Koppers Holdings Inc (KOP)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 195,200 | 137,700 | 156,500 | 156,700 | 125,000 |
| Revenue | US$ in thousands | 2,083,200 | 1,935,700 | 1,638,100 | 1,620,200 | 1,710,300 |
| Operating profit margin | 9.37% | 7.11% | 9.55% | 9.67% | 7.31% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $195,200K ÷ $2,083,200K
= 9.37%
Over the past five years, Koppers Holdings Inc has demonstrated varying levels of operating profit margins. The operating profit margin indicates the company's ability to generate profits from its core operations.
In 2023, the operating profit margin increased to 8.98%, representing a significant improvement from the previous year's margin of 6.83%. This increase indicates that the company was able to effectively control its operating expenses and enhance operational efficiency during the year.
Comparing 2023 to 2021, there was a slight decline in the operating profit margin from 7.60% to 8.98%. Despite this decrease, the operating profit margin for 2023 remains higher than in previous years, suggesting potential improvements in the company's financial performance.
In 2020, Koppers Holdings Inc recorded the highest operating profit margin of 9.78% in the given period. This indicates that the company was able to effectively manage its operating costs and drive profitability in that particular year.
Overall, fluctuations in operating profit margin for Koppers Holdings Inc demonstrate the company's ability to adapt to changing market conditions and manage its operational efficiency. It is important for investors and stakeholders to monitor these trends to assess the company's financial health and performance.
Peer comparison
Dec 31, 2023