Woodward Inc (WWD)
Operating profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -139,007 | -99,105 | -64,012 | -132,914 | -30,926 |
| Revenue | US$ in thousands | 2,865,510 | 2,353,550 | 2,214,170 | 2,467,570 | 2,857,210 |
| Operating profit margin | -4.85% | -4.21% | -2.89% | -5.39% | -1.08% |
September 30, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $-139,007K ÷ $2,865,510K
= -4.85%
Woodward Inc's operating profit margin has exhibited fluctuations over the past five years, ranging from 9.46% in 2023 to 11.63% in 2019. The declining trend from 2019 to 2023 indicates a decreasing ability to generate profits from its core operations. Factors contributing to this trend may include changes in expenses relative to revenue, shifts in sales mix, or variations in pricing strategies. Further analysis of the company's cost structure and revenue sources would yield insights into the dynamics underlying these shifts in operating profit margin.