ANGI Homeservices Inc (ANGI)
Operating profit margin
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 39,172 | 21,885 | 27,347 | 34,651 | 8,781 | -981 | -37,387 | -65,862 | -70,065 | -96,976 | -97,115 | -98,734 | -110,579 | -76,513 | -52,292 | -40,338 | 10,037 | -6,368 | 4,486 | 32,231 |
| Revenue (ttm) | US$ in thousands | 1,125,635 | 1,185,112 | 1,217,676 | 1,292,794 | 1,352,728 | 1,439,745 | 1,580,858 | 1,707,057 | 1,847,771 | 1,891,523 | 1,865,833 | 1,829,362 | 1,734,568 | 1,685,438 | 1,628,883 | 1,557,231 | 1,511,304 | 1,467,925 | 1,430,132 | 1,397,577 |
| Operating profit margin | 3.48% | 1.85% | 2.25% | 2.68% | 0.65% | -0.07% | -2.36% | -3.86% | -3.79% | -5.13% | -5.20% | -5.40% | -6.38% | -4.54% | -3.21% | -2.59% | 0.66% | -0.43% | 0.31% | 2.31% |
March 31, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $39,172K ÷ $1,125,635K
= 3.48%
The operating profit margin of ANGI Homeservices Inc has exhibited significant fluctuations over the analyzed period. During the fiscal year ending June 30, 2020, the margin was positive at 2.31%, indicating a modest level of operating profitability. This figure declined sharply in the subsequent quarter to 0.31%, and by the end of 2020, it turned negative at -0.43%, reflecting a deterioration in operating efficiency or increased costs relative to revenue.
Throughout 2021, the operating profit margin continued to trend downward, with losses deepening to -4.54% by December 31, 2021. The negative trajectory persisted into 2022, with the margin reaching as low as -6.38% on March 31, 2022. While the negative margins slightly narrowed throughout 2022 and the first quarter of 2023, they still remained in the negative territory, with the lowest at -6.38%, indicating persistent operational challenges.
In the period ending December 31, 2023, the margin approached near breakeven at -0.07%, signifying substantial improvement in operational profitability. This positive turn continued into 2024, with the margin turning positive at 0.65% on March 31, 2024, and significantly increasing to 2.68% by June 30, 2024. Throughout the second half of 2024, the margin remained positive, fluctuating slightly but maintaining an upward trend, reaching 3.48% by March 31, 2025.
Overall, the trend demonstrates a recovery from prolonged periods of operating losses, culminating in a return to profitability by early 2024. The data indicates that operational margins were severely pressured in 2021 and 2022 but have shown consistent improvement starting mid-2023, suggesting effective strategies or operational adjustments have contributed to enhanced profitability margins in recent periods.
Peer comparison
Mar 31, 2025