PC Connection Inc (CNXN)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 97,062 | 103,153 | 120,552 | 96,517 | 72,074 |
| Revenue | US$ in thousands | 2,802,060 | 2,850,070 | 3,124,980 | 2,892,630 | 2,590,160 |
| Operating profit margin | 3.46% | 3.62% | 3.86% | 3.34% | 2.78% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $97,062K ÷ $2,802,060K
= 3.46%
PC Connection Inc's operating profit margin has shown a gradual improvement over the years, increasing from 2.78% in December 2020 to 3.46% in December 2024. This indicates that the company has been able to effectively control its operating expenses in relation to its revenue generation, resulting in a higher percentage of operating profit for each dollar of sales. The consistent overall upward trend in the operating profit margin reflects positively on the company's operational efficiency and profitability. However, the slight dip in the margin in 2023, followed by a recovery in 2024, may warrant further investigation to identify any underlying factors influencing the fluctuation.
Peer comparison
Dec 31, 2024