Aspen Technology Inc (AZPN)
Operating profit margin
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -89,539 | -122,763 | -181,942 | -192,094 | -183,065 | -152,893 | -77,163 |
| Revenue (ttm) | US$ in thousands | 1,127,482 | 1,105,220 | 1,056,992 | 1,042,667 | 1,044,178 | 1,537,315 | 1,307,437 |
| Operating profit margin | -7.94% | -11.11% | -17.21% | -18.42% | -17.53% | -9.95% | -5.90% |
June 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-89,539K ÷ $1,127,482K
= -7.94%
Aspen Technology Inc's operating profit margin has shown varying levels of performance over the past seven quarters. The margin was negative in all periods, with the highest margin being -5.90% in December 2022 and the lowest margin recorded at -18.42% in September 2023.
The trend indicates a general pattern of improving performance in recent quarters, with the operating profit margin gradually moving towards a less negative position. However, the company still faces challenges in generating sufficient operating profits relative to its revenue.
It is essential for Aspen Technology Inc to continue monitoring its operational efficiency and cost management strategies to enhance its profitability and work towards achieving positive operating profit margins in the future.
Peer comparison
Jun 30, 2024