Box Inc (BOX)
Operating profit margin
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 50,753 | 36,840 | -27,626 | -37,642 | -139,472 |
| Revenue | US$ in thousands | 1,040,660 | 994,397 | 877,506 | 773,486 | 702,138 |
| Operating profit margin | 4.88% | 3.70% | -3.15% | -4.87% | -19.86% |
January 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $50,753K ÷ $1,040,660K
= 4.88%
The operating profit margin of Box Inc has shown a positive trend over the past five years, indicating an improvement in the company's operational efficiency and profitability. From a negative operating profit margin of -19.86% in January 2020, the company has steadily increased its operating profit margin to 4.88% as of January 2024. This suggests that Box Inc has been able to effectively control its operating expenses in relation to its total revenue, resulting in higher profitability. The consistent improvement in the operating profit margin reflects the company's efforts to enhance its operational performance and efficiency over the years.
Peer comparison
Jan 31, 2024