Sturm Ruger & Company Inc (RGR)
Operating profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 52,084 | 61,442 | 74,975 | 81,750 | 103,456 | 128,561 | 155,428 | 189,907 | 203,136 | 200,452 | 186,584 | 150,941 | 119,148 | 86,928 | 59,645 | 43,084 | 39,373 | 46,580 | 52,962 | 64,865 |
| Revenue (ttm) | US$ in thousands | 543,767 | 562,374 | 580,871 | 578,720 | 595,842 | 614,659 | 653,515 | 712,934 | 730,736 | 731,955 | 699,414 | 629,606 | 568,868 | 504,747 | 454,041 | 420,106 | 410,506 | 426,488 | 446,434 | 478,516 |
| Operating profit margin | 9.58% | 10.93% | 12.91% | 14.13% | 17.36% | 20.92% | 23.78% | 26.64% | 27.80% | 27.39% | 26.68% | 23.97% | 20.94% | 17.22% | 13.14% | 10.26% | 9.59% | 10.92% | 11.86% | 13.56% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $52,084K ÷ $543,767K
= 9.58%
Sturm, Ruger & Co., Inc.'s operating profit margin has displayed a downward trend over the past several quarters, deteriorating from 26.62% in Q1 2022 to 9.58% in Q4 2023. This consistent decline indicates potential challenges in effectively managing operating expenses in relation to revenue generation. The decreasing trend suggests a need for the company to closely monitor and control costs to improve profitability. Furthermore, the significant decrease in operating profit margin from Q1 2022 to Q4 2023 highlights the importance of addressing underlying operational inefficiencies and exploring strategies to enhance the company's overall financial performance.
Peer comparison
Dec 31, 2023