Matthews International Corporation (MATW)
Operating profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -12,323 | 88,117 | -43,937 | 42,034 | -64,193 |
| Revenue | US$ in thousands | 1,795,740 | 1,880,900 | 1,762,400 | 1,671,030 | 1,498,310 |
| Operating profit margin | -0.69% | 4.68% | -2.49% | 2.52% | -4.28% |
September 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-12,323K ÷ $1,795,740K
= -0.69%
The operating profit margin of Matthews International Corporation has exhibited fluctuations over the past five years. In 2024, the company reported a negative operating profit margin of -0.69%, which indicates that the company's operating expenses exceeded its operating income during that period. This marks a significant decline from the previous year, where the operating profit margin was 4.68%, signifying a decrease in profitability.
In 2023, Matthews International Corporation experienced a negative operating profit margin of -2.49%, indicating ongoing challenges in its operational efficiency. The following year, in 2022, the company's operating profit margin improved to 2.52%, signaling a partial recovery in profitability.
Looking back at 2021, the company reported an operating profit margin of -4.28%, reflecting a period of financial difficulty where operating expenses substantially surpassed operating income. Overall, Matthews International Corporation has faced volatility in its operating profit margins in recent years, with a mix of positive and negative outcomes impacting its financial performance.