Knife River Corporation (KNF)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 316,195 | 309,356 | 310,440 | 287,194 | 296,358 | 264,988 | 197,486 | 164,394 | 164,352 |
| Revenue (ttm) | US$ in thousands | 2,899,002 | 2,888,686 | 2,873,766 | 2,852,060 | 2,830,370 | 2,720,992 | 2,606,050 | 2,532,663 | 2,534,729 |
| Operating profit margin | 10.91% | 10.71% | 10.80% | 10.07% | 10.47% | 9.74% | 7.58% | 6.49% | 6.48% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $316,195K ÷ $2,899,002K
= 10.91%
Knife River Corporation's operating profit margin has shown a positive trend over the analyzed period from December 31, 2022, to December 31, 2024. The operating profit margin increased steadily from 6.48% in December 2022 to 10.91% in December 2024. This indicates that the company has been able to enhance its efficiency in generating profits from its core operations over time.
The operating profit margin improved consistently, with some fluctuations, reflecting the company's ability to control its operating expenses and increase the efficiency of its operations. This progressive trend suggests that Knife River Corporation has been successful in managing its costs, enhancing productivity, or possibly increasing the pricing of its products and services.
The significant increase in operating profit margin from 6.48% in December 2022 to 10.91% in December 2024 highlights the company's effective management strategies and operational performance. This upward trend demonstrates the company's ability to generate more profits from each dollar of sales, indicating a strong financial performance and a competitive position in its industry.
Overall, the consistent improvement in Knife River Corporation's operating profit margin over the analyzed period signifies positive financial health and operational efficiency in the company's core business activities.
Peer comparison
Dec 31, 2024