ODP Corp (ODP)
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 | 201,000 | 287,000 | 280,000 | 262,000 | 243,000 | 219,000 | 239,000 | 241,000 | 234,000 | 223,000 | 221,000 | -7,000 | 7,000 | 61,000 | 67,000 | 250,000 | 191,000 | 141,000 | 138,000 | 201,000 |
| Revenue (ttm) | US$ in thousands | 7,821,000 | 8,121,000 | 8,288,000 | 8,415,000 | 8,480,000 | 8,416,000 | 8,417,000 | 8,667,000 | 8,853,000 | 9,099,000 | 9,460,000 | 9,315,000 | 9,663,000 | 9,883,000 | 10,111,000 | 10,541,000 | 10,580,000 | 10,727,000 | 10,822,000 | 10,854,000 |
| Operating profit margin | 2.57% | 3.53% | 3.38% | 3.11% | 2.87% | 2.60% | 2.84% | 2.78% | 2.64% | 2.45% | 2.34% | -0.08% | 0.07% | 0.62% | 0.66% | 2.37% | 1.81% | 1.31% | 1.28% | 1.85% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $201,000K ÷ $7,821,000K
= 2.57%
The operating profit margin of ODP Corp has shown a fluctuating trend over the past few quarters. The margin ranged from as low as -0.08% in the first quarter of 2021 to a peak of 3.53% in the second quarter of 2023. The company's ability to generate operating income relative to its total revenue has been improving overall, with the most recent figure standing at 2.57% as of December 31, 2023.
While the margin experienced some volatility, it generally stayed within the range of 2-3% in the recent quarters, indicating a moderate level of profitability in operations. It is important for ODP Corp to continue monitoring and managing its operating costs and revenue generation to sustain and potentially increase its operating profit margin in the future.
Peer comparison
Dec 31, 2023