Blackbaud Inc (BLKB)

Operating profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands -270,506 44,705 -19,772 24,906 37,243
Revenue US$ in thousands 1,155,500 1,105,430 1,058,100 927,740 913,219
Operating profit margin -23.41% 4.04% -1.87% 2.68% 4.08%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $-270,506K ÷ $1,155,500K
= -23.41%

The operating profit margin of Blackbaud Inc has shown a fluctuating trend over the past five years. In December 2020, the operating profit margin was 4.08%, indicating that the company generated $0.0408 in operating profit for every dollar of revenue. By December 2021, the operating profit margin decreased to 2.68%, implying a decline in profitability.

However, in December 2022, the operating profit margin turned negative at -1.87%, suggesting that the company's operating expenses exceeded its operating income. This signifies a potential financial challenge for the company during that period.

The trend improved in December 2023, with the operating profit margin recovering to 4.04%, indicating a positive return on operations. Nevertheless, in December 2024, the operating profit margin experienced a significant decline to -23.41%, reflecting a substantial decrease in profitability and potential operating inefficiencies during that year.

Overall, the analysis of Blackbaud Inc's operating profit margin highlights varying levels of profitability and operational efficiency over the five-year period, showcasing the company's performance and financial health.