ASGN Inc (ASGN)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	304,400	364,100	409,500	350,900	281,200
Revenue	US$ in thousands	4,099,700	4,450,600	4,581,100	4,009,500	3,502,100
Operating profit margin		7.42%	8.18%	8.94%	8.75%	8.03%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $304,400K ÷ $4,099,700K
= 7.42%

Based on the data provided for ASGN Inc's operating profit margin over the years, we observe fluctuations in the margin:

- As of December 31, 2020, the operating profit margin stood at 8.03%. It then increased to 8.75% by December 31, 2021, and further improved to 8.94% by December 31, 2022. This upward trend indicates efficiency in managing operating expenses relative to revenue during these years.

- However, there was a slight decline in the operating profit margin to 8.18% by December 31, 2023, followed by a more noticeable decrease to 7.42% by December 31, 2024. This decline may suggest challenges in maintaining profitability, possibly due to rising costs or changes in revenue streams.

Overall, while the operating profit margin of ASGN Inc has shown some variability, it is important for the company to closely monitor and address factors impacting profitability to ensure sustainable financial performance in the future.