Integer Holdings Corp (ITGR)
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 | 167,330 | 160,682 | 141,865 | 132,996 | 121,327 | 113,125 | 116,957 | 123,600 | 135,711 | 134,641 | 141,309 | 111,144 | 120,612 | 115,667 | 122,390 | 162,542 | 157,635 | 174,682 | 169,660 | 164,681 |
| Revenue (ttm) | US$ in thousands | 1,533,846 | 1,492,296 | 1,435,589 | 1,388,858 | 1,330,022 | 1,281,365 | 1,247,921 | 1,209,740 | 1,187,800 | 1,149,039 | 1,089,308 | 1,025,616 | 1,073,442 | 1,130,120 | 1,184,617 | 1,246,095 | 1,218,156 | 1,195,553 | 1,146,376 | 1,143,613 |
| Operating profit margin | 10.91% | 10.77% | 9.88% | 9.58% | 9.12% | 8.83% | 9.37% | 10.22% | 11.43% | 11.72% | 12.97% | 10.84% | 11.24% | 10.23% | 10.33% | 13.04% | 12.94% | 14.61% | 14.80% | 14.40% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $167,330K ÷ $1,533,846K
= 10.91%
To analyze Integer Holdings Corp's operating profit margin, we can observe fluctuations over the past eight quarters. The operating profit margin measures the efficiency of the company in generating profits from its core operations, excluding non-operating expenses.
The trend shows relative stability in the operating profit margin over the periods, ranging from 9.61% to 10.95%. Q3 2023 had the highest operating profit margin at 10.95%, which might indicate improved operational efficiency or cost management during that quarter.
It is important to note that the company has maintained a profit margin above 10% in most quarters, reflecting a healthy level of profitability in relation to its revenues. This consistency suggests effective cost control measures or possibly consistent pricing strategies.
Overall, the company's consistent operating profit margin demonstrates operational stability and efficiency in converting revenue into profits, which may indicate sound management practices and operational effectiveness within Integer Holdings Corp.
Peer comparison
Dec 31, 2023