UFP Technologies Inc (UFPT)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 80,897 | 57,664 | 55,400 | 21,218 | 16,732 |
| Revenue | US$ in thousands | 505,715 | 398,082 | 374,929 | 206,246 | 178,831 |
| Operating profit margin | 16.00% | 14.49% | 14.78% | 10.29% | 9.36% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $80,897K ÷ $505,715K
= 16.00%
UFP Technologies Inc's operating profit margin has shown a positive trend over the past five years, starting at 9.36% on December 31, 2020, and steadily increasing to 16.00% by December 31, 2024. This indicates an improvement in the company's ability to generate profits from its core operations while controlling operating expenses. The consistent growth in operating profit margin reflects efficient cost management and potentially increasing profitability from operations. Overall, the trend suggests that UFP Technologies Inc has been increasingly effective in translating its revenues into operating profits over the analyzed period.
Peer comparison
Dec 31, 2024