Installed Building Products Inc (IBP)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 388,500 | 388,266 | 389,274 | 381,307 | 369,783 | 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 |
| Revenue (ttm) | US$ in thousands | 2,941,300 | 2,911,800 | 2,857,665 | 2,812,165 | 2,778,574 | 2,744,363 | 2,757,012 | 2,741,661 | 2,669,844 | 2,517,078 | 2,307,727 | 2,119,076 | 1,968,650 | 1,876,396 | 1,787,119 | 1,692,960 | 1,653,225 | 1,612,987 | 1,588,950 | 1,566,825 |
| Operating profit margin | 13.21% | 13.33% | 13.62% | 13.56% | 13.31% | 13.63% | 13.26% | 13.32% | 12.94% | 11.59% | 10.93% | 10.09% | 9.54% | 9.81% | 9.80% | 9.68% | 9.79% | 9.41% | 9.04% | 8.44% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $388,500K ÷ $2,941,300K
= 13.21%
Installed Building Products Inc has shown a steady improvement in its operating profit margin over the past few years, increasing from 8.44% in March 2020 to 13.21% in December 2024. This indicates the company's ability to efficiently control its operating expenses relative to its revenue. The gradual upward trend suggests a consistent focus on cost management and operational efficiency. However, there was a slight dip in the operating profit margin in September 2024, which may warrant further investigation to understand the factors contributing to this decrease. Overall, the company's operating profit margin demonstrates a positive trajectory and reflects a healthy financial performance.
Peer comparison
Dec 31, 2024