Mesa Laboratories Inc (MLAB)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 18,116 | 12,270 | 8,702 | 2,458 | -9,329 | -5,860 | -1,805 | -5,539 | 4,191 | -1,723 | -1,517 | 6,004 | 9,108 | 11,642 | 11,911 | 11,986 | 8,589 | 5,186 | 5,300 | 7,494 |
| Revenue (ttm) | US$ in thousands | 237,747 | 228,380 | 223,712 | 216,187 | 212,874 | 213,688 | 219,272 | 219,080 | 222,368 | 222,777 | 199,868 | 184,335 | 163,420 | 142,896 | 138,916 | 133,937 | 130,181 | 127,664 | 121,340 | 117,687 |
| Operating profit margin | 7.62% | 5.37% | 3.89% | 1.14% | -4.38% | -2.74% | -0.82% | -2.53% | 1.88% | -0.77% | -0.76% | 3.26% | 5.57% | 8.15% | 8.57% | 8.95% | 6.60% | 4.06% | 4.37% | 6.37% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $18,116K ÷ $237,747K
= 7.62%
Mesa Laboratories Inc's operating profit margin has exhibited fluctuating trends over the past several quarters. The margin started at a relatively healthy level of 6.37% in March 2020 but experienced a decline in subsequent quarters, reaching as low as -2.74% in September 2023. This period was characterized by negative operating profit margins, indicating the company's operational inefficiencies or decreasing profitability.
However, Mesa Laboratories Inc managed to improve its operating profit margin beginning in December 2023, with a positive trend observed in the subsequent quarters. The margin gradually recovered to 7.62% by December 2024, demonstrating the company's efforts to enhance operational efficiency and profitability.
It is essential for Mesa Laboratories Inc to sustain this positive momentum in its operating profit margin to ensure long-term financial health and stability. Continued focus on cost management, revenue growth strategies, and operational optimization will be crucial for maintaining and potentially further improving the operating profit margin in the future.
Peer comparison
Dec 31, 2024