Wolverine World Wide Inc (WWW)
Operating profit margin
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 83,800 | -142,900 | -150,800 | -110,500 | -68,200 | 92,700 | 123,100 | 154,900 | 129,200 | 146,500 | 131,300 | 117,200 | 155,700 | -39,700 | -39,600 | -95,900 | -137,100 | 61,800 | 87,500 | 135,500 |
| Revenue (ttm) | US$ in thousands | 1,755,000 | 1,787,000 | 1,874,500 | 2,038,400 | 2,242,900 | 2,381,200 | 2,544,900 | 2,669,400 | 2,684,800 | 2,655,400 | 2,600,700 | 2,519,000 | 2,414,900 | 2,288,900 | 2,145,300 | 1,862,500 | 1,791,100 | 1,888,900 | 1,970,100 | 2,189,600 |
| Operating profit margin | 4.77% | -8.00% | -8.04% | -5.42% | -3.04% | 3.89% | 4.84% | 5.80% | 4.81% | 5.52% | 5.05% | 4.65% | 6.45% | -1.73% | -1.85% | -5.15% | -7.65% | 3.27% | 4.44% | 6.19% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $83,800K ÷ $1,755,000K
= 4.77%
The operating profit margin of Wolverine World Wide Inc has exhibited fluctuations over the period from March 31, 2020, to December 31, 2024. The margin started at 6.19% in March 2020, gradually decreasing to -7.65% by December 2020. However, there was a significant improvement by the end of December 2021, with a margin of 6.45%.
Subsequently, the operating profit margin fluctuated around the positive range up to September 2022, with a peak of 5.52%. However, there was a slight decrease in the following quarters, and by December 2023, the margin turned negative at -3.04%. This negative trend continued into the first half of 2024, reaching a low of -8.04% in June 2024.
By the end of December 2024, the operating profit margin improved significantly to 4.77%. Overall, Wolverine World Wide Inc experienced both positive and negative trends in its operating profit margin over the analyzed period, indicating fluctuations in the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024