Xpel Inc (XPEL)
Operating profit margin
| 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 | 66,975 | 63,596 | 63,274 | 58,832 | 53,938 | 51,621 | 44,681 | 41,604 | 40,114 | 38,918 | 36,965 | 29,433 | 23,370 | 21,012 | 18,267 | 17,098 |
| Revenue (ttm) | US$ in thousands | 395,362 | 367,671 | 354,472 | 335,716 | 322,032 | 313,502 | 292,841 | 278,485 | 258,608 | 237,501 | 215,221 | 182,193 | 158,356 | 149,325 | 138,728 | 133,070 |
| Operating profit margin | 16.94% | 17.30% | 17.85% | 17.52% | 16.75% | 16.47% | 15.26% | 14.94% | 15.51% | 16.39% | 17.18% | 16.15% | 14.76% | 14.07% | 13.17% | 12.85% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $66,975K ÷ $395,362K
= 16.94%
The operating profit margin for XPEL Inc has demonstrated a generally positive trend over the past eight quarters. The margin has ranged from 14.90% to 17.76%, showing consistency and stability in the company's operational efficiency. There was a slight dip in Q3 2022 compared to the previous and subsequent quarters, but overall, the company has managed to maintain healthy levels of operating profitability. The most recent quarter (Q4 2023) recorded an operating profit margin of 16.90%, indicating a solid operational performance. This trend suggests that XPEL Inc has been effectively managing its operating costs and generating profits from its core business activities.