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
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.