ANSYS Inc (ANSS)

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	626,135	553,236	606,804	639,190	592,658	571,405	555,649	544,412	513,271	533,814	516,271	512,305	496,356	422,681	437,643	453,464	515,040	509,260	497,237	477,162
Revenue (ttm)	US$ in thousands	2,269,949	2,158,956	2,172,672	2,149,923	2,065,553	2,027,105	1,995,762	1,968,566	1,906,715	1,874,734	1,800,531	1,739,538	1,681,297	1,543,839	1,520,773	1,503,747	1,515,892	1,445,096	1,390,615	1,327,893
Operating profit margin		27.58%	25.63%	27.93%	29.73%	28.69%	28.19%	27.84%	27.66%	26.92%	28.47%	28.67%	29.45%	29.52%	27.38%	28.78%	30.16%	33.98%	35.24%	35.76%	35.93%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $626,135K ÷ $2,269,949K
= 27.58%

The operating profit margin of Ansys Inc. has shown some fluctuations over the past eight quarters. In Q1 2023, the operating profit margin was at its highest, reaching 29.73%. This was followed by a slight decrease in Q2 2023 to 27.93%, before increasing again in Q3 2023 to 25.63%. In the most recent quarter, Q4 2023, the operating profit margin improved to 27.58%.

Overall, Ansys Inc. has maintained a relatively stable operating profit margin, generally ranging between 25% and 30% over the past two years. This indicates that the company has been able to efficiently control its operating expenses and generate profits from its core business activities. However, the fluctuations in the operating profit margin highlight the importance of monitoring and managing operational efficiency to ensure continued financial stability and growth.