UFP Technologies Inc (UFPT)
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 | 80,897 | 71,375 | 61,656 | 60,747 | 57,664 | 55,803 | 66,723 | 61,880 | 55,399 | 49,158 | 28,270 | 22,278 | 21,218 | 21,521 | 20,169 | 16,956 | 16,731 | 18,540 | 20,953 | 24,531 |
| Revenue (ttm) | US$ in thousands | 504,413 | 461,841 | 416,527 | 405,191 | 397,074 | 386,813 | 383,088 | 384,042 | 358,074 | 323,180 | 277,782 | 228,683 | 206,351 | 195,161 | 187,703 | 179,327 | 179,009 | 184,116 | 190,075 | 198,959 |
| Operating profit margin | 16.04% | 15.45% | 14.80% | 14.99% | 14.52% | 14.43% | 17.42% | 16.11% | 15.47% | 15.21% | 10.18% | 9.74% | 10.28% | 11.03% | 10.75% | 9.46% | 9.35% | 10.07% | 11.02% | 12.33% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $80,897K ÷ $504,413K
= 16.04%
The operating profit margin of UFP Technologies Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The margin started at 12.33% in March 2020 and experienced a gradual decline reaching its lowest point of 9.35% by December 31, 2020. However, from March 31, 2021, to June 30, 2022, the margin showed some improvement, fluctuating between 9.46% and 10.75%.
Notably, there was a significant increase in operating profit margin starting from September 30, 2022, when it rose to 15.21%, and continued to increase reaching its peak of 16.04% by December 31, 2024. This improvement in operating profit margin suggests that the company's operational efficiency and profitability have strengthened during this period.
The company's ability to manage its operating expenses while increasing revenues appears to have positively impacted its profitability, as indicated by the rising trend in the operating profit margin. Further monitoring of this ratio will be crucial to assess and validate the company's sustainable growth and profitability prospects.
Peer comparison
Dec 31, 2024