Kontoor Brands Inc (KTB)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	342,289	319,269	356,665	282,979	123,834
Revenue	US$ in thousands	2,620,280	2,579,340	2,604,520	2,434,200	2,097,840
Operating profit margin		13.06%	12.38%	13.69%	11.63%	5.90%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $342,289K ÷ $2,620,280K
= 13.06%

Kontoor Brands Inc's operating profit margin has shown a positive trend over the past five years. The margin has increased steadily from 5.90% as of December 31, 2020, to 13.06% as of December 31, 2024. This demonstrates the company's ability to improve its efficiency in generating profits from its core operations. The significant improvement in operating profit margin indicates that Kontoor Brands has been effectively managing its operating expenses and enhancing its revenue generation. It also suggests that the company has been successful in controlling costs while potentially increasing sales. Overall, the rising trend in operating profit margin reflects a positive financial performance for Kontoor Brands Inc over the specified period.