Lancaster Colony Corporation (LANC)
Operating profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 199,363 | 169,150 | 163,412 | 148,985 | 141,508 | 163,744 | 126,719 | 120,698 | 111,911 | 119,118 | 164,123 | 177,415 | 185,852 | 185,110 | 177,712 | 173,192 | 175,948 | 179,093 | 186,431 | 193,508 |
| Revenue (ttm) | US$ in thousands | 1,871,715 | 1,873,707 | 1,867,196 | 1,858,674 | 1,822,639 | 1,820,249 | 1,758,808 | 1,709,841 | 1,676,360 | 1,609,326 | 1,563,081 | 1,509,669 | 1,466,850 | 1,402,355 | 1,366,451 | 1,346,534 | 1,334,351 | 1,337,167 | 1,333,704 | 1,328,187 |
| Operating profit margin | 10.65% | 9.03% | 8.75% | 8.02% | 7.76% | 9.00% | 7.20% | 7.06% | 6.68% | 7.40% | 10.50% | 11.75% | 12.67% | 13.20% | 13.01% | 12.86% | 13.19% | 13.39% | 13.98% | 14.57% |
June 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $199,363K ÷ $1,871,715K
= 10.65%
Lancaster Colony Corporation's operating profit margin has shown fluctuations over the past several quarters. The trend indicates some variability in the company's ability to generate profits from its core operations. The operating profit margin ranged from a low of 6.68% in Jun 30, 2022, to a high of 13.98% in Sep 30, 2019.
In recent quarters, the operating profit margin has generally been in the range of 7% to 10%, with a slight uptick in the most recent quarter to 10.65%. This suggests that the company may have improved its operational efficiency and cost management compared to the previous quarters.
It is essential for Lancaster Colony Corporation to continue monitoring and managing its operating profit margin effectively to ensure sustained profitability and long-term financial health. Further analysis of the underlying factors contributing to these fluctuations would provide more insights into the company's performance and areas for improvement.
Peer comparison
Jun 30, 2024