Kontoor Brands Inc (KTB)

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	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Operating income (ttm)	US$ in thousands	342,289	333,435	320,596	308,750	319,269	328,461	318,045	343,393	356,665	340,678	351,592	298,024	282,979	277,262	274,146	217,174	123,834	119,452	67,616	142,931
Revenue (ttm)	US$ in thousands	2,610,986	2,571,058	2,544,950	2,544,398	2,579,338	2,637,077	2,590,654	2,589,646	2,604,516	2,540,463	2,588,165	2,465,948	2,434,204	2,469,159	2,394,349	2,247,901	2,097,839	2,049,753	2,117,336	2,390,409
Operating profit margin		13.11%	12.97%	12.60%	12.13%	12.38%	12.46%	12.28%	13.26%	13.69%	13.41%	13.58%	12.09%	11.63%	11.23%	11.45%	9.66%	5.90%	5.83%	3.19%	5.98%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $342,289K ÷ $2,610,986K
= 13.11%

The operating profit margin of Kontoor Brands Inc has shown a generally increasing trend from March 31, 2020, to December 31, 2024. The margin started at 5.98% in March 2020, experienced a slight dip to 3.19% in June 2020, but then steadily increased to reach 13.11% by December 2024.

There were fluctuations in the operating profit margin over the quarters, with some periods showing stronger performance than others. The margin saw significant improvement from March 31, 2021, to June 30, 2022, where it increased from 9.66% to 13.58%, showcasing a period of notable profitability.

From June 30, 2022, to December 31, 2024, the margin remained above 12%, indicating the company's ability to generate profits from its core operations. The overall trend suggests that Kontoor Brands Inc has been effectively managing its operational costs and enhancing efficiency over the analyzed period.