Olin Corporation (OLN)

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	303,600	337,200	487,700	556,500	694,000	886,700	1,114,200	1,462,900	1,779,000	2,031,000	2,186,500	2,016,100	1,850,800	1,405,600	172,800	-318,000	-746,700	-876,400	-89,200	35,100
Revenue (ttm)	US$ in thousands	6,540,100	6,483,400	6,565,300	6,624,000	6,833,000	7,195,400	7,845,700	8,759,100	9,376,200	9,829,600	9,848,000	9,453,200	8,910,600	8,134,300	7,231,800	6,251,700	5,758,000	5,491,000	5,630,000	5,981,700
Operating profit margin		4.64%	5.20%	7.43%	8.40%	10.16%	12.32%	14.20%	16.70%	18.97%	20.66%	22.20%	21.33%	20.77%	17.28%	2.39%	-5.09%	-12.97%	-15.96%	-1.58%	0.59%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $303,600K ÷ $6,540,100K
= 4.64%

The operating profit margin of Olin Corporation has shown a fluctuating trend over the past few years, reflecting the company's operational efficiency and profitability. Starting from a relatively low point of 0.59% in March 2020, the margin deteriorated further to negative figures in subsequent quarters, reaching its lowest point of -15.96% in September 2020.

However, there was a noticeable turnaround in the company's performance as the operating profit margin improved consistently from June 2021 onwards. The margin increased steadily, reaching a peak of 22.20% in June 2022, indicating a significant enhancement in Olin Corporation's operational profitability.

Subsequently, the operating profit margin witnessed some fluctuations but remained relatively stable above 10% throughout 2023 and 2024. This stability suggests that the company has been able to maintain a healthy level of profitability despite potential industry challenges or economic conditions.

Overall, the improving trend in Olin Corporation's operating profit margin indicates the company's success in managing costs, increasing revenues, and enhancing its operational efficiency over the analyzed period. It is essential for stakeholders to continue monitoring this metric to assess the company's financial health and performance in the future.