Installed Building Products Inc (IBP)
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 | 369,100 | 374,000 | 365,603 | 365,317 | 345,411 | 291,693 | 252,198 | 213,754 | 187,880 | 184,018 | 175,192 | 163,933 | 161,867 | 151,860 | 143,705 | 132,201 | 121,160 | 113,017 | 101,917 | 98,407 |
| Revenue (ttm) | US$ in thousands | 2,746,664 | 2,702,728 | 2,720,605 | 2,704,681 | 2,627,372 | 2,480,286 | 2,267,738 | 2,081,968 | 1,934,728 | 1,846,449 | 1,757,295 | 1,662,899 | 1,623,163 | 1,590,343 | 1,565,412 | 1,545,395 | 1,491,865 | 1,443,755 | 1,399,481 | 1,360,209 |
| Operating profit margin | 13.44% | 13.84% | 13.44% | 13.51% | 13.15% | 11.76% | 11.12% | 10.27% | 9.71% | 9.97% | 9.97% | 9.86% | 9.97% | 9.55% | 9.18% | 8.55% | 8.12% | 7.83% | 7.28% | 7.23% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $369,100K ÷ $2,746,664K
= 13.44%
Installed Building Products Inc has shown a generally stable operating profit margin over the past eight quarters. The margin has ranged from 10.09% to 13.28%, with a slight upward trend in recent quarters. This indicates that the company has been effectively controlling its operating expenses relative to its revenue, resulting in higher profitability. The consistent improvement in operating profit margin reflects the company's operational efficiency and ability to generate profits from its core business activities. Overall, the company's operating profit margin performance suggests a positive trend in its operational profitability.
Peer comparison
Dec 31, 2023