Concentrix Corporation (CNXC)
Operating profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 653,719 | 661,327 | 658,870 | 654,148 | 648,494 | 640,192 | 620,107 | 613,941 | 585,253 | 572,397 |
| Revenue (ttm) | US$ in thousands | 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 |
| Operating profit margin | 8.29% | 9.30% | 10.10% | 10.11% | 10.09% | 10.12% | 10.08% | 10.29% | 10.14% | 10.25% |
February 29, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $653,719K ÷ $7,881,050K
= 8.29%
Concentrix Corporation's operating profit margin has shown some fluctuations over the past few quarters. The trend indicates a slight decline, starting at 10.25% in November 2021 and gradually decreasing to 8.29% in February 2024. However, it is worth noting that the operating profit margin has remained relatively stable within a narrow range between 8.29% and 10.29%, suggesting some consistency in the company's ability to generate profits from its core operations. Further analysis may be needed to understand the factors contributing to the fluctuations and potential areas for improvement.
Peer comparison
Feb 29, 2024