Aspen Technology Inc (AZPN)
Operating profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | ||
|---|---|---|---|---|
| Operating income | US$ in thousands | -89,540 | -183,065 | 22,272 |
| Revenue | US$ in thousands | 1,127,480 | 1,044,180 | 482,311 |
| Operating profit margin | -7.94% | -17.53% | 4.62% |
June 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-89,540K ÷ $1,127,480K
= -7.94%
Aspen Technology Inc's operating profit margin has been fluctuating over the past three years. In Jun 30, 2022, the company had an operating profit margin of 4.62%, indicating that for every dollar of revenue generated, the company retained $0.0462 as operating profit. However, in Jun 30, 2023, the operating profit margin declined significantly to -17.53%, signifying that the company incurred operating losses surpassing its revenue. This negative margin suggests potential inefficiencies or challenges in the company's operations during that period. By Jun 30, 2024, the operating profit margin improved but remained negative at -7.94%, indicating that the company was still struggling to turn its revenue into operating profits. Overall, Aspen Technology Inc's operating profit margin trend reflects inconsistent profitability performance and highlights the need for further investigation into the company's operational efficiency and cost management strategies.
Peer comparison
Jun 30, 2024