Somnigroup International Inc. (SGI)
Operating profit margin
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 628,500 | 609,900 | 595,400 | 607,200 | 632,400 | 650,200 | 635,300 | 680,600 | 784,300 | 833,100 | 912,500 | 912,300 | 854,700 | 785,100 | 615,200 | 532,100 | 423,500 | 363,900 | 391,500 | 346,700 |
| Revenue (ttm) | US$ in thousands | 4,893,500 | 4,870,600 | 4,906,700 | 4,925,400 | 4,942,300 | 4,948,500 | 4,889,800 | 4,921,200 | 5,093,400 | 5,168,400 | 5,126,500 | 4,930,800 | 4,628,200 | 4,402,200 | 3,898,300 | 3,676,900 | 3,491,200 | 3,179,900 | 3,237,500 | 3,106,000 |
| Operating profit margin | 12.84% | 12.52% | 12.13% | 12.33% | 12.80% | 13.14% | 12.99% | 13.83% | 15.40% | 16.12% | 17.80% | 18.50% | 18.47% | 17.83% | 15.78% | 14.47% | 12.13% | 11.44% | 12.09% | 11.16% |
September 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $628,500K ÷ $4,893,500K
= 12.84%
Somnigroup International Inc.'s operating profit margin has shown a mixed performance over the period from December 31, 2019, to September 30, 2024. The margin started at 11.16% in December 2019, increased gradually, reaching a peak of 18.50% in December 2021. Subsequently, there was a slight decline in the margin to 12.33% by December 2023, before recovering slightly to 12.84% by September 30, 2024.
Overall, Somnigroup International Inc. has demonstrated a generally positive trend in its operating profit margin, with the margin consistently above 10% throughout the period under review. This signifies efficient cost management and profitability in the company's operations. However, the recent slight decline in the margin from its peak in December 2021 should be monitored to ensure continued profitability and sustainability in the future.
Peer comparison
Sep 30, 2024