Akamai Technologies Inc (AKAM)
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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 637,338 | 620,027 | 604,336 | 629,593 | 676,274 | 704,884 | 749,711 | 774,103 | 783,148 | 721,680 | 697,573 | 688,568 | 658,534 | 659,239 | 621,370 | 566,723 | 548,918 | 533,884 | 507,132 | 428,467 |
| Revenue (ttm) | US$ in thousands | 3,826,238 | 3,733,857 | 3,652,471 | 3,620,307 | 3,608,242 | 3,585,821 | 3,548,899 | 3,483,286 | 3,407,208 | 3,348,137 | 3,281,469 | 3,224,148 | 3,146,371 | 3,072,207 | 2,995,310 | 2,915,391 | 2,862,686 | 2,803,926 | 2,760,364 | 2,716,372 |
| Operating profit margin | 16.66% | 16.61% | 16.55% | 17.39% | 18.74% | 19.66% | 21.13% | 22.22% | 22.99% | 21.55% | 21.26% | 21.36% | 20.93% | 21.46% | 20.74% | 19.44% | 19.17% | 19.04% | 18.37% | 15.77% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $637,338K ÷ $3,826,238K
= 16.66%
The operating profit margin of Akamai Technologies Inc has shown a consistent downward trend over the past eight quarters. It decreased from 22.31% in Q1 2022 to 18.21% in Q4 2023. This indicates that the company's ability to generate profits from its core operations has been declining gradually. Factors contributing to this decrease could include rising operating costs, competitive pressures, or changes in the company's revenue mix. It is important for Akamai Technologies Inc to closely monitor and address the factors influencing its operating profit margin to ensure long-term profitability and sustainable growth.
Peer comparison
Dec 31, 2023