National Presto Industries Inc (NPK)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 35,033 | 22,421 | 25,851 | 28,460 | 22,127 | 24,565 | 18,702 | 22,173 | 30,029 | 44,060 | 53,877 | 57,876 | 56,196 | 53,501 | 47,686 | 40,994 | 37,779 | 38,603 | 36,808 | 40,569 |
| Revenue (ttm) | US$ in thousands | 340,912 | 356,544 | 343,086 | 341,278 | 321,623 | 307,982 | 325,524 | 335,504 | 355,777 | 361,292 | 368,004 | 368,018 | 352,627 | 341,614 | 325,683 | 310,296 | 308,510 | 299,212 | 302,859 | 310,341 |
| Operating profit margin | 10.28% | 6.29% | 7.53% | 8.34% | 6.88% | 7.98% | 5.75% | 6.61% | 8.44% | 12.20% | 14.64% | 15.73% | 15.94% | 15.66% | 14.64% | 13.21% | 12.25% | 12.90% | 12.15% | 13.07% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $35,033K ÷ $340,912K
= 10.28%
The operating profit margin of National Presto Industries Inc has fluctuated over the past few quarters. In the most recent quarter ending December 31, 2023, the operating profit margin stood at 10.28%, showing an improvement compared to the previous quarter. However, it is lower than the levels observed in earlier quarters in 2021 where the operating profit margin was above 12%, with peaks reaching over 15%.
The declining trend in operating profit margin from the high levels of 2021 to the current levels indicates that the company may be facing challenges in managing its operating expenses or maintaining profitability in a competitive environment. It is important for National Presto Industries Inc to closely monitor its operational efficiency and cost management strategies to sustain or improve its operating profit margin over time.
Peer comparison
Dec 31, 2023