Pilgrims Pride Corp (PPC)
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 | 1,506,069 | 1,383,717 | 1,081,736 | 741,217 | 522,286 | 260,463 | 393,292 | 805,925 | 1,176,595 | 1,309,173 | 1,090,748 | 454,713 | 211,164 | 195,610 | 169,121 | 319,541 | 245,463 | 291,755 | 385,652 | 637,913 |
| Revenue (ttm) | US$ in thousands | 17,845,240 | 17,920,260 | 17,637,730 | 17,321,630 | 17,121,930 | 16,725,710 | 16,871,300 | 17,222,890 | 17,295,990 | 17,269,750 | 16,618,380 | 15,613,130 | 14,664,000 | 13,755,120 | 12,996,470 | 12,195,720 | 12,013,720 | 11,959,380 | 11,675,740 | 11,696,170 |
| Operating profit margin | 8.44% | 7.72% | 6.13% | 4.28% | 3.05% | 1.56% | 2.33% | 4.68% | 6.80% | 7.58% | 6.56% | 2.91% | 1.44% | 1.42% | 1.30% | 2.62% | 2.04% | 2.44% | 3.30% | 5.45% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,506,069K ÷ $17,845,240K
= 8.44%
The operating profit margin of Pilgrims Pride Corp has shown fluctuations over the past few years. It stood at 5.45% as of March 31, 2020, indicating that the company generated 5.45 cents of operating profit for every dollar of sales revenue. However, the margin declined to 3.30% by June 30, 2020, and further dropped to 2.44% by September 30, 2020.
Throughout 2021 and the first half of 2022, the operating profit margin remained relatively low, ranging from 1.30% to 2.91%. However, there was a significant improvement in the margin in the second half of 2022, where it consistently increased from 6.56% to 8.44% by December 31, 2024.
It is worth noting that the operating profit margin is a key indicator of a company's operational efficiency and profitability, reflecting its ability to control costs and generate profits from core business activities. The increasing trend in Pilgrims Pride Corp's operating profit margin from the latter part of 2022 to the end of 2024 suggests enhancements in operational efficiency and stronger profitability for the company during this period.
Peer comparison
Dec 31, 2024