Buckle Inc (BKE)

Operating profit margin

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Feb 3, 2024	Jan 31, 2024	Oct 31, 2023	Oct 28, 2023	Jul 31, 2023	Jul 29, 2023	Apr 30, 2023	Apr 29, 2023	Jan 31, 2023	Jan 28, 2023	Oct 31, 2022	Oct 29, 2022	Jul 31, 2022	Jul 30, 2022	Apr 30, 2022	Jan 31, 2022
Operating income (ttm)	US$ in thousands	241,364	241,642	283,662	299,467	321,136	281,394	241,652	231,317	220,982	274,158	327,334	353,027	378,720	334,496	290,272	283,908	314,085	357,972	374,474	383,630
Revenue (ttm)	US$ in thousands	1,217,689	1,220,873	1,309,638	1,330,703	1,371,680	1,281,725	1,191,770	1,171,147	1,150,524	1,259,902	1,369,280	1,418,787	1,468,294	1,368,464	1,268,634	1,245,357	1,293,946	1,372,900	1,390,356	1,400,724
Operating profit margin		19.82%	19.79%	21.66%	22.50%	23.41%	21.95%	20.28%	19.75%	19.21%	21.76%	23.91%	24.88%	25.79%	24.44%	22.88%	22.80%	24.27%	26.07%	26.93%	27.39%

January 31, 2025 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $241,364K ÷ $1,217,689K
= 19.82%

Based on the provided data, Buckle Inc's operating profit margin has shown some fluctuations over time. The operating profit margin is a key profitability ratio that indicates the company's efficiency in generating profits from its core operations.

From January 31, 2022, to January 31, 2023, Buckle Inc's operating profit margin improved steadily from 27.39% to 25.79%. This indicates that the company was able to control its operating expenses relative to its revenue during this period.

However, from April 29, 2023, to July 31, 2024, the operating profit margin declined significantly from 24.88% to 19.79%. This drop suggests that Buckle Inc may have faced challenges in managing its operating costs or experienced a decrease in revenue during this time frame.

By January 31, 2025, the operating profit margin had slightly recovered to 19.82%, showing a slight improvement compared to the previous quarter. It is essential for Buckle Inc to closely monitor and analyze its operating expenses and revenue generation to sustain and improve its operating profit margin in the future.