Cogent Communications Group Inc (CCOI)
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 | -179,520 | -197,763 | -190,492 | -186,991 | -112,327 | -33,539 | 45,114 | 109,284 | 113,756 | 122,610 | 123,071 | 121,716 | 119,223 | 110,442 | 107,922 | 107,285 | 106,844 | 107,493 | 107,256 | 101,704 |
| Revenue (ttm) | US$ in thousands | 1,036,104 | 1,055,912 | 1,074,139 | 1,053,502 | 940,922 | 820,802 | 695,373 | 604,017 | 599,604 | 594,833 | 592,760 | 592,189 | 589,791 | 586,484 | 580,859 | 573,970 | 568,108 | 564,499 | 559,139 | 552,938 |
| Operating profit margin | -17.33% | -18.73% | -17.73% | -17.75% | -11.94% | -4.09% | 6.49% | 18.09% | 18.97% | 20.61% | 20.76% | 20.55% | 20.21% | 18.83% | 18.58% | 18.69% | 18.81% | 19.04% | 19.18% | 18.39% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-179,520K ÷ $1,036,104K
= -17.33%
The operating profit margin of Cogent Communications Group Inc has shown a fluctuating trend over the period from March 31, 2020, to December 31, 2024. The margin started at 18.39% in March 2020 and generally increased until reaching a peak of 20.76% in June 2022. However, from September 2022 onwards, the margin began to decline steadily, dropping to 17.33% by December 31, 2024.
It is important to note that the operating profit margin turned negative, indicating a loss-making situation, from June 30, 2023, and continued to remain negative in subsequent quarters, with the lowest point recorded at -18.73% on September 30, 2024.
The overall trend suggests that while Cogent Communications Group Inc initially experienced improvement in its operating profitability, it faced challenges in maintaining profitability in the later period, ultimately leading to negative margins. This could signal potential operational issues or financial difficulties that may require further analysis and action to address.
Peer comparison
Dec 31, 2024