Regal Beloit Corporation (RRX)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 630,000 | 377,100 | 690,400 | 332,400 | 280,100 |
| Revenue | US$ in thousands | 6,033,800 | 6,250,700 | 5,217,900 | 3,810,300 | 2,907,000 |
| Operating profit margin | 10.44% | 6.03% | 13.23% | 8.72% | 9.64% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $630,000K ÷ $6,033,800K
= 10.44%
Regal Beloit Corporation's operating profit margin has shown fluctuating trends over the past five years, as per the provided data.
- In December 2020, the operating profit margin was 9.64%, indicating that the company generated a profit of 9.64 cents on every dollar of sales post operating expenses.
- By December 2021, the operating profit margin decreased to 8.72%, suggesting a slight decline in the company's efficiency in managing its operating costs and generating profits from its core business activities.
- A significant improvement was seen by December 2022, with the operating profit margin rising to 13.23%, showcasing a substantial increase in profitability on sales revenue.
- However, there was a sharp decline in the operating profit margin by December 2023, dropping to 6.03%, which indicates a challenge in effectively controlling operating expenses relative to sales.
- The most recent data point, December 2024, reflects a recovery in the operating profit margin to 10.44%, signifying an improvement in the company's operational efficiency and profitability compared to the previous year.
In conclusion, while Regal Beloit Corporation's operating profit margin has shown fluctuations, it is essential for the company to consistently focus on optimizing operational efficiencies and cost management to sustain and enhance profitability in the long term.
Peer comparison
Dec 31, 2024