Ducommun: Robust Air Travel Demand And Defence Backlog

Synopsis Historical Financial Analysis Author's Chart Margins 25.0% 21.0% 20.0% 15.0% 10.0% 5.6% 5.0% 0.0% Operating income margin Adjusted operating Net income margin Adiusted net income margin margin 2021 = 2022 2023 Author's Chart In 2023, the net income margin fell from 4% to 2.1%. The decrease was due to higher SG&A, interest expense, and restructuring charges but was partially offied by gross profit margin expansion. On an adjusted bxsis, the adjusted net income margin contraction is slightly less, as ...