ODP Corp (ODP)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 201,000 | 243,000 | 234,000 | 6,000 | 224,000 |
| Revenue | US$ in thousands | 7,812,000 | 8,477,000 | 8,439,000 | 9,660,000 | 10,561,000 |
| Operating profit margin | 2.57% | 2.87% | 2.77% | 0.06% | 2.12% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $201,000K ÷ $7,812,000K
= 2.57%
The operating profit margin of ODP Corp has shown some variability over the past five years. In 2023, the operating profit margin stood at 2.57%, a slight decrease from the prior year's margin of 2.87%. Despite this slight decline, the company's operating profit margin in 2023 remains relatively stable compared to the margins of 2019 and 2021. In 2020, the operating profit margin was significantly lower at 0.06%, indicating a challenging year for profitability. Overall, the company has demonstrated the ability to maintain a positive operating profit margin in recent years, suggesting effective cost management and operational efficiency.
Peer comparison
Dec 31, 2023