Xpel Inc (XPEL)
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 | 59,147 | 61,026 | 60,268 | 61,273 | 66,975 | 63,596 | 63,274 | 58,832 | 53,937 | 51,621 | 44,681 | 41,604 | 40,115 | 38,918 | 36,965 | 29,433 | 23,370 | 21,012 | 18,267 | 17,098 |
| Revenue (ttm) | US$ in thousands | 420,400 | 418,411 | 408,236 | 400,556 | 396,294 | 369,237 | 356,318 | 337,971 | 323,993 | 315,644 | 294,415 | 279,261 | 259,263 | 237,738 | 215,332 | 182,402 | 158,924 | 149,812 | 139,307 | 133,595 |
| Operating profit margin | 14.07% | 14.59% | 14.76% | 15.30% | 16.90% | 17.22% | 17.76% | 17.41% | 16.65% | 16.35% | 15.18% | 14.90% | 15.47% | 16.37% | 17.17% | 16.14% | 14.71% | 14.03% | 13.11% | 12.80% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $59,147K ÷ $420,400K
= 14.07%
The operating profit margin of Xpel Inc has shown fluctuating trends over the period from March 31, 2020, to December 31, 2024. The margin started at 12.80% in March 2020 and gradually increased to reach its peak at 17.76% in June 30, 2023. However, from September 2023 to December 2024, there was a slight decline in the operating profit margin, dropping to 14.07% by the end of December 2024.
Overall, the company's operating profit margin demonstrates the ability of Xpel Inc to efficiently manage its operating expenses relative to its operating revenue, though there are some fluctuations in performance over the analyzed period. This metric is crucial in assessing the company's profitability and operational efficiency, indicating its ability to generate profit from core business operations. Further analysis may be necessary to understand the factors driving the changes in the operating profit margin trend.