Interface Inc (TILE)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 134,406 | 104,522 | 109,991 | 104,797 | 66,456 |
| Revenue | US$ in thousands | 1,315,660 | 1,261,500 | 1,297,920 | 1,200,400 | 1,103,260 |
| Operating profit margin | 10.22% | 8.29% | 8.47% | 8.73% | 6.02% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $134,406K ÷ $1,315,660K
= 10.22%
Interface Inc's operating profit margin has shown a positive trend over the past five years, increasing from 6.02% on December 31, 2020, to 10.22% on December 31, 2024. This indicates that the company has been able to effectively control its operating expenses in relation to its revenues, leading to a higher percentage of operating profit relative to sales. The consistent improvement in the operating profit margin reflects the company's ability to enhance operational efficiency and profitability over the years. From 2020 to 2024, Interface Inc has demonstrated a commendable ability to generate more operating income for each dollar of sales, which is a positive indicator of its financial performance and management effectiveness.
Peer comparison
Dec 31, 2024