Schneider National Inc (SNDR)

Operating profit margin

		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	Sep 30, 2019
Operating income (ttm)	US$ in thousands	157,700	210,500	296,400	408,400	507,100	579,900	600,400	635,100	643,400	592,600	533,700	460,800	370,400	308,000	286,700	259,700	225,400	211,200	207,800	248,300
Revenue (ttm)	US$ in thousands	5,359,400	5,389,200	5,498,900	5,688,900	6,012,200	6,412,600	6,604,400	6,617,500	6,386,700	6,000,600	5,608,700	5,299,100	4,990,300	4,662,300	4,552,800	4,443,900	4,492,100	4,672,000	4,747,000	4,912,300
Operating profit margin		2.94%	3.91%	5.39%	7.18%	8.43%	9.04%	9.09%	9.60%	10.07%	9.88%	9.52%	8.70%	7.42%	6.61%	6.30%	5.84%	5.02%	4.52%	4.38%	5.05%

June 30, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $157,700K ÷ $5,359,400K
= 2.94%

Schneider National Inc's operating profit margin has experienced fluctuations over the past few quarters. The operating profit margin decreased from 5.05% in September 2019 to 2.94% in June 2024. This decline indicates a decrease in the company's ability to generate profits from its core operations.

The trend shows a gradual decline in operating profit margin from 2019 to 2024, with some fluctuations in between. While the operating profit margin was relatively stable around the 9% range in 2021 and the early part of 2022, it started to trend downwards thereafter. This suggests potential challenges in managing operating expenses or maintaining pricing strategies to sustain profitability levels.

Overall, Schneider National Inc may need to focus on improving operational efficiencies, cost control measures, or revenue enhancement strategies to reverse the declining trend in its operating profit margin and enhance overall profitability in the future.