YETI Holdings Inc (YETI)
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 | 245,376 | 261,024 | 253,266 | 236,177 | 225,458 | 83,564 | 90,154 | 108,169 | 126,361 | 263,838 | 264,100 | 268,179 | 274,938 | 262,629 | 264,012 | 238,120 | 214,233 | 144,789 | 108,682 | 97,149 |
| Revenue (ttm) | US$ in thousands | 1,829,873 | 1,803,126 | 1,758,247 | 1,697,311 | 1,658,713 | 1,586,916 | 1,586,911 | 1,604,390 | 1,595,222 | 1,590,351 | 1,519,438 | 1,457,063 | 1,410,989 | 1,343,632 | 1,275,592 | 1,164,863 | 1,091,721 | 1,013,555 | 948,077 | 932,793 |
| Operating profit margin | 13.41% | 14.48% | 14.40% | 13.91% | 13.59% | 5.27% | 5.68% | 6.74% | 7.92% | 16.59% | 17.38% | 18.41% | 19.49% | 19.55% | 20.70% | 20.44% | 19.62% | 14.29% | 11.46% | 10.41% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $245,376K ÷ $1,829,873K
= 13.41%
YETI Holdings Inc's operating profit margin has shown fluctuations over the past several quarters. Starting at 10.41% in March 2020, the margin increased steadily to reach a peak of 20.70% in June 2021. However, from that point onward, there was a gradual decline in the margin, which dropped to 13.41% by December 2024. This downward trend was most pronounced from March 2023 to September 2023, during which the margin more than halved from 13.91% to 5.27%. Despite the subsequent recovery in the margin, YETI Holdings Inc experienced a significant drop in profitability during this period. The company should closely monitor its operating expenses and revenue generation to sustain and improve its operating profit margin in the future.
Peer comparison
Dec 31, 2024