Interface Inc (TILE)
Operating profit margin
| 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 | Jul 5, 2020 | Apr 5, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 104,522 | 54,781 | 51,838 | 57,455 | 75,398 | 123,917 | 120,652 | 115,351 | 104,797 | 91,817 | 82,922 | 71,091 | -39,287 | -32,289 | -4,495 | 21,004 | 130,903 | 106,858 | 78,967 | 69,778 |
| Revenue (ttm) | US$ in thousands | 1,237,937 | 1,242,993 | 1,260,160 | 1,278,311 | 1,263,671 | 1,272,814 | 1,257,784 | 1,205,865 | 1,170,717 | 1,102,204 | 1,075,866 | 1,047,874 | 1,090,039 | 1,165,797 | 1,228,930 | 1,320,123 | 1,322,849 | 1,320,426 | 1,292,124 | 1,225,053 |
| Operating profit margin | 8.44% | 4.41% | 4.11% | 4.49% | 5.97% | 9.74% | 9.59% | 9.57% | 8.95% | 8.33% | 7.71% | 6.78% | -3.60% | -2.77% | -0.37% | 1.59% | 9.90% | 8.09% | 6.11% | 5.70% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $104,522K ÷ $1,237,937K
= 8.44%
Interface Inc.'s operating profit margin has shown a decreasing trend over the past year, declining from 8.75% in Q4 2022 to 8.09% in Q4 2023. This indicates that the company's ability to generate profits from its core operations has weakened. However, despite the decline, the operating profit margins in Q4 2023 remain above 6%, signaling that the company is still effectively managing its operating costs relative to its revenues. It would be important to further investigate the factors contributing to the decrease in operating profit margin to determine if it is a temporary fluctuation or a more concerning trend.
Peer comparison
Dec 31, 2023