SPX Corp (SPXC)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 308,300 | 221,900 | 51,000 | 73,700 | 132,000 |
| Revenue | US$ in thousands | 1,983,900 | 1,741,200 | 1,460,900 | 1,219,500 | 1,559,500 |
| Operating profit margin | 15.54% | 12.74% | 3.49% | 6.04% | 8.46% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $308,300K ÷ $1,983,900K
= 15.54%
The operating profit margin of SPX Corp has shown variability in recent years. It decreased from 8.46% in December 31, 2020, to 6.04% by December 31, 2021, further dropping to 3.49% by December 31, 2022. However, there was a significant improvement in the margin by December 31, 2023, reaching 12.74%, and a notable increase to 15.54% by December 31, 2024. This fluctuation may indicate changes in the company's cost structure, revenue generation, efficiency, or pricing strategies over the analyzed period. Further investigation into the factors influencing these fluctuations could provide insights into the company's operational performance and potential areas for improvement.
Peer comparison
Dec 31, 2024