Louisiana-Pacific Corporation (LPX)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 287,000 | 1,250,000 | 1,734,000 | 615,000 | -20,000 |
| Revenue | US$ in thousands | 2,581,000 | 3,854,000 | 3,915,000 | 2,399,000 | 2,310,000 |
| Operating profit margin | 11.12% | 32.43% | 44.29% | 25.64% | -0.87% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $287,000K ÷ $2,581,000K
= 11.12%
Louisiana-Pacific Corp.'s operating profit margin has exhibited fluctuating trends over the past five years. The margin decreased from 40.19% in 2021 to 32.04% in 2022, before experiencing a sharp decline to 13.02% in 2023. This significant drop in operating profit margin indicates a decrease in the company's ability to generate profits from its core operations relative to its revenue. The variations in operating profit margin suggest potential changes in the company's cost structure, revenue mix, or efficiency in managing operating expenses. Further analysis is warranted to understand the underlying factors driving these fluctuations and to assess the company's operational performance and profitability sustainability.
Peer comparison
Dec 31, 2023