Simpson Manufacturing Company Inc (SSD)
Operating profit margin
| 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 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 475,150 | 482,334 | 464,936 | 452,991 | 459,065 | 477,390 | 455,194 | 423,846 | 367,792 | 310,188 | 300,912 | 271,396 | 252,363 | 249,516 | 219,140 | 200,581 | 181,254 | 163,473 | 162,184 | 169,964 |
| Revenue (ttm) | US$ in thousands | 2,207,715 | 2,177,144 | 2,150,806 | 2,146,344 | 2,106,837 | 2,054,135 | 1,897,115 | 1,714,148 | 1,566,618 | 1,445,325 | 1,412,952 | 1,328,784 | 1,265,192 | 1,242,584 | 1,188,145 | 1,167,566 | 1,142,046 | 1,123,770 | 1,098,420 | 1,100,807 |
| Operating profit margin | 21.52% | 22.15% | 21.62% | 21.11% | 21.79% | 23.24% | 23.99% | 24.73% | 23.48% | 21.46% | 21.30% | 20.42% | 19.95% | 20.08% | 18.44% | 17.18% | 15.87% | 14.55% | 14.77% | 15.44% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $475,150K ÷ $2,207,715K
= 21.52%
Simpson Manufacturing Co., Inc.'s operating profit margin has been relatively stable over the past eight quarters, ranging from a high of 24.98% in Q2 2022 to a low of 21.54% in Q1 2023. The company's operating profit margin in the most recent quarter, Q4 2023, was 21.66%, showing a slight decrease from the previous quarter's 22.34%.
Overall, Simpson Manufacturing Co., Inc. has maintained a healthy operating profit margin, indicating effective cost management and profitability in its operations. However, the slight downward trend in recent quarters may suggest potential areas for improvement in controlling operating expenses or enhancing revenue generation strategies to sustain or improve profitability levels in the future.
Peer comparison
Dec 31, 2023