Regal Beloit Corporation (RRX)
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 | 377,100 | 351,800 | 546,100 | 589,400 | 690,400 | 557,600 | 504,600 | 424,900 | 356,500 | 411,800 | 380,900 | 311,600 | 280,100 | 267,600 | 250,400 | 300,500 | 351,100 | 379,200 | 375,800 | 379,400 |
| Revenue (ttm) | US$ in thousands | 10,721,600 | 10,161,100 | 8,276,900 | 6,192,100 | 5,129,100 | 5,130,700 | 4,719,500 | 4,270,400 | 3,794,700 | 3,374,200 | 3,230,700 | 2,967,300 | 3,609,400 | 3,567,100 | 4,348,800 | 5,463,500 | 5,742,400 | 5,885,900 | 6,192,100 | 6,359,100 |
| Operating profit margin | 3.52% | 3.46% | 6.60% | 9.52% | 13.46% | 10.87% | 10.69% | 9.95% | 9.39% | 12.20% | 11.79% | 10.50% | 7.76% | 7.50% | 5.76% | 5.50% | 6.11% | 6.44% | 6.07% | 5.97% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $377,100K ÷ $10,721,600K
= 3.52%
Regal Rexnord Corp's operating profit margin has demonstrated a declining trend over the past quarters, decreasing from 13.25% in Q4 2022 to 8.48% in Q4 2023. This downward trend indicates a decrease in the company's ability to generate operating profit from its sales.
The company's operating profit margin peaked at 11.48% in Q1 2023 but has steadily declined since then. This decline could be attributed to various factors such as increasing operating expenses, pricing pressures, or inefficiencies in cost management.
Overall, Regal Rexnord Corp's operating profit margin performance suggests a potential challenge in maintaining profitability levels in recent quarters. Further analysis of the company's cost structure and revenue generation strategies may be necessary to address the declining trend in operating profit margin.
Peer comparison
Dec 31, 2023