Axon Enterprise Inc. (AXON)
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 | ||
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Operating income (ttm) | US$ in thousands | 154,789 | 134,521 | 111,515 | 92,667 | 93,253 | 43,646 | 14,429 | -100,667 | -168,123 | -135,282 | -143,621 | -63,612 | -14,150 | -34,311 | -22,246 | -9,865 | -6,394 | 9,985 | 7,335 | 13,929 |
Revenue (ttm) | US$ in thousands | 1,569,959 | 1,468,095 | 1,366,248 | 1,277,256 | 1,187,386 | 1,070,477 | 990,712 | 923,894 | 862,707 | 871,660 | 806,113 | 728,577 | 680,248 | 626,197 | 590,674 | 561,872 | 530,795 | 473,735 | 447,652 | 434,421 |
Operating profit margin | 9.86% | 9.16% | 8.16% | 7.26% | 7.85% | 4.08% | 1.46% | -10.90% | -19.49% | -15.52% | -17.82% | -8.73% | -2.08% | -5.48% | -3.77% | -1.76% | -1.20% | 2.11% | 1.64% | 3.21% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $154,789K ÷ $1,569,959K
= 9.86%
Axon Enterprise Inc's operating profit margin has shown a generally upward trend over the past eight quarters, indicating improvements in the company's operational efficiency and profitability. The operating profit margin increased from -10.89% in Q1 2022 to 9.90% in Q4 2023. This positive trend suggests that the company has been able to control its operating expenses better and generate higher profits from its core business activities. It is worth noting that the operating profit margin fluctuated throughout the period, with some quarters showing significant improvements compared to the previous quarter, such as Q2 2023 and Q4 2022, while other quarters saw more moderate changes. Overall, the consistent improvement in the operating profit margin reflects positively on Axon Enterprise Inc's financial performance and ability to generate profits from its operations.
Peer comparison
Dec 31, 2023
See also:
Axon Enterprise Inc. Operating Profit Margin (Quarterly Data)