Taylor Morn Home (TMHC)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,133,740 | 1,084,370 | 1,392,410 | 859,099 | 467,497 |
| Revenue | US$ in thousands | 8,168,140 | 7,417,830 | 8,224,920 | 7,501,260 | 6,129,320 |
| Operating profit margin | 13.88% | 14.62% | 16.93% | 11.45% | 7.63% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,133,740K ÷ $8,168,140K
= 13.88%
The operating profit margin of Taylor Morn Home has shown a positive trend over the past five years, demonstrating the company's improving operational efficiency and profitability. The margin increased from 7.63% as of December 31, 2020, to 13.88% as of December 31, 2024. This indicates that the company has been able to effectively control its operating expenses relative to its revenue, resulting in a higher proportion of revenue translating into operating profit. The peak operating profit margin of 16.93% as of December 31, 2022, highlights a period of strong performance, while the slight dip in the following years suggests some fluctuations in operational efficiency. Overall, the consistent growth in operating profit margin reflects Taylor Morn Home's ability to optimize its operations and enhance profitability over the years.
Peer comparison
Dec 31, 2024