Visteon Corp (VC)

Operating profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Operating income (ttm)	US$ in thousands	53,000	81,000	47,000	26,000	-9,000	-27,000	-78,000	-118,000	-116,000	-199,000	-181,000	-208,000	-279,000	45,000	54,000	102,000	150,000	142,000	152,000	186,000
Revenue (ttm)	US$ in thousands	3,954,000	4,022,000	4,036,000	3,902,000	3,756,000	3,478,000	3,083,000	2,846,000	2,774,000	2,768,000	2,886,000	2,649,000	2,548,000	2,505,000	2,489,000	2,851,000	2,945,000	2,932,000	2,882,000	2,907,000
Operating profit margin		1.34%	2.01%	1.16%	0.67%	-0.24%	-0.78%	-2.53%	-4.15%	-4.18%	-7.19%	-6.27%	-7.85%	-10.95%	1.80%	2.17%	3.58%	5.09%	4.84%	5.27%	6.40%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $53,000K ÷ $3,954,000K
= 1.34%

Visteon Corp.'s operating profit margin has shown a fluctuating trend over the past eight quarters. The company's operating profit margin increased from 4.77% in Q4 2022 to 6.83% in Q4 2023, indicating improved operational efficiency and cost management during the most recent period.

Although there were fluctuations in the interim quarters, Visteon Corp. managed to maintain its operating profit margin above 5% for most periods, signaling a consistent level of profitability relative to revenues.

Overall, the upward trend in operating profit margin reflects the company's ability to control operating expenses and generate higher profitability from its core business operations over time. It will be essential for Visteon Corp. to sustain this positive momentum for future financial performance and shareholder value creation.