Masco Corporation (MAS)
Operating profit margin
| 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 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,348,000 | 1,286,000 | 1,254,000 | 1,259,000 | 1,297,000 | 1,330,000 | 1,364,000 | 1,393,000 | 1,405,000 | 1,494,000 | 1,533,000 | 1,435,000 | 1,295,000 | 1,243,000 | 1,108,000 | 1,116,000 | 1,088,000 | 1,040,000 | 1,037,000 | 1,048,000 |
| Revenue (ttm) | US$ in thousands | 7,861,000 | 7,896,000 | 8,121,000 | 8,341,000 | 8,568,000 | 8,318,000 | 8,321,000 | 8,159,000 | 7,747,000 | 7,958,000 | 7,728,000 | 7,303,000 | 7,072,000 | 6,851,000 | 6,811,000 | 7,316,000 | 7,648,000 | 8,050,000 | 8,210,000 | 8,228,000 |
| Operating profit margin | 17.15% | 16.29% | 15.44% | 15.09% | 15.14% | 15.99% | 16.39% | 17.07% | 18.14% | 18.77% | 19.84% | 19.65% | 18.31% | 18.14% | 16.27% | 15.25% | 14.23% | 12.92% | 12.63% | 12.74% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,348,000K ÷ $7,861,000K
= 17.15%
Masco Corp.'s operating profit margin has shown some fluctuations over the past eight quarters. The company's operating profit margin ranged from a low of 15.19% in Q1 2023 to a high of 17.10% in Q4 2023. Throughout this period, the operating profit margin has generally been in the range of 15% to 17%.
The trend indicates that Masco Corp. has been able to maintain a relatively stable level of operating profitability, with slight variations from quarter to quarter. It is important to note that the company's operating profit margin has been consistently above 15% in all quarters, reflecting a healthy level of profitability in its operations.
Overall, Masco Corp.'s operating profit margin analysis suggests that the company has been effective in managing its operating expenses and generating profits from its core business activities. Further analysis and comparison with industry peers may provide additional insights into the company's performance and competitive position.
Peer comparison
Dec 31, 2023