Wabash National Corporation (WNC)
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 | 311,949 | 308,571 | 283,809 | 216,407 | 166,642 | 90,298 | 55,686 | 42,462 | 33,542 | 62,203 | 52,348 | 35,663 | -85,608 | -63,868 | -34,007 | 7,532 | 142,786 | 133,783 | 112,027 | 110,530 |
| Revenue (ttm) | US$ in thousands | 2,536,500 | 2,597,849 | 2,620,171 | 2,576,320 | 2,502,129 | 2,323,957 | 2,151,373 | 1,958,026 | 1,803,268 | 1,728,069 | 1,597,087 | 1,486,818 | 1,481,889 | 1,656,812 | 1,886,136 | 2,173,036 | 2,319,136 | 2,350,331 | 2,322,496 | 2,309,133 |
| Operating profit margin | 12.30% | 11.88% | 10.83% | 8.40% | 6.66% | 3.89% | 2.59% | 2.17% | 1.86% | 3.60% | 3.28% | 2.40% | -5.78% | -3.85% | -1.80% | 0.35% | 6.16% | 5.69% | 4.82% | 4.79% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $311,949K ÷ $2,536,500K
= 12.30%
The operating profit margin of Wabash National Corp. has been showing a positive trend over the last eight quarters. The company's operating profit margin has steadily increased from 3.56% in Q1 2022 to 12.28% in Q4 2023. This indicates an improvement in the company's ability to generate profits from its core operations.
The increasing trend in operating profit margin reflects the company's effective cost management and operational efficiency. It suggests that Wabash National Corp. has been able to control its operating expenses while increasing its revenue, resulting in a higher proportion of revenue turning into operating profits.
The consistent improvement in operating profit margin over the quarters indicates that the company is on the right track in terms of profitability and operational performance. Investors and stakeholders may view this positively as a sign of the company's ability to effectively manage its operations and generate sustainable profits.
Overall, Wabash National Corp.'s operating profit margin trend reflects a favorable operational performance and a potentially strong financial position.