MSA Safety (MSA)
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 | ||
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Operating income (ttm) | US$ in thousands | 231,320 | 199,690 | 169,880 | 136,408 | 239,137 | 79,678 | 47,767 | 21,366 | 22,781 | 135,302 | 144,049 | 157,208 | 171,907 | 190,220 | 208,685 | 214,869 | 188,247 | 188,496 | 168,885 | 161,204 |
Revenue (ttm) | US$ in thousands | 1,787,646 | 1,708,559 | 1,648,578 | 1,586,762 | 1,527,954 | 1,483,509 | 1,447,089 | 1,415,368 | 1,400,181 | 1,370,674 | 1,338,733 | 1,315,694 | 1,348,223 | 1,335,229 | 1,381,851 | 1,417,088 | 1,401,981 | 1,388,510 | 1,368,592 | 1,358,248 |
Operating profit margin | 12.94% | 11.69% | 10.30% | 8.60% | 15.65% | 5.37% | 3.30% | 1.51% | 1.63% | 9.87% | 10.76% | 11.95% | 12.75% | 14.25% | 15.10% | 15.16% | 13.43% | 13.58% | 12.34% | 11.87% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $231,320K ÷ $1,787,646K
= 12.94%
Over the past eight quarters, MSA Safety Inc has demonstrated a gradually improving trend in its operating profit margin. The operating profit margin, a key profitability metric, measures the company's ability to generate profit from its core operations before interest and taxes.
In particular, from Q1 2022 to Q4 2023, MSA Safety Inc's operating profit margin has increased from 3.11% to 21.68%. This substantial improvement indicates that the company has been able to effectively control its operating expenses and costs over the quarters, leading to higher profitability with each passing period.
Overall, the consistent growth in the operating profit margin reflects positively on MSA Safety Inc's operational efficiency and indicates that the company is on a path towards stronger financial performance. It suggests that the company is effectively managing its costs while maximizing revenue generation, which is a good sign for investors and stakeholders.
Peer comparison
Dec 31, 2023