Concentrix Corporation (CNXC)
Operating profit margin
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 648,384 | 657,552 | 693,463 | 702,488 | 683,315 | 580,178 | 511,957 | 440,887 | 359,172 | 365,542 | 411,221 | 471,403 | 518,776 | 572,397 | 534,699 | 460,083 | 355,439 | 308,761 | 290,008 | 292,470 |
| Revenue (ttm) | US$ in thousands | 9,588,370 | 9,618,900 | 9,401,640 | 8,647,060 | 7,881,050 | 7,114,700 | 6,524,660 | 6,471,430 | 6,424,820 | 6,324,470 | 6,150,360 | 5,968,010 | 5,769,790 | 5,587,020 | 5,421,270 | 5,187,710 | 4,884,190 | 4,719,530 | 4,631,510 | 4,628,750 |
| Operating profit margin | 6.76% | 6.84% | 7.38% | 8.12% | 8.67% | 8.15% | 7.85% | 6.81% | 5.59% | 5.78% | 6.69% | 7.90% | 8.99% | 10.25% | 9.86% | 8.87% | 7.28% | 6.54% | 6.26% | 6.32% |
February 28, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $648,384K ÷ $9,588,370K
= 6.76%
Concentrix Corporation has shown a relatively stable operating profit margin over the period from November 30, 2021, to February 28, 2023, with margins fluctuating between 10.25% and 10.09%. However, from November 30, 2023, to February 28, 2025, there has been a declining trend in the operating profit margin, dropping from 9.30% to 6.50%. This significant decrease over the latter period could indicate potential challenges in managing operating expenses relative to revenue generation. It is essential for the company to assess and address the factors contributing to this declining trend in order to maintain sustainable profitability levels.
Peer comparison
Feb 28, 2025