CommVault Systems Inc (CVLT)
Operating profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 75,355 | -15,885 | 41,566 | -22,263 | -17,508 |
| Revenue | US$ in thousands | 839,247 | 784,590 | 769,591 | 723,472 | 670,885 |
| Operating profit margin | 8.98% | -2.02% | 5.40% | -3.08% | -2.61% |
March 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $75,355K ÷ $839,247K
= 8.98%
CommVault Systems Inc's operating profit margin has displayed significant variability over the past five years. In the latest fiscal year ending March 31, 2024, the operating profit margin stood at 8.98%, marking a notable improvement compared to the negative figures recorded in the two preceding years. The negative operating profit margins in FY 2021 and FY 2020 (-3.08% and -2.61% respectively) suggest that the company faced challenges in generating profits from its core operations during those periods.
The positive operating profit margin in FY 2022 (5.40%) indicates some recovery and operational efficiency improvements. However, the margin still fell short of the current year's performance. It is essential for CommVault Systems Inc to sustain and build upon the improved operating profit margin in FY 2024 to ensure long-term profitability and financial stability. Further analysis of the company's cost structure, revenue generation, and operational effectiveness may provide insights into the factors driving these fluctuations in operating profit margins.
Peer comparison
Mar 31, 2024