Knowles Cor (KN)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 51,800 | 43,400 | -414,800 | 115,800 | 29,200 |
| Revenue | US$ in thousands | 553,500 | 456,800 | 764,700 | 868,100 | 764,300 |
| Operating profit margin | 9.36% | 9.50% | -54.24% | 13.34% | 3.82% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $51,800K ÷ $553,500K
= 9.36%
The operating profit margin of Knowles Cor has shown fluctuations over the years. In 2020, the operating profit margin was 3.82%, indicating that the company generated $0.0382 in operating profit for every dollar of revenue. By the end of 2021, the operating profit margin had improved significantly to 13.34%, suggesting a more efficient use of resources to generate profits.
However, in 2022, there was a notable decline in the operating profit margin to -54.24%, which means the company incurred operating losses exceeding its revenue. This could be a concerning sign of operational inefficiencies or unexpected costs.
The following years, 2023 and 2024, saw a recovery in the operating profit margin, with values of 9.50% and 9.36% respectively. This indicates that the company was able to better control its operating expenses and improve profit generation relative to revenue.
Overall, while there have been fluctuations in Knowles Cor's operating profit margin, it is important for the company to focus on maintaining healthy margins to ensure sustainable profitability and operational efficiency.
Peer comparison
Dec 31, 2024