PPG Industries Inc (PPG)
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 | 2,263,000 | 2,061,000 | 2,029,000 | 1,999,000 | 2,017,000 | 2,201,000 | 2,093,000 | 1,909,000 | 1,718,000 | 1,639,000 | 1,609,000 | 1,654,000 | 1,791,000 | 1,964,000 | 2,096,000 | 1,864,000 | 1,659,000 | 1,603,000 | 1,490,000 | 1,710,000 |
| Revenue (ttm) | US$ in thousands | 15,845,000 | 18,030,000 | 18,099,000 | 18,177,000 | 18,246,000 | 18,081,000 | 17,905,000 | 17,724,000 | 17,652,000 | 17,657,000 | 17,561,000 | 17,229,000 | 16,802,000 | 16,369,000 | 15,682,000 | 14,338,000 | 13,834,000 | 13,749,000 | 13,890,000 | 14,899,000 |
| Operating profit margin | 14.28% | 11.43% | 11.21% | 11.00% | 11.05% | 12.17% | 11.69% | 10.77% | 9.73% | 9.28% | 9.16% | 9.60% | 10.66% | 12.00% | 13.37% | 13.00% | 11.99% | 11.66% | 10.73% | 11.48% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $2,263,000K ÷ $15,845,000K
= 14.28%
Operating profit margin is a key financial metric that reflects the efficiency of a company in generating profit from its core operations. For PPG Industries Inc, the operating profit margin has shown variability over the period from March 2020 to December 2024.
Initially, the operating profit margin was relatively stable, hovering around the range of 10-12% for most quarters. However, there was a notable increase in the margin in the latter part of 2024, reaching a peak of 14.28% in the December 2024 quarter.
The trend in the operating profit margin indicates fluctuations in the company's ability to control costs and manage its operating expenses effectively. A higher operating profit margin signifies that the company is more efficient in converting its revenue into profits after accounting for variable costs associated with production and administration.
It is important for investors and stakeholders to closely monitor trends in the operating profit margin as it provides insights into the overall profitability and operational efficiency of PPG Industries Inc.
Peer comparison
Dec 31, 2024