Ufp Industries Inc (UFPI)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 492,242 | 652,305 | 950,184 | 737,554 | 345,826 |
| Revenue | US$ in thousands | 6,652,310 | 7,218,380 | 9,626,740 | 8,636,130 | 5,154,000 |
| Operating profit margin | 7.40% | 9.04% | 9.87% | 8.54% | 6.71% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $492,242K ÷ $6,652,310K
= 7.40%
Ufp Industries Inc's operating profit margin has shown a fluctuating trend over the past five years. It increased from 6.71% as of December 31, 2020, to 8.54% by December 31, 2021, indicating improved operational efficiency and cost management. The margin surged further to 9.87% by December 31, 2022, reflecting potentially strong revenue growth or better control over operating expenses.
However, by December 31, 2023, the operating profit margin slightly declined to 9.04%, which may suggest some challenges in maintaining the previously achieved levels of profitability. Notably, by December 31, 2024, the margin decreased to 7.40%, potentially signaling a decrease in profitability, possibly due to factors such as higher costs or lower revenues.
Overall, Ufp Industries Inc's operating profit margin has demonstrated some volatility, with both increases and decreases observed over the years. It is essential for the company to assess the factors influencing these fluctuations to sustain and enhance its profitability in the future.