Smurfit WestRock plc (SW)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,251,000 | 1,439,000 | 1,073,000 | 891,000 |
| Revenue | US$ in thousands | 11,272,000 | 12,815,000 | 10,107,000 | 8,530,000 |
| Operating profit margin | 11.10% | 11.23% | 10.62% | 10.45% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,251,000K ÷ $11,272,000K
= 11.10%
The operating profit margin of Smurfit WestRock plc has shown a relatively stable trend over the past four years, ranging from 10.45% in 2020 to 11.23% in 2022. In the most recent year, as of December 31, 2023, the operating profit margin stood at 11.10%. This indicates that the company is effectively managing its operating expenses relative to its revenue generation.
The consistency in the operating profit margin over the years suggests that Smurfit WestRock plc has been able to maintain a good level of operational efficiency and cost control. A stable operating profit margin is a positive indicator of the company's ability to generate profits from its core business activities. However, analysts may further investigate the company's strategies for sustainable growth and potential areas for margin improvement.
Peer comparison
Dec 31, 2023