Inter Parfums Inc (IPAR)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	274,796	251,382	194,303	148,050	70,083
Revenue	US$ in thousands	1,451,240	1,317,700	1,086,700	879,500	539,000
Operating profit margin		18.94%	19.08%	17.88%	16.83%	13.00%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $274,796K ÷ $1,451,240K
= 18.94%

Inter Parfums Inc's operating profit margin has shown a positive trend over the past five years, starting at 13.00% in 2020 and increasing to 16.83% in 2021. The margin continued to improve in subsequent years, reaching 17.88% in 2022, 19.08% in 2023, and then slightly declined to 18.94% in 2024. This overall upward trajectory indicates that the company has been effectively managing its operating expenses relative to its revenue, resulting in a higher proportion of income converted into operating profit. It demonstrates the company's ability to generate profits from its core business activities and is a positive indicator of operational efficiency and financial health.