CSG Systems International Inc (CSGS)

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	123,877	134,202	121,448	100,525	78,747	71,555	84,341	109,224	124,186	119,981	116,165	103,774	105,556	112,139	116,612	127,175	126,109	125,276	117,509	111,258
Revenue (ttm)	US$ in thousands	1,169,541	1,161,418	1,147,858	1,123,699	1,089,401	1,074,926	1,064,033	1,056,215	1,044,162	1,029,599	1,011,292	997,263	990,533	984,793	992,099	997,634	996,810	989,330	950,971	918,148
Operating profit margin		10.59%	11.56%	10.58%	8.95%	7.23%	6.66%	7.93%	10.34%	11.89%	11.65%	11.49%	10.41%	10.66%	11.39%	11.75%	12.75%	12.65%	12.66%	12.36%	12.12%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $123,877K ÷ $1,169,541K
= 10.59%

CSG Systems International Inc.'s operating profit margin has shown relatively stable performance over the past eight quarters, ranging from 11.13% in Q2 2022 to 12.45% in Q2 2023. The margins remained consistently above 11%, indicating the company's ability to generate profits from its core operations. The slight fluctuations in the operating profit margin may be attributed to various factors such as changes in revenue, costs, and operational efficiency. Overall, the trend suggests that CSG Systems International Inc. has been effectively managing its operating expenses relative to its revenue, maintaining a healthy level of operational profitability.