Hanesbrands Inc (HBI)
Operating profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 185,948 | 288,782 | 519,545 | 797,728 | -16,631 |
Revenue | US$ in thousands | 3,507,440 | 5,636,520 | 6,233,650 | 6,801,240 | 6,664,350 |
Operating profit margin | 5.30% | 5.12% | 8.33% | 11.73% | -0.25% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $185,948K ÷ $3,507,440K
= 5.30%
The operating profit margin of Hanesbrands Inc has shown fluctuations over the years based on the data provided. It was negative at -0.25% as of December 31, 2020. However, there was a significant improvement in the operating profit margin to 11.73% by December 31, 2021. Subsequently, there was a slight decline to 8.33% by December 31, 2022, followed by a further decrease to 5.12% by December 31, 2023. By the end of December 31, 2024, the operating profit margin saw a slight improvement to 5.30%.
Overall, the trend indicates some volatility in the operating profit margin of Hanesbrands Inc, with a significant increase in 2021 followed by fluctuations in subsequent years. It is essential for the company to monitor and manage its operating expenses effectively to ensure sustained profitability and stability in the future.