Trimble Inc (TRMB)
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 | 469,700 | 412,600 | 415,100 | 447,100 | 518,300 | 498,600 | 499,700 | 553,700 | 523,600 | 554,700 | 579,800 | 577,000 | 561,000 | 555,100 | 509,600 | 462,400 | 419,800 | 386,100 | 375,800 | 387,900 |
| Revenue (ttm) | US$ in thousands | 3,683,300 | 3,632,300 | 3,713,800 | 3,836,600 | 3,798,700 | 3,722,800 | 3,650,400 | 3,598,000 | 3,676,300 | 3,745,800 | 3,762,300 | 3,766,300 | 3,659,100 | 3,562,800 | 3,453,500 | 3,241,900 | 3,147,700 | 3,142,000 | 3,133,800 | 3,255,000 |
| Operating profit margin | 12.75% | 11.36% | 11.18% | 11.65% | 13.64% | 13.39% | 13.69% | 15.39% | 14.24% | 14.81% | 15.41% | 15.32% | 15.33% | 15.58% | 14.76% | 14.26% | 13.34% | 12.29% | 11.99% | 11.92% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $469,700K ÷ $3,683,300K
= 12.75%
The operating profit margin of Trimble Inc has shown fluctuations over the reported period, ranging from 11.18% to 15.58%. The trend indicates a gradual increase from March 2020 to September 2021, reaching a peak of 15.58%. However, there was a slight decline in the margin in the subsequent quarters. The margin dipped to 13.39% in September 2023, before recovering slightly to 13.64% by December 2023.
The operating profit margin saw a significant drop to 11.65% by March 2024, followed by a lower margin of 11.18% in June 2024. However, there was a noticeable improvement in profitability in the last quarter of 2024, with the margin increasing to 12.75%.
Overall, while the operating profit margin exhibited variability over the period analyzed, there were instances of both improvement and decline. It is important for Trimble Inc to closely monitor and manage its operating expenses and revenue generation to sustain profitability levels in the future.
Peer comparison
Dec 31, 2024