Rockwell Automation Inc (ROK)
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 | 870,600 | 943,300 | 1,122,800 | 1,069,200 | 943,500 | 902,300 | 767,600 | 734,700 | 775,200 | 828,900 | 1,640,700 | 1,497,200 | 1,497,900 | 1,458,100 | 1,541,700 | 1,726,300 | 1,702,700 | 1,760,100 | 1,769,800 | 1,740,700 |
| Revenue (ttm) | US$ in thousands | 9,134,800 | 9,203,000 | 8,773,300 | 8,412,100 | 7,887,500 | 7,627,800 | 7,344,400 | 7,240,700 | 7,215,500 | 6,930,800 | 6,691,200 | 6,234,000 | 6,137,000 | 6,252,500 | 6,412,700 | 6,682,400 | 6,660,100 | 6,622,300 | 6,621,600 | 6,682,000 |
| Operating profit margin | 9.53% | 10.25% | 12.80% | 12.71% | 11.96% | 11.83% | 10.45% | 10.15% | 10.74% | 11.96% | 24.52% | 24.02% | 24.41% | 23.32% | 24.04% | 25.83% | 25.57% | 26.58% | 26.73% | 26.05% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $870,600K ÷ $9,134,800K
= 9.53%
To analyze Rockwell Automation Inc's operating profit margin, we can observe the trend over the past eight quarters.
The operating profit margin has shown a consistent improvement from Q1 2022 to Q2 2023, with a slight dip in Q4 2022. The company experienced a noticeable increase in operating profit margin from Q2 2022 to Q3 2022, indicating enhanced operational efficiency. Subsequently, the operating profit margin continued to rise in the subsequent quarters, reaching 18.87% in Q2 2023.
This positive trend suggests that Rockwell Automation Inc has been effectively managing its operating expenses relative to its revenue and has been able to increase its profitability over the measured period. Maintaining or further improving this trend will be crucial for the company's overall financial performance and sustainability.
Peer comparison
Dec 31, 2023