Enpro Industries (NPO)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 142,300 | 76,800 | 129,100 | 228,700 | -10,300 |
| Revenue | US$ in thousands | 1,048,700 | 1,059,300 | 1,099,200 | 1,141,800 | 1,074,000 |
| Operating profit margin | 13.57% | 7.25% | 11.74% | 20.03% | -0.96% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $142,300K ÷ $1,048,700K
= 13.57%
Enpro Industries' operating profit margin has shown variability over the past few years. In December 2020, the company reported a negative operating profit margin of -0.96%, indicating that its operating expenses exceeded its operating income. However, there was a significant improvement by December 2021, with the operating profit margin increasing to 20.03%, suggesting that the company became more efficient in controlling its operating costs relative to its revenue.
Subsequently, in December 2022 and December 2023, Enpro Industries experienced a decline in its operating profit margin to 11.74% and 7.25%, respectively. This downward trend may imply challenges in managing costs or changes in the business environment that impacted profitability. It is worth noting that while the operating profit margin decreased, Enpro Industries was still able to generate a positive operating income.
The most recent data in December 2024 shows an improvement in the operating profit margin to 13.57%, indicating that the company may have implemented strategies to enhance efficiency and control costs. Overall, Enpro Industries' operating profit margin has exhibited fluctuations, underscoring the importance of closely monitoring cost management strategies and operational performance to sustain profitability in the long run.