Zurn Elkay Water Solutions Corporation (ZWS)
Operating profit margin
| Sep 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 216,300 | 200,900 | 191,400 | 178,400 | 108,200 | 106,900 | 107,100 | 100,500 | 143,100 | 126,900 | 107,000 | 166,200 | 199,700 | 250,400 | 304,000 | 320,100 | 334,300 | 327,500 | 320,800 | 313,700 |
| Revenue (ttm) | US$ in thousands | 1,549,900 | 1,532,800 | 1,530,500 | 1,502,500 | 1,523,700 | 1,409,800 | 1,282,100 | 1,140,500 | 1,277,000 | 1,554,600 | 1,834,900 | 2,100,000 | 1,989,500 | 2,024,100 | 1,984,100 | 2,011,200 | 2,068,300 | 2,083,700 | 2,081,800 | 2,078,700 |
| Operating profit margin | 13.96% | 13.11% | 12.51% | 11.87% | 7.10% | 7.58% | 8.35% | 8.81% | 11.21% | 8.16% | 5.83% | 7.91% | 10.04% | 12.37% | 15.32% | 15.92% | 16.16% | 15.72% | 15.41% | 15.09% |
September 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $216,300K ÷ $1,549,900K
= 13.96%
The operating profit margin of Zurn Elkay Water Solutions Corporation has exhibited fluctuations over the past quarters. The trend shows that the operating profit margin has generally been in the double-digit range, indicating a healthy level of profitability.
Starting from September 2019, the operating profit margin was around 15.09%, and it gradually increased to reach its peak at 16.16% by March 2020. However, there was a slight decline in the following quarter before experiencing a significant drop to 5.83% by March 2022. This decrease may raise concerns about the company's operational efficiency and cost management during that period.
Subsequently, there was a noticeable recovery in the operating profit margin, reaching 13.11% by March 2024. The latest data point for September 2024 indicates an operating profit margin of 13.96%, showing a positive trend over the last few quarters.
Overall, the operating profit margin of Zurn Elkay Water Solutions Corporation has shown variability but generally remains robust, with efforts to improve operational performance evident in the recent quarters. It would be essential for the company to continue monitoring and managing its operational costs effectively to sustain and potentially enhance its profitability levels in the future.
Peer comparison
Sep 30, 2024