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.