Ingersoll Rand Inc (IR)

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 1,300,100 1,254,500 1,216,600 1,217,200 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
Revenue (ttm) US$ in thousands 7,235,000 7,157,800 7,035,700 6,916,900 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
Operating profit margin 17.97% 17.53% 17.29% 17.60% 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%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,300,100K ÷ $7,235,000K
= 17.97%

Ingersoll Rand Inc's operating profit margin has shown a positive trend over the periods analyzed. Starting at 1.80% in March 31, 2020, the margin fluctuated and even dipped into negative figures in June 30, 2020, and September 30, 2020. However, there was a significant improvement in subsequent periods, with the operating profit margin reaching 17.97% by December 31, 2024. This upward trend indicates an enhancement in the company's operational efficiency and cost management, resulting in increased profitability relative to its revenues. The consistent improvement in operating profit margin reflects the company's ability to generate more profit per dollar of sales, which is a positive sign for investors and stakeholders.