Rogers Corporation (ROG)

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	85,300	137,433	128,787	124,289	144,432	72,208	87,531	99,880	117,182	126,710	101,705	87,052	67,334	61,944	83,035	95,156	110,481	122,699	122,456	114,467
Revenue (ttm)	US$ in thousands	901,299	912,712	930,181	952,619	959,464	974,498	968,031	952,111	933,645	911,742	872,311	827,187	796,024	779,120	800,771	852,145	894,360	923,534	930,355	904,278
Operating profit margin		9.46%	15.06%	13.85%	13.05%	15.05%	7.41%	9.04%	10.49%	12.55%	13.90%	11.66%	10.52%	8.46%	7.95%	10.37%	11.17%	12.35%	13.29%	13.16%	12.66%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $85,300K ÷ $901,299K
= 9.46%

Rogers Corp.'s operating profit margin has exhibited fluctuations over the past eight quarters, as evidenced by the data provided. The operating profit margin, which represents the company's operating income as a percentage of its revenue, has ranged from a low of 5.63% in Q1 2023 to a high of 10.46% in Q1 2022.

Overall, Rogers Corp.'s operating profit margin has shown a declining trend in recent quarters, with Q1 2022 recording the highest margin of 10.46% followed by a gradual decline in subsequent quarters. This downward trend may indicate potential challenges in controlling operating expenses relative to revenue generation.

It is important for the company to closely monitor and manage its operating costs to improve its operating profit margin. Additionally, analyzing the factors that contributed to the fluctuations in the operating profit margin can provide insights for strategic decision-making and operational improvements within the organization.