Resideo Technologies Inc (REZI)
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 | ||
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Operating income (ttm) | US$ in thousands | 538,000 | 541,000 | 524,000 | 544,000 | 547,000 | 498,000 | 500,000 | 492,000 | 486,000 | 529,000 | 585,000 | 561,000 | 559,000 | 570,000 | 534,000 | 407,000 | 311,000 | 231,000 | 159,000 | 207,000 |
Revenue (ttm) | US$ in thousands | 6,761,000 | 6,440,000 | 6,166,000 | 6,179,000 | 6,242,000 | 6,265,000 | 6,329,000 | 6,413,000 | 6,370,000 | 6,264,000 | 6,142,000 | 5,933,000 | 5,846,000 | 5,893,000 | 5,759,000 | 5,311,000 | 5,071,000 | 4,874,000 | 4,738,000 | 4,951,000 |
Operating profit margin | 7.96% | 8.40% | 8.50% | 8.80% | 8.76% | 7.95% | 7.90% | 7.67% | 7.63% | 8.45% | 9.52% | 9.46% | 9.56% | 9.67% | 9.27% | 7.66% | 6.13% | 4.74% | 3.36% | 4.18% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $538,000K ÷ $6,761,000K
= 7.96%
The operating profit margin of Resideo Technologies Inc has shown a fluctuating trend over the past few years. It started at 4.18% in March 2020, dipped to 3.36% in June 2020, and then began a gradual increase, reaching 9.67% in September 2021. The highest margin was recorded at 9.67% in September 2021. However, there was a slight decline in the operating profit margin in the following periods, stabilizing at around 8% between March 2023 and December 2024. The company's operating profit margin indicates the percentage of revenue that remains after deducting operating expenses, reflecting the efficiency of its operations in generating profits. The trend in the operating profit margin suggests that Resideo Technologies Inc has been able to effectively manage its operating costs and improve its profitability over time, although there have been minor fluctuations in recent periods.