Broadridge Financial Solutions Inc (BR)

Operating profit margin

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 Dec 31, 2019 Sep 30, 2019
Operating income (ttm) US$ in thousands 1,017,100 1,029,900 1,013,800 997,300 936,400 823,900 783,100 744,100 759,900 699,600 692,800 703,400 678,700 696,100 683,200 630,500 625,000 567,000 574,300 625,700
Revenue (ttm) US$ in thousands 6,506,800 6,247,900 6,165,000 6,056,600 5,917,200 5,818,600 5,726,600 5,706,800 5,621,400 5,451,700 5,316,100 5,122,100 4,954,600 4,784,900 4,640,300 4,550,700 4,482,700 4,332,000 4,311,500 4,300,300
Operating profit margin 15.63% 16.48% 16.44% 16.47% 15.83% 14.16% 13.67% 13.04% 13.52% 12.83% 13.03% 13.73% 13.70% 14.55% 14.72% 13.86% 13.94% 13.09% 13.32% 14.55%

June 30, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,017,100K ÷ $6,506,800K
= 15.63%

Broadridge Financial Solutions Inc's operating profit margin has shown a fluctuating trend over the past several quarters, ranging from 12.83% to 16.48%. The operating profit margin indicates the company's efficiency in managing its operating expenses relative to its revenue.

The highest operating profit margin of 16.48% was recorded in March 2024, while the lowest was 12.83% in March 2022. Overall, the company has managed to maintain its operating profit margin above 13% for most of the quarters analyzed.

It is important to note that a higher operating profit margin indicates better cost control and efficiency in generating profits from operations. Management should continue to monitor and potentially improve operating efficiency to sustain or increase profitability in the future.