Materion Corporation (MTRN)

Operating profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands 47,223 136,444 119,755 77,111 8,215
Revenue US$ in thousands 1,648,800 1,633,630 1,735,870 1,504,450 1,174,500
Operating profit margin 2.86% 8.35% 6.90% 5.13% 0.70%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $47,223K ÷ $1,648,800K
= 2.86%

The operating profit margin of Materion Corporation has shown a mixed trend over the past five years. It increased steadily from 0.70% in December 31, 2020, to 8.35% in December 31, 2023, indicating improving operational efficiency and profitability. However, there was a slight decline to 2.86% in December 31, 2024, suggesting potential challenges or factors impacting the company's operating performance during that period. Overall, the company has demonstrated the ability to generate a higher percentage of operating profit relative to its revenue in recent years, but the fluctuation in the operating profit margin in 2024 may warrant further investigation into the underlying reasons for the decrease.