Kellanova (K)
Operating profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 1,873,000 | 1,505,000 | 1,211,000 | 1,383,000 | 1,761,000 |
Revenue | US$ in thousands | 12,749,000 | 13,122,000 | 12,653,000 | 11,747,000 | 13,770,000 |
Operating profit margin | 14.69% | 11.47% | 9.57% | 11.77% | 12.79% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,873,000K ÷ $12,749,000K
= 14.69%
The operating profit margin for Kellanova has shown varying trends over the past five years. It decreased from 12.79% as of December 31, 2020, to 9.57% as of December 31, 2022, indicating a decline in profitability. However, there was a recovery in the following year with the operating profit margin increasing to 11.47% as of December 31, 2023. The most recent data as of December 31, 2024, shows a significant improvement in profitability, with the operating profit margin reaching 14.69%.
Overall, Kellanova's operating profit margin has exhibited fluctuations, but the latest figure suggests a positive turnaround and enhanced efficiency in generating operating profits relative to revenue. It is essential for the company to continue monitoring and managing its operational expenses and revenue generation strategies to maintain and potentially improve its operating profit margin in the future.
Peer comparison
Dec 31, 2024