Sealed Air Corporation (SEE)
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 | 754,600 | 771,400 | 841,800 | 852,200 | 944,800 | 1,017,000 | 990,300 | 960,500 | 900,900 | 821,500 | 814,700 | 803,800 | 788,100 | 772,300 | 731,800 | 624,200 | 578,500 | 538,900 | 548,100 | 629,900 |
| Revenue (ttm) | US$ in thousands | 5,488,900 | 5,517,300 | 5,535,900 | 5,573,100 | 5,641,900 | 5,767,500 | 5,773,800 | 5,684,300 | 5,533,800 | 5,343,200 | 5,173,700 | 4,996,400 | 4,903,200 | 4,861,200 | 4,842,500 | 4,852,300 | 4,791,100 | 4,752,500 | 4,720,200 | 4,714,400 |
| Operating profit margin | 13.75% | 13.98% | 15.21% | 15.29% | 16.75% | 17.63% | 17.15% | 16.90% | 16.28% | 15.37% | 15.75% | 16.09% | 16.07% | 15.89% | 15.11% | 12.86% | 12.07% | 11.34% | 11.61% | 13.36% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $754,600K ÷ $5,488,900K
= 13.75%
Sealed Air Corp.'s operating profit margin has shown a gradual decrease over the past four quarters, from 16.85% in Q4 2022 to 14.93% in Q4 2023. This downward trend indicates a declining ability of the company to generate profits from its core operations. However, it's worth noting that the margins have remained relatively stable in the range of 14.93% to 16.85% over the recent quarters, suggesting some level of consistency in the company's operational efficiency.
The decreasing trend in operating profit margin could be a sign of worsening cost management or pricing pressures faced by Sealed Air Corp. It would be essential for the company to closely monitor and address the factors contributing to this decline in profitability to ensure sustainable financial performance in the future.
Peer comparison
Dec 31, 2023