Valvoline Inc (VVV)
Operating profit margin
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 367,200 | 247,200 | 220,300 | 240,100 | 160,200 |
Revenue | US$ in thousands | 1,653,900 | 1,440,900 | 1,232,700 | 2,945,000 | 2,375,000 |
Operating profit margin | 22.20% | 17.16% | 17.87% | 8.15% | 6.75% |
September 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $367,200K ÷ $1,653,900K
= 22.20%
The operating profit margin of Valvoline Inc has shown a positive trend over the past five years, indicating improving operational efficiency and profitability. There was a significant increase in the operating profit margin from 6.75% in 2020 to 22.20% in 2024, demonstrating a strong performance in generating profits from its core business operations. This improvement suggests that the company has been able to effectively control its operating expenses and enhance its revenue generation capabilities. Overall, the rising trend in operating profit margin reflects positive financial management and operational effectiveness within Valvoline Inc.
Peer comparison
Sep 30, 2024