Standex International Corporation (SXI)
Operating profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 101,738 | 171,089 | 88,294 | 59,165 | 60,528 |
| Revenue | US$ in thousands | 720,909 | 797,947 | 729,921 | 636,329 | 604,535 |
| Operating profit margin | 14.11% | 21.44% | 12.10% | 9.30% | 10.01% |
June 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $101,738K ÷ $720,909K
= 14.11%
The operating profit margin of Standex International Corporation has fluctuated over the past five years. In Jun 2024, the operating profit margin was 14.11%, representing a decrease from 21.44% in Jun 2023. This decrease could indicate a decline in the company's ability to control operating expenses or generate sufficient revenue from its core operations during that period.
Comparing the operating profit margin to previous years, Standex International Corporation achieved a significant improvement in profitability in Jun 2023 compared to Jun 2022 when the margin was 12.10%. However, the margin was lower in Jun 2022 than in Jun 2021 when it stood at 9.30%. The company had a slight increase in profitability in Jun 2021 compared to Jun 2020 when the margin was 10.01%.
Overall, Standex International Corporation's operating profit margin has shown variability over the past five years, with fluctuations possibly influenced by changes in operating expenses, revenue generation, or other operational factors. Further analysis of the company's financial performance and operational efficiency may provide more insight into the underlying reasons for these fluctuations and potential implications for its future financial health.
Peer comparison
Jun 30, 2024