Schneider National Inc (SNDR)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 296,400 | 600,400 | 533,700 | 286,700 | 207,800 |
| Revenue | US$ in thousands | 5,498,900 | 6,604,400 | 5,608,700 | 4,552,800 | 4,747,000 |
| Operating profit margin | 5.39% | 9.09% | 9.52% | 6.30% | 4.38% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $296,400K ÷ $5,498,900K
= 5.39%
Schneider National Inc's operating profit margin has shown fluctuation over the past five years. In 2023, the operating profit margin decreased to 5.39% from 9.09% in 2022, marking a significant decline. However, the operating profit margin in 2023 is still higher than the levels observed in 2020 and 2019. It is also lower than the peak operating profit margin of 9.52% in 2021. This suggests that the company's ability to generate profits from its core operations has been variable in recent years. Further analysis and examination of the company's financial performance and operational efficiency may be needed to fully understand the factors contributing to these fluctuations in operating profit margins.
Peer comparison
Dec 31, 2023