Saia Inc (SAIA)

Operating profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Operating income (ttm) US$ in thousands 482,160 493,339 496,603 479,265 460,496 440,524 440,444 466,182 470,488 475,182 452,944 389,876 335,141 288,404 237,503 190,259 180,321 157,103 147,246 162,731
Revenue (ttm) US$ in thousands 3,208,532 3,168,231 3,101,011 2,972,214 2,877,988 2,783,224 2,737,815 2,788,663 2,789,396 2,750,341 2,640,762 2,466,465 2,289,386 2,149,757 2,010,987 1,856,791 1,819,754 1,786,337 1,772,393 1,818,283
Operating profit margin 15.03% 15.57% 16.01% 16.12% 16.00% 15.83% 16.09% 16.72% 16.87% 17.28% 17.15% 15.81% 14.64% 13.42% 11.81% 10.25% 9.91% 8.79% 8.31% 8.95%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $482,160K ÷ $3,208,532K
= 15.03%

Saia Inc's operating profit margin has displayed a generally positive trend over the analyzed period from March 31, 2020, to December 31, 2024. The operating profit margin started at 8.95% in March 2020 and showed fluctuations before a notable upward trajectory. The margin improved consistently over the next few quarters, reaching double-digit levels by March 2021.

From March 2021 to June 2022, there was a significant increase in the operating profit margin, rising from 10.25% to 17.15%. This expansion reflects Saia Inc's ability to effectively control its operating expenses in comparison to its revenue generation during this period.

However, from September 2022 to December 2024, the operating profit margin experienced a slight decline. The margin decreased from 17.28% in September 2022 to 15.03% in December 2024. This decrease could indicate various factors such as increased operating costs, changes in revenue structure, or evolving market conditions impacting the company's profitability.

Overall, Saia Inc's operating profit margin demonstrates a positive performance with a notable increase in the initial years, although ending the period with a slight decrease. It is essential for the company to continue monitoring its operating expenses and revenue generation to sustain and enhance its profitability in the future.