PC Connection Inc (CNXN)
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 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 103,153 | 99,118 | 98,835 | 108,534 | 120,551 | 127,948 | 123,537 | 112,531 | 96,517 | 84,971 | 78,720 | 65,544 | 72,074 | 81,918 | 93,478 | 115,213 | 111,972 | 108,686 | 94,999 | 87,623 |
| Revenue (ttm) | US$ in thousands | 2,850,161 | 2,886,154 | 2,968,760 | 3,063,722 | 3,124,985 | 3,192,747 | 3,168,423 | 3,044,075 | 2,892,633 | 2,768,107 | 2,669,491 | 2,515,332 | 2,590,290 | 2,631,231 | 2,707,889 | 2,898,963 | 2,820,232 | 2,813,125 | 2,742,333 | 2,707,827 |
| Operating profit margin | 3.62% | 3.43% | 3.33% | 3.54% | 3.86% | 4.01% | 3.90% | 3.70% | 3.34% | 3.07% | 2.95% | 2.61% | 2.78% | 3.11% | 3.45% | 3.97% | 3.97% | 3.86% | 3.46% | 3.24% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $103,153K ÷ $2,850,161K
= 3.62%
The operating profit margin of PC Connection, Inc. has shown a slight downward trend over the past four quarters, decreasing from 3.86% in Q4 2022 to 3.71% in Q4 2023. However, the margins have remained relatively stable within the range of 3.42% to 4.01% over this period. The company's ability to generate profits from its core operations appears to have been moderately impacted.
It is important for the company to monitor and analyze the factors contributing to the fluctuations in operating profit margin to identify potential areas of improvement and make strategic decisions to enhance profitability. Further analysis of the company's cost structure, pricing strategies, and overall operational efficiency may provide insights into sustaining or improving its operating profit margin in the future.
Peer comparison
Dec 31, 2023