Tempur Sealy International Inc (TPX)
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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 607,200 | 632,400 | 650,200 | 635,300 | 680,600 | 784,300 | 833,100 | 912,500 | 912,300 | 854,700 | 785,100 | 615,200 | 532,100 | 423,500 | 363,900 | 391,500 | 346,700 | 320,000 | 284,100 | 261,100 |
| Revenue (ttm) | US$ in thousands | 4,925,400 | 4,942,300 | 4,948,500 | 4,889,800 | 4,921,200 | 5,093,400 | 5,168,400 | 5,126,500 | 4,930,800 | 4,628,200 | 4,402,200 | 3,898,300 | 3,676,900 | 3,491,200 | 3,179,900 | 3,237,500 | 3,106,000 | 2,910,800 | 2,819,300 | 2,766,200 |
| Operating profit margin | 12.33% | 12.80% | 13.14% | 12.99% | 13.83% | 15.40% | 16.12% | 17.80% | 18.50% | 18.47% | 17.83% | 15.78% | 14.47% | 12.13% | 11.44% | 12.09% | 11.16% | 10.99% | 10.08% | 9.44% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $607,200K ÷ $4,925,400K
= 12.33%
Tempur Sealy International Inc's operating profit margin has shown a downward trend over the past eight quarters, declining from 17.20% in Q1 2022 to 11.86% in Q4 2023. This indicates that the company's ability to generate profit from its core operations has weakened over time. Factors contributing to this decline could include increasing costs, pricing pressures, or changes in product mix. The company may need to focus on improving operational efficiency and cost management to reverse this trend and enhance profitability in the future.
Peer comparison
Dec 31, 2023
Company name
Symbol
Operating profit margin
Tempur Sealy International Inc
TPX
12.33%
La-Z-Boy Incorporated
LZB
7.37%
Leggett & Platt Incorporated
LEG
-2.29%