Transdigm Group Incorporated (TDG)
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 | 3,531,000 | 3,444,000 | 3,293,000 | 3,121,000 | 2,924,000 | 2,709,000 | 2,525,000 | 2,350,000 | 2,215,000 | 2,109,000 | 1,957,000 | 1,831,000 | 1,691,000 | 1,468,000 | 1,307,000 | 1,505,000 | 1,750,000 | 2,052,000 | 2,189,000 | 2,065,000 |
| Revenue (ttm) | US$ in thousands | 7,940,000 | 7,606,000 | 7,304,000 | 6,977,000 | 6,585,000 | 6,243,000 | 5,897,000 | 5,632,000 | 5,429,000 | 5,198,000 | 5,018,000 | 4,885,000 | 4,799,000 | 4,693,000 | 4,497,000 | 4,746,000 | 5,103,000 | 5,471,000 | 5,970,000 | 5,695,000 |
| Operating profit margin | 44.47% | 45.28% | 45.08% | 44.73% | 44.40% | 43.39% | 42.82% | 41.73% | 40.80% | 40.57% | 39.00% | 37.48% | 35.24% | 31.28% | 29.06% | 31.71% | 34.29% | 37.51% | 36.67% | 36.26% |
September 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $3,531,000K ÷ $7,940,000K
= 44.47%
Transdigm Group Incorporated has shown a consistent improvement in its operating profit margin over the past few quarters, with the margin increasing from 36.26% in December 2019 to 44.47% in September 2024. This indicates that the company has been effectively managing its operating expenses relative to its revenues. The trend of increasing operating profit margin demonstrates the company's ability to generate more profit from its operations, which can be a positive sign for investors and stakeholders. Overall, the steady improvement in the operating profit margin suggests that Transdigm Group Incorporated has been successful in enhancing its operational efficiency and profitability over the analyzed period.