Innospec Inc (IOSP)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 177,900 | 161,600 | 187,300 | 132,100 | 33,700 |
| Revenue | US$ in thousands | 1,845,600 | 1,948,800 | 1,963,700 | 1,483,400 | 1,192,300 |
| Operating profit margin | 9.64% | 8.29% | 9.54% | 8.91% | 2.83% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $177,900K ÷ $1,845,600K
= 9.64%
The operating profit margin of Innospec Inc has shown a positive trend over the past five years. Starting at 2.83% in December 2020, the margin improved significantly to 8.91% by the end of December 2021. This positive momentum continued as the margin increased to 9.54% by December 2022. However, there was a slight dip in December 2023 to 8.29%, before bouncing back to 9.64% by December 2024. Overall, the company's operating profit margin has strengthened, indicating improved efficiency in generating profits from operations over the years. This upward trend reflects positively on Innospec's operational performance and ability to effectively manage its costs and expenses.
Peer comparison
Dec 31, 2024