JBTMarel Corp (JBTM)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 118,400 | 164,700 | 132,600 | 125,600 | 163,100 |
| Revenue | US$ in thousands | 1,716,000 | 1,664,400 | 1,590,300 | 1,400,800 | 1,727,800 |
| Operating profit margin | 6.90% | 9.90% | 8.34% | 8.97% | 9.44% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $118,400K ÷ $1,716,000K
= 6.90%
The operating profit margin of JBTMarel Corp has experienced fluctuations over the analyzed period from December 31, 2020, to December 31, 2024. At the end of 2020, the operating profit margin stood at 9.44%, indicating a relatively healthy operational efficiency. In 2021, this margin declined slightly to 8.97%, reflecting a marginal decrease in operating profitability. The downward trend continued into 2022, with the margin decreasing to 8.34%, suggesting continued pressures on operational performance or cost management challenges.
However, in 2023, there was a notable improvement, with the margin increasing to 9.90%, surpassing previous years and indicating an enhancement in operating efficiency or revenue generation relative to operating expenses. Despite this positive movement, the year 2024 saw a significant decline in the operating profit margin, falling to 6.90%. This decrease may indicate increased operating costs, reduced margins on sales, or other operational challenges faced during that period.
Overall, the trend reflects relative stability around the 9% mark during most of 2020 and 2021, a slight decline through 2022, a notable recovery in 2023, followed by a substantial drop in 2024. The volatility in operating profit margin highlights potential shifts in operational efficiency, cost structure, or market conditions affecting the company's profitability at the operating level.
Peer comparison
Dec 31, 2024