Spire Inc (SR)

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	488,300	464,600	445,900	407,600	418,600	572,700	598,600	583,500	528,600	473,700	469,000	481,200	518,800	423,600	283,900	237,000	206,400	180,700	300,500	299,500
Revenue (ttm)	US$ in thousands	2,542,400	2,510,800	2,468,500	2,416,200	2,524,200	2,541,800	2,588,700	2,365,900	2,078,700	2,060,900	1,943,100	2,168,800	2,128,900	2,093,600	2,087,400	1,696,600	1,749,900	1,748,800	1,775,400	1,890,600
Operating profit margin		19.21%	18.50%	18.06%	16.87%	16.58%	22.53%	23.12%	24.66%	25.43%	22.99%	24.14%	22.19%	24.37%	20.23%	13.60%	13.97%	11.79%	10.33%	16.93%	15.84%

September 30, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $488,300K ÷ $2,542,400K
= 19.21%

The operating profit margin of Spire Inc has exhibited some fluctuations over the historical period analyzed. The company's operating profit margin ranged from a low of 10.33% in December 2019 to a high of 25.43% in September 2022. In the most recent quarter ending September 30, 2024, the operating profit margin stood at 19.21%.

Overall, the trend in operating profit margin shows some variability, with periods of improvement followed by slight declines. It is important for Spire Inc to consistently monitor and manage its operating expenses and revenue generation to maintain and improve its operating profit margin over time.