ODP Corp (ODP)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 206,000 | 229,000 | 218,000 | 231,000 | 275,000 | 261,000 | 254,000 | 262,000 | 243,000 | 245,000 | 265,000 | 133,000 | 112,000 | 102,000 | 100,000 | -278,000 | -253,000 | -200,000 | -194,000 | 247,000 |
| Revenue (ttm) | US$ in thousands | 6,992,000 | 7,174,000 | 7,403,000 | 7,594,000 | 7,831,000 | 8,131,000 | 8,294,000 | 8,420,000 | 8,490,000 | 8,426,000 | 8,433,000 | 8,685,000 | 8,873,000 | 9,119,000 | 9,479,000 | 9,351,000 | 9,710,000 | 9,930,000 | 10,173,000 | 10,603,000 |
| Operating profit margin | 2.95% | 3.19% | 2.94% | 3.04% | 3.51% | 3.21% | 3.06% | 3.11% | 2.86% | 2.91% | 3.14% | 1.53% | 1.26% | 1.12% | 1.05% | -2.97% | -2.61% | -2.01% | -1.91% | 2.33% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $206,000K ÷ $6,992,000K
= 2.95%
The operating profit margin of ODP Corp has shown fluctuations over the period under consideration. In March 2020, the operating profit margin was 2.33%, indicating that for every dollar of sales generated, the company made a profit of 2.33 cents before considering other expenses. However, in the subsequent quarters of 2020 and early 2021, the operating profit margin turned negative, signaling that the company was experiencing operating losses during those periods.
From June 2021 onwards, ODP Corp managed to improve its operating profit margin, with positive margins recorded in each quarter up to December 2024. The margins ranged from 1.05% to 3.51%, reaching a peak in December 2023. This improvement suggests that the company was able to enhance its operational efficiency and profitability over time.
Overall, the trend indicates ODP Corp's efforts to strengthen its operational performance and increase profitability, as evidenced by the positive operating profit margins achieved in the latter part of the period. Maintaining or further improving these margins will be crucial for sustaining the company's financial health and long-term growth.
Peer comparison
Dec 31, 2024