Blackbaud Inc (BLKB)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -266,413 | 133,043 | 111,262 | 65,371 | 44,705 | -3,152 | -27,754 | -24,861 | -19,772 | -10,856 | 3,548 | 13,404 | 24,906 | 30,683 | 28,924 | 35,463 | 37,243 | 41,679 | 39,475 | 33,384 |
| Revenue (ttm) | US$ in thousands | 1,155,366 | 1,148,145 | 1,139,044 | 1,122,929 | 1,105,432 | 1,085,178 | 1,068,849 | 1,062,734 | 1,058,105 | 1,031,239 | 1,001,160 | 965,673 | 927,740 | 922,455 | 906,238 | 908,789 | 913,219 | 908,452 | 914,571 | 908,214 |
| Operating profit margin | -23.06% | 11.59% | 9.77% | 5.82% | 4.04% | -0.29% | -2.60% | -2.34% | -1.87% | -1.05% | 0.35% | 1.39% | 2.68% | 3.33% | 3.19% | 3.90% | 4.08% | 4.59% | 4.32% | 3.68% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-266,413K ÷ $1,155,366K
= -23.06%
The operating profit margin of Blackbaud Inc has varied over the period from March 31, 2020, to December 31, 2024, showing fluctuations in profitability. The operating profit margin started at 3.68% in March 2020, increased to 4.59% by September 2020, and then decreased slightly to 4.08% by December 2020. The margin continued to decline to 3.19% by June 2021 and further to 1.39% by March 2022.
From June 2022 to March 2023, the company incurred operating losses with negative margins ranging from -1.05% to -2.60%. However, there was a notable improvement in the operating profit margin by December 2023, reaching 4.04%. This positive trend continued into the following quarters with significant increases, reaching 11.59% by September 30, 2024. However, the margin sharply declined to -23.06% by December 31, 2024.
Overall, the operating profit margin of Blackbaud Inc has shown notable volatility, with periods of growth and decline. Investors and analysts may want to closely monitor the company's financial performance and assess strategies for maintaining and improving profitability.
Peer comparison
Dec 31, 2024