Masco Corporation (MAS)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,348,000 | 1,297,000 | 1,405,000 | 1,295,000 | 1,088,000 |
| Revenue | US$ in thousands | 7,861,000 | 8,568,000 | 7,915,000 | 7,636,000 | 6,846,000 |
| Operating profit margin | 17.15% | 15.14% | 17.75% | 16.96% | 15.89% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,348,000K ÷ $7,861,000K
= 17.15%
Masco Corp.'s operating profit margin has displayed fluctuations over the past five years. The margin in 2023 stood at 17.10%, showing an improvement from the prior year's 15.24%. However, it was slightly lower compared to 2021 when it was 17.31%. The company's operating profit margin reached its peak at 18.02% in 2020 and was at 16.36% in 2019. Overall, Masco Corp. has maintained a relatively stable operating profit margin range, with some yearly variability in performance. This indicates the company's ability to effectively manage its operating expenses and generate profits from its core business activities.
Peer comparison
Dec 31, 2023