Phibro Animal Health Corporation (PAHC)

Operating profit margin

		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	Dec 31, 2019	Sep 30, 2019
Operating income (ttm)	US$ in thousands	53,315	58,665	57,294	57,437	71,847	70,967	71,608	78,058	78,986	75,258	76,196	73,792	74,868	73,829	75,016	74,735	69,194	63,174	64,423	70,520
Revenue (ttm)	US$ in thousands	993,816	966,848	952,851	955,955	960,113	955,995	953,390	945,191	935,602	907,274	879,384	852,821	833,350	798,955	797,965	805,828	800,354	818,354	813,351	817,562
Operating profit margin		5.36%	6.07%	6.01%	6.01%	7.48%	7.42%	7.51%	8.26%	8.44%	8.29%	8.66%	8.65%	8.98%	9.24%	9.40%	9.27%	8.65%	7.72%	7.92%	8.63%

June 30, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $53,315K ÷ $993,816K
= 5.36%

The operating profit margin of Phibro Animal Health Corporation has shown some fluctuations over the past few quarters. The trend indicates a modest decline from 9.40% in March 2021 to 5.36% in June 2024. Despite this decline, the company has generally maintained its operating profit margin above 5% in most periods.

The highest operating profit margin was recorded at 9.40% in March 2021, followed by 9.27% in December 2020. The lowest operating profit margin was observed at 5.36% in June 2024.

It is essential to monitor the factors impacting the operating profit margin, such as changes in revenue, cost of goods sold, and operating expenses, to understand the reasons behind the fluctuations. It may be beneficial for Phibro Animal Health Corporation to analyze its cost structure and operational efficiency to enhance profitability and ensure sustainable performance in the future.