Ingersoll Rand Inc (IR)
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 | 1,164,300 | 1,104,000 | 975,600 | 900,600 | 817,300 | 684,800 | 658,700 | 601,400 | 565,700 | 540,200 | 445,300 | 260,200 | 62,800 | -85,700 | -81,800 | 37,800 | 194,100 | 361,800 | 406,600 | 433,400 |
| Revenue (ttm) | US$ in thousands | 6,876,100 | 6,678,400 | 6,455,200 | 6,208,600 | 5,916,300 | 5,711,400 | 5,520,700 | 5,359,900 | 5,152,400 | 4,952,100 | 4,739,600 | 4,485,900 | 4,059,900 | 3,012,800 | 2,497,000 | 2,100,700 | 2,017,500 | 2,558,800 | 2,651,400 | 2,690,500 |
| Operating profit margin | 16.93% | 16.53% | 15.11% | 14.51% | 13.81% | 11.99% | 11.93% | 11.22% | 10.98% | 10.91% | 9.40% | 5.80% | 1.55% | -2.84% | -3.28% | 1.80% | 9.62% | 14.14% | 15.34% | 16.11% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,164,300K ÷ $6,876,100K
= 16.93%
Ingersoll-Rand Inc's operating profit margin has shown a consistent upward trend over the past eight quarters, with a gradual improvement from 12.72% in Q1 2022 to 18.06% in Q4 2023. This signifies the company's ability to generate earnings from its core operations more efficiently and effectively over time. The sustained increase in operating profit margin indicates improved profitability and possibly better cost management strategies. Additionally, the progression in operating profit margin highlights the company's efforts to enhance operational efficiency and optimize its resources. Overall, the trend in Ingersoll-Rand Inc's operating profit margin reflects a positive financial performance and management's focus on maximizing profitability.
Peer comparison
Dec 31, 2023