Inter Parfums Inc (IPAR)

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	251,382	255,714	232,988	223,364	194,302	158,887	162,050	161,308	148,050	186,723	150,441	100,263	70,083	55,947	61,234	89,217	104,727	102,980	101,314	97,623
Revenue (ttm)	US$ in thousands	1,317,700	1,293,741	1,207,007	1,143,274	1,086,701	987,400	969,505	931,518	881,093	854,682	752,668	595,832	539,000	533,353	564,477	680,812	713,500	712,301	697,160	681,966
Operating profit margin		19.08%	19.77%	19.30%	19.54%	17.88%	16.09%	16.71%	17.32%	16.80%	21.85%	19.99%	16.83%	13.00%	10.49%	10.85%	13.10%	14.68%	14.46%	14.53%	14.31%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $251,382K ÷ $1,317,700K
= 19.08%

The operating profit margin of Inter Parfums, Inc. has shown relatively consistent performance over the past eight quarters, ranging from 16.10% to 20.27%. This indicates that the company has been able to effectively control its operating expenses in relation to its revenue during this period.

Noteworthy observations include the slight increase in operating profit margin from Q4 2022 to Q1 2023, indicating improved efficiency in managing operating costs. The margin remained relatively stable in the following quarters, with Q3 2023 exhibiting a peak at 20.27%.

Overall, Inter Parfums, Inc. has maintained a healthy operating profit margin, demonstrating its ability to generate profits from its core operations while balancing expenses. Continuous monitoring of this metric will be essential to track the company's operational efficiency and financial performance in the future.