John Bean Technologies Corporation (JBT)
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 | 177,200 | 198,000 | 196,800 | 185,400 | 176,000 | 131,900 | 137,600 | 152,900 | 160,100 | 169,100 | 156,900 | 157,200 | 163,100 | 182,200 | 202,500 | 201,900 | 188,200 | 184,700 | 172,700 | 167,900 |
| Revenue (ttm) | US$ in thousands | 1,838,500 | 1,950,600 | 2,102,600 | 2,220,900 | 2,166,100 | 2,064,200 | 1,983,800 | 1,905,300 | 1,853,500 | 1,838,100 | 1,765,500 | 1,701,500 | 1,727,800 | 1,833,900 | 1,904,100 | 1,985,900 | 1,945,700 | 1,937,500 | 1,930,000 | 1,928,000 |
| Operating profit margin | 9.64% | 10.15% | 9.36% | 8.35% | 8.13% | 6.39% | 6.94% | 8.02% | 8.64% | 9.20% | 8.89% | 9.24% | 9.44% | 9.94% | 10.63% | 10.17% | 9.67% | 9.53% | 8.95% | 8.71% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $177,200K ÷ $1,838,500K
= 9.64%
John Bean Technologies Corp's operating profit margin has displayed a gradual increase over the past eight quarters, indicating improving operational efficiency and profitability. From Q1 2022 to Q4 2023, the operating profit margin has grown from 8.23% to 10.58%. This upward trend suggests that the company has been effectively managing its operating expenses relative to its sales revenue. The consistent growth in operating profit margin reflects the company's ability to generate higher profits from its core business activities. It is essential for investors and stakeholders to monitor this key financial metric to assess the company's operational performance and financial health.
Peer comparison
Dec 31, 2023