TRI Pointe Homes Inc (TPH)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 3,617,610 | 746,516 | 605,040 | 366,506 | 253,859 |
| Revenue | US$ in thousands | 3,715,200 | 4,348,530 | 3,982,240 | 3,260,450 | 3,083,020 |
| Operating profit margin | 97.37% | 17.17% | 15.19% | 11.24% | 8.23% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $3,617,610K ÷ $3,715,200K
= 97.37%
Tri Pointe Homes Inc.'s operating profit margin has shown variability over the past five years, ranging from 8.27% in 2019 to 17.73% in 2022. In 2023, the operating profit margin decreased to 11.52%. Generally, a higher operating profit margin indicates that the company is effectively controlling its operating expenses relative to revenue. A declining trend in the operating profit margin may suggest increased costs or reduced revenue efficiency. Tri Pointe Homes Inc. should analyze the factors contributing to this margin contraction to maintain profitability and operational efficiency in the future.
Peer comparison
Dec 31, 2023