Woodward Inc (WWD)
Operating profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 36,889 | 21,705 | 4,568 | -84,432 | -139,007 | -147,262 | -174,605 | -104,740 | -99,105 | -96,346 | -96,933 | -80,815 | -64,012 | 478,892 | 409,449 | 433,118 | 403,896 | 583,967 | 680,840 | 641,011 |
| Revenue (ttm) | US$ in thousands | 3,311,919 | 3,214,747 | 3,156,401 | 3,033,346 | 2,865,507 | 2,731,573 | 2,548,442 | 2,427,467 | 2,353,549 | 2,281,598 | 2,224,172 | 2,218,179 | 2,214,167 | 2,184,932 | 2,152,575 | 2,292,043 | 2,474,487 | 2,679,760 | 2,904,004 | 2,938,143 |
| Operating profit margin | 1.11% | 0.68% | 0.14% | -2.78% | -4.85% | -5.39% | -6.85% | -4.31% | -4.21% | -4.22% | -4.36% | -3.64% | -2.89% | 21.92% | 19.02% | 18.90% | 16.32% | 21.79% | 23.44% | 21.82% |
September 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $36,889K ÷ $3,311,919K
= 1.11%
Woodward Inc's operating profit margin has shown significant variability over the past few quarters. The trend indicates fluctuations in the company's ability to generate profits from its core operations.
In recent quarters, the operating profit margin has been on a declining trend, with negative margins reported in Dec 31, 2023, and Sep 30, 2023. This suggests challenges in managing costs and expenses relative to revenue during those periods.
However, the company experienced a notable turnaround in operating performance in the most recent quarters of Sep 30, 2024, and Jun 30, 2024, with positive operating profit margins of 1.11% and 0.68% respectively. This suggests potential improvements in cost management or revenue generation strategies.
It is essential for Woodward Inc to closely monitor and analyze the factors influencing its operating profit margin to sustain positive performance and address any underlying issues affecting profitability.