Pilgrims Pride Corp (PPC)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,506,070 | 522,286 | 1,176,600 | 211,164 | 245,463 |
| Revenue | US$ in thousands | 17,897,700 | 17,112,600 | 17,295,900 | 14,639,400 | 11,996,600 |
| Operating profit margin | 8.41% | 3.05% | 6.80% | 1.44% | 2.05% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,506,070K ÷ $17,897,700K
= 8.41%
Based on the data provided, Pilgrims Pride Corp's operating profit margin has shown fluctuations over the years. In December 31, 2020, the operating profit margin stood at 2.05%, indicating that the company was generating $0.0205 in operating profit for every dollar of sales.
In December 31, 2021, the operating profit margin declined to 1.44%, suggesting a decrease in the company's profitability relative to revenue. However, by December 31, 2022, there was a significant improvement in the operating profit margin, reaching 6.80%, reflecting a more efficient operation and higher profitability.
Subsequently, in December 31, 2023, the operating profit margin decreased to 3.05%, indicating a slight drop in profitability compared to the previous year. However, by December 31, 2024, the operating profit margin surged to 8.41%, showing a substantial improvement in profitability and operational efficiency.
Overall, it is evident that Pilgrims Pride Corp's operating profit margin has experienced variations over the years, with periods of both decline and growth. Monitoring and analyzing these fluctuations can provide insights into the company's financial health and operational performance.
Peer comparison
Dec 31, 2024