | 14,607 | 29,019 | 24,697 | 17,716 | 15,504 | 9,828 |
| Revenue (ttm) | US$ in thousands | 595,589 | 581,609 | 566,513 | 554,183 | 519,804 | 487,796 | 440,365 | 398,795 | 364,018 | 336,761 | 321,421 | 313,735 | 343,237 | 379,566 | 429,268 | 474,910 | 490,833 | 489,454 | 482,127 | 469,212 |
| Operating profit margin | 9.68% | 9.90% | 10.64% | 12.17% | 11.74% | 11.36% | 9.40% | 5.60% | 2.17% | -2.12% | -5.32% | -8.44% | -4.45% | 0.16% | 3.40% | 6.11% | 5.03% | 3.62% | 3.22% | 2.09% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $57,628K ÷ $595,589K
= 9.68%
The operating profit margin of Haynes International Inc. has exhibited some fluctuations over the past several quarters. In Q1 2024, the operating profit margin stood at 9.53%, a slight decrease from the previous quarter's 9.76%. Prior to that, there was a notable decline from Q3 2023's 10.52% to Q2 2023's 12.06%. The trend was somewhat consistent in the earlier periods with Q1 2023 at 11.65% and Q4 2022 at 11.30%.
It is worth noting that there was a substantial improvement in operating profit margin from Q2 2022's 5.58% to Q3 2022's 9.37%. Overall, the operating profit margin has shown some variability, possibly indicating fluctuations in the company's operational efficiencies and cost management. Further analysis of the underlying factors driving these changes would be necessary to gain a deeper understanding of the company's performance.
Peer comparison
Dec 31, 2023