Woodward Inc (WWD)
Operating profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 59,855 | -139,007 | -99,105 | -64,012 | -132,914 |
| Revenue | US$ in thousands | 3,334,880 | 2,865,510 | 2,353,550 | 2,214,170 | 2,467,570 |
| Operating profit margin | 1.79% | -4.85% | -4.21% | -2.89% | -5.39% |
September 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $59,855K ÷ $3,334,880K
= 1.79%
Woodward Inc's operating profit margin has shown fluctuating performance over the past five years. In the most recent fiscal year ending September 30, 2024, the operating profit margin improved to 1.79%, indicating that the company generated $1.79 in operating profit for every $100 in net sales. This improvement is a positive sign compared to the negative margins reported in the previous years, such as -4.85% in 2023, -4.21% in 2022, -2.89% in 2021, and -5.39% in 2020.
The negative margins in the earlier years suggest that Woodward Inc faced challenges in effectively managing its operating costs relative to its revenue. The turnaround in 2024 indicates potential efficiency gains or strategic changes that have positively impacted the company's profitability.
Further analysis of Woodward Inc's operating profit margin trend over several more years would provide valuable insights into the company's operational efficiency and financial performance stability.