Adtalem Global Education Inc (ATGE)

Operating profit margin

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Operating income	US$ in thousands	217,054	168,170	76,746	110,399	110,067
Revenue	US$ in thousands	1,584,650	1,450,830	1,381,840	899,248	866,427
Operating profit margin		13.70%	11.59%	5.55%	12.28%	12.70%

June 30, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $217,054K ÷ $1,584,650K
= 13.70%

The operating profit margin of Adtalem Global Education Inc has shown variability over the past five years. In the most recent fiscal year ending June 30, 2024, the operating profit margin increased to 13.70%, indicating that the company generated $0.137 in operating profit for every dollar of revenue. This represents an improvement from the previous year's margin of 11.59%.

In the fiscal year ending June 30, 2023, the operating profit margin was 11.59%, reflecting a decline from the prior year's margin of 12.28%. The margin in 2023 still indicates that Adtalem Global Education Inc was able to maintain a healthy level of profitability relative to its revenue.

In the fiscal year ending June 30, 2022, the operating profit margin was 5.55%, which was notably lower compared to the previous years. This suggests that the company faced challenges in maintaining its profitability during that period.

The operating profit margin for the fiscal year ending June 30, 2021 was 12.28%, showing a recovery from the lower margin in the previous year. This improvement may indicate successful efforts to enhance operational efficiency and profitability.

In the fiscal year ending June 30, 2020, the operating profit margin was 12.70%, slightly higher than the margin in 2021. This suggests that Adtalem Global Education Inc was able to sustain a relatively stable level of profitability during that period.

Overall, fluctuations in Adtalem Global Education Inc's operating profit margin over the five-year period highlight the company's ability to adapt to changing market conditions and manage its expenses to achieve varying levels of profitability.