Innospec Inc (IOSP)

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	177,900	181,300	177,600	171,100	161,600	163,700	171,900	184,000	187,300	176,200	157,500	148,200	132,100	126,000	111,400	21,000	33,700	48,100	69,500	154,600
Revenue (ttm)	US$ in thousands	1,845,600	1,873,500	1,894,100	1,939,500	1,948,800	1,964,800	2,013,700	2,000,900	1,963,700	1,866,200	1,729,300	1,616,200	1,483,400	1,380,200	1,269,200	1,159,600	1,192,200	1,272,800	1,379,600	1,497,100
Operating profit margin		9.64%	9.68%	9.38%	8.82%	8.29%	8.33%	8.54%	9.20%	9.54%	9.44%	9.11%	9.17%	8.91%	9.13%	8.78%	1.81%	2.83%	3.78%	5.04%	10.33%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $177,900K ÷ $1,845,600K
= 9.64%

Innospec Inc's operating profit margin has fluctuated over the past five years, showing both decreases and increases. The margin was at its highest in March 2020 at 10.33%, then experienced a downward trend until reaching a low of 1.81% in March 2021. Subsequently, the margin started to recover and saw a notable increase to 9.68% by September 2024.

Overall, despite some fluctuations, Innospec Inc has managed to maintain a relatively healthy operating profit margin above 5% throughout the period under consideration. This indicates the company's ability to effectively control its operating expenses and generate profits from its core business activities. It is important for the company to continue monitoring and managing its operating costs to sustain and potentially improve its operating profit margin in the future.