Knife River Corporation (KNF)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 316,194 | 296,397 | 164,549 | 191,077 | 214,498 |
| Revenue | US$ in thousands | 2,899,000 | 2,830,350 | 2,534,730 | 2,228,930 | 2,178,000 |
| Operating profit margin | 10.91% | 10.47% | 6.49% | 8.57% | 9.85% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $316,194K ÷ $2,899,000K
= 10.91%
Knife River Corporation's operating profit margin has shown some variability over the past five years. In 2020, the operating profit margin was at 9.85%, which decreased to 8.57% in 2021. The margin further declined to 6.49% in 2022 but then experienced a significant improvement in 2023 to 10.47%. The latest data available for 2024 indicates a further increase in operating profit margin to 10.91%.
The fluctuations in operating profit margin suggest potential changes in the company's operational efficiency and cost management strategies over the years. It is essential for Knife River Corporation to identify the factors contributing to these fluctuations to maintain and improve its profitability in the future. The recent upward trend in the operating profit margin is a positive sign, indicating improved profitability, but continued monitoring and analysis will be crucial for sustained performance.
Peer comparison
Dec 31, 2024