Hub Group Inc (HUBG)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 140,291 | 212,231 | 474,721 | 238,457 | 105,826 |
| Revenue | US$ in thousands | 3,948,950 | 4,197,040 | 5,358,280 | 4,244,580 | 3,485,460 |
| Operating profit margin | 3.55% | 5.06% | 8.86% | 5.62% | 3.04% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $140,291K ÷ $3,948,950K
= 3.55%
The operating profit margin of Hub Group Inc has shown fluctuations over the past five years. It increased from 3.04% in December 31, 2020 to 5.62% in December 31, 2021, indicating an improvement in profitability. Subsequently, the margin further increased to 8.86% by December 31, 2022, reflecting strong operational performance.
However, in the following years, the operating profit margin experienced a decline. By December 31, 2023, the margin decreased to 5.06%, showing a reduction in profitability compared to the previous year. This trend continued as the margin dropped to 3.55% by December 31, 2024, indicating a further decrease in operational efficiency.
Overall, while the operating profit margin of Hub Group Inc has shown fluctuations, it is essential for the company to focus on sustaining and improving profitability levels to ensure long-term financial health and competitiveness in the industry.
Peer comparison
Dec 31, 2024