RPC Inc (RES)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 97,538 | 253,892 | 197,778 | -65,011 | -101,665 |
| Revenue | US$ in thousands | 1,415,000 | 1,617,470 | 1,601,760 | 864,929 | 598,302 |
| Operating profit margin | 6.89% | 15.70% | 12.35% | -7.52% | -16.99% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $97,538K ÷ $1,415,000K
= 6.89%
RPC Inc's operating profit margin has shown a significant improvement over the past few years. In December 2020, the operating profit margin was negative at -16.99%, indicating that the company was not generating sufficient profits from its core operations.
However, by December 2024, the operating profit margin had improved to 6.89%, showing a positive trend. This suggests that RPC Inc has become more efficient in managing its operating expenses and generating higher profits relative to its revenue.
The most notable improvement occurred between December 2021 and December 2022, where the operating profit margin increased from -7.52% to 12.35%. This significant turnaround indicates that the company implemented strategies to enhance profitability and operational efficiency during that period.
Overall, RPC Inc's operating profit margin trajectory reflects a positive trend, indicating the company's ability to improve its profitability and operational performance over the years.
Peer comparison
Dec 31, 2024