Standex International Corporation (SXI)
Operating profit margin
| 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 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 101,738 | 103,067 | 169,742 | 171,716 | 171,089 | 161,836 | 97,789 | 91,756 | 88,294 | 91,493 | 72,673 | 67,638 | 59,164 | 46,872 | 58,131 | 59,032 | 60,529 | 69,823 | 69,762 | 72,330 |
| Revenue (ttm) | US$ in thousands | 718,614 | 725,709 | 793,464 | 802,306 | 797,947 | 794,463 | 737,484 | 735,444 | 729,921 | 721,675 | 689,907 | 660,406 | 636,318 | 603,067 | 633,831 | 669,734 | 716,376 | 783,267 | 813,001 | 841,914 |
| Operating profit margin | 14.16% | 14.20% | 21.39% | 21.40% | 21.44% | 20.37% | 13.26% | 12.48% | 12.10% | 12.68% | 10.53% | 10.24% | 9.30% | 7.77% | 9.17% | 8.81% | 8.45% | 8.91% | 8.58% | 8.59% |
June 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $101,738K ÷ $718,614K
= 14.16%
The operating profit margin of Standex International Corporation has exhibited some fluctuations over the past few quarters. The trend shows a gradual increase from the first quarter of 2020 to the fourth quarter of 2020. However, there was a decrease in the first quarter of 2021, followed by a slight recovery in the second quarter of 2021.
Subsequently, there was a notable increase in the operating profit margin in the third and fourth quarters of 2021. This positive trend continued into the first quarter of 2022, with a further increase documented. However, the second quarter of 2022 saw a slight decrease in the operating profit margin.
On the whole, there was a general upward trend from the second quarter of 2022 to the second quarter of 2023, with the operating profit margin showing incremental improvements. The margin peaked in the third quarter of 2023 and the trend was relatively stable until the first quarter of 2024 before a slight decline was observed in the second quarter of 2024.
Overall, Standex International Corporation's operating profit margin has shown a mix of fluctuations and improvements in recent quarters, reflecting the company's ability to effectively manage its operating expenses and generate profits from its core business activities.
Peer comparison
Jun 30, 2024