National Presto Industries Inc (NPK)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 45,213 | 35,033 | 32,717 | 30,029 | 56,196 |
| Revenue | US$ in thousands | 388,228 | 340,912 | 321,623 | 355,777 | 352,627 |
| Operating profit margin | 11.65% | 10.28% | 10.17% | 8.44% | 15.94% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $45,213K ÷ $388,228K
= 11.65%
National Presto Industries Inc's operating profit margin has shown fluctuations over the years. The margin was at 15.94% as of December 31, 2020, indicating that the company was efficient in controlling its operating expenses and generating profits from its core business activities.
However, the margin declined to 8.44% by December 31, 2021, which could raise concerns about the company's ability to maintain profitability amidst potential cost pressures or declining revenues.
There was a slight improvement in the operating profit margin to 10.17% by December 31, 2022, followed by a modest increase to 10.28% by December 31, 2023. These improvements suggest that the company may have implemented cost-saving measures or improved operational efficiencies during these periods.
By December 31, 2024, the operating profit margin further increased to 11.65%, indicating a positive trend towards enhanced profitability. This improvement could be attributed to successful business strategies, stronger sales performance, or effective cost management by National Presto Industries Inc.
Overall, while the company experienced fluctuations in its operating profit margin over the years, the recent upward trend is a positive sign of potential operational improvements and profitability enhancement.
Peer comparison
Dec 31, 2024