RPM International Inc (RPM)
Operating profit margin
| May 31, 2024 | May 31, 2023 | May 31, 2022 | May 31, 2021 | May 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 601,216 | 510,777 | 452,576 | 488,570 | 261,060 |
| Revenue | US$ in thousands | 7,210,630 | 7,128,530 | 6,615,470 | 6,018,050 | 5,406,290 |
| Operating profit margin | 8.34% | 7.17% | 6.84% | 8.12% | 4.83% |
May 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $601,216K ÷ $7,210,630K
= 8.34%
Based on the data provided, the operating profit margin of RPM International Inc has shown some fluctuations over the five-year period.
In May 2020, the operating profit margin was at 4.83%, indicating that for every dollar of revenue generated, the company retained around 4.83 cents as profit after accounting for operating expenses.
There was a notable increase in operating profit margin in May 2021, reaching 8.12%, reflecting improved cost management or increased revenue generation efficiency during that period.
Although there was a slight decline in the operating profit margin in May 2022 to 6.84%, it remained above the levels recorded in the previous years.
The operating profit margin further improved in May 2023 to 7.17%, showcasing the company's ability to generate profit from its core operations.
The most recent data point in May 2024 indicates that the operating profit margin increased to 8.34%, suggesting a positive trend in the company's operational efficiency and profitability.
Overall, the trend in RPM International Inc's operating profit margin over the past five years shows periods of fluctuation but generally demonstrates a positive trajectory towards improved profitability and cost control.
Peer comparison
May 31, 2024