Triumph Group Inc (TGI)
Operating profit margin
| 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 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 108,825 | 120,164 | 124,086 | 221,974 | 226,684 | 209,330 | 213,894 | 98,179 | 104,277 | 19,268 | -43,898 | -52,927 | -326,151 | -320,241 | -283,611 | -229,996 | 57,907 | -90,988 | -109,582 | -172,620 |
| Revenue (ttm) | US$ in thousands | 1,192,043 | 1,158,914 | 1,135,621 | 1,158,543 | 1,244,104 | 1,305,297 | 1,362,884 | 1,412,680 | 1,459,942 | 1,540,124 | 1,646,869 | 1,771,288 | 1,869,719 | 2,095,996 | 2,374,668 | 2,664,963 | 2,900,117 | 3,076,034 | 3,179,263 | 3,262,261 |
| Operating profit margin | 9.13% | 10.37% | 10.93% | 19.16% | 18.22% | 16.04% | 15.69% | 6.95% | 7.14% | 1.25% | -2.67% | -2.99% | -17.44% | -15.28% | -11.94% | -8.63% | 2.00% | -2.96% | -3.45% | -5.29% |
March 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $108,825K ÷ $1,192,043K
= 9.13%
Triumph Group Inc's operating profit margin has exhibited fluctuations over the past several quarters. The operating profit margin peaked at 19.16% in the second quarter of 2023, indicating strong operational efficiency and profitability during that period. However, the margin declined in subsequent quarters, reaching a low of -17.44% in the first quarter of 2021, reflecting challenges in managing operating expenses relative to revenues.
In the most recent quarter ending March 31, 2024, Triumph Group Inc's operating profit margin stood at 9.13%, which indicates a moderate level of profitability relative to net sales. While this marks an improvement from previous quarters, it remains below the peak levels observed in mid-2023.
Overall, the fluctuation in Triumph Group Inc's operating profit margin suggests variability in the company's ability to control costs, generate revenue, and optimize operational efficiency. Continuous monitoring and analysis of these margins will be essential to assess the company's financial performance and strategic direction.
Peer comparison
Mar 31, 2024