Visteon Corp (VC)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 57,000 | -1,000 | -117,000 | -216,000 | -214,000 |
| Revenue | US$ in thousands | 3,954,000 | 3,756,000 | 2,773,000 | 2,548,000 | 2,945,000 |
| Operating profit margin | 1.44% | -0.03% | -4.22% | -8.48% | -7.27% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $57,000K ÷ $3,954,000K
= 1.44%
The operating profit margin of Visteon Corp., a key indicator of operational efficiency and profitability, has shown improvement over the past five years. The margin increased from 3.50% in 2019 to 6.83% in 2023, reflecting a positive trend in the company's ability to control costs and generate profit from its core business operations. This upward trajectory indicates that Visteon has been able to enhance its operational performance and profitability over the years, which may be attributed to various factors such as cost management, revenue growth, and operational efficiency measures implemented by the company. Overall, the improving trend in Visteon's operating profit margin signifies positive developments in the company's financial performance and operational effectiveness.
Peer comparison
Dec 31, 2023