Taylor Morn Home (TMHC)
Operating profit margin
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,140,520 | 1,157,854 | 1,050,053 | 1,087,002 | 1,080,866 | 1,158,364 | 1,345,328 | 1,408,764 | 1,404,082 | 1,368,869 | 1,182,818 | 968,026 | 859,099 | 805,518 | 738,409 | 657,591 | 505,184 | 419,790 | 353,417 | 380,296 |
| Revenue (ttm) | US$ in thousands | 8,168,130 | 7,831,500 | 7,386,200 | 7,455,710 | 7,417,820 | 7,890,090 | 8,249,190 | 8,183,650 | 8,224,910 | 8,238,200 | 8,062,310 | 7,786,570 | 7,501,260 | 6,553,340 | 6,394,020 | 6,201,420 | 6,129,310 | 6,038,250 | 5,443,920 | 5,182,670 |
| Operating profit margin | 13.96% | 14.78% | 14.22% | 14.58% | 14.57% | 14.68% | 16.31% | 17.21% | 17.07% | 16.62% | 14.67% | 12.43% | 11.45% | 12.29% | 11.55% | 10.60% | 8.24% | 6.95% | 6.49% | 7.34% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,140,520K ÷ $8,168,130K
= 13.96%
The operating profit margin of Taylor Morn Home has shown fluctuations over the past few years, starting at 7.34% on March 31, 2020, and reaching a peak of 17.21% on March 31, 2023. From March 2023 onwards, the operating profit margin began to decline gradually, reaching 13.96% by December 31, 2024. This signifies that for every dollar of revenue generated, the company is retaining a smaller portion as operating profit in recent periods compared to the peak achieved in 2023. It would be advisable for the company to closely monitor its operating expenses and revenue generation strategies to maintain or improve its operating profit margin in the future.
Peer comparison
Dec 31, 2024