Certara Inc (CERT)
Operating profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -40,774 | -20,927 | 42,716 | 33,826 | 32,521 | 24,583 | 12,963 | 14,088 | 13,579 |
| Revenue (ttm) | US$ in thousands | 330,662 | 333,169 | 332,975 | 327,074 | 320,407 | 309,191 | 300,367 | 285,250 | 269,717 |
| Operating profit margin | -12.33% | -6.28% | 12.83% | 10.34% | 10.15% | 7.95% | 4.32% | 4.94% | 5.03% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-40,774K ÷ $330,662K
= -12.33%
Certara Inc's operating profit margin has fluctuated over the past eight quarters. In Q1 2022, the operating profit margin was 4.68%, which increased to 4.13% in Q2 2022. The margin improved in Q3 2022 to 7.58% and further increased to 9.69% in Q4 2022. However, in Q1 2023, there was a decrease to 9.82% followed by a significant drop to 12.13% in Q2 2023. The margin then decreased further to 7.38% in Q3 2023 and was at its lowest in Q4 2023 at 1.75%.
Overall, Certara Inc's operating profit margin has shown volatility, with periods of both growth and decline. It is important for the company to closely monitor and manage its operating expenses and revenue generation to ensure consistency and sustainability in its profitability.
Peer comparison
Dec 31, 2023