Dell Technologies Inc (DELL)

Operating profit margin

		Aug 2, 2024	May 3, 2024	Feb 2, 2024	Nov 3, 2023	Aug 4, 2023	May 5, 2023	Feb 3, 2023	Oct 28, 2022	Jul 29, 2022	Apr 29, 2022	Jan 28, 2022	Oct 29, 2021	Jul 30, 2021	Apr 30, 2021	Jan 29, 2021	Oct 30, 2020	Jul 31, 2020	May 1, 2020	Jan 31, 2020	Nov 1, 2019
Operating income (ttm)	US$ in thousands	5,239,000	5,062,000	5,211,000	4,909,000	5,185,000	5,290,000	5,771,000	6,191,000	5,475,000	5,222,000	4,659,000	3,768,000	3,851,000	3,970,000	3,685,000	3,428,000	3,135,000	2,518,000	2,366,000	2,236,000
Revenue (ttm)	US$ in thousands	91,839,000	89,747,000	88,425,000	91,146,000	93,616,000	97,107,000	102,301,000	105,254,000	106,957,000	104,723,000	101,197,000	97,355,000	92,520,000	89,182,000	86,670,000	86,552,000	87,807,000	90,324,000	92,154,000	91,963,000
Operating profit margin		5.70%	5.64%	5.89%	5.39%	5.54%	5.45%	5.64%	5.88%	5.12%	4.99%	4.60%	3.87%	4.16%	4.45%	4.25%	3.96%	3.57%	2.79%	2.57%	2.43%

August 2, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $5,239,000K ÷ $91,839,000K
= 5.70%

The operating profit margin of Dell Technologies Inc has shown some fluctuations over the past few quarters. From November 2019 to August 2024, the operating profit margin has ranged from 2.43% to 5.89%. The trend appears to be generally increasing, with some variability over time.

On a positive note, the operating profit margin has been consistently above 5% since May 2023, indicating a healthy level of profitability relative to sales. However, there was a slight dip in the margin in the most recent quarter, dropping to 5.70% from the previous quarter's 5.89%.

Overall, the operating profit margin of Dell Technologies Inc demonstrates a reasonable level of stability and a generally positive trend over the periods analyzed. It will be important for the company to continue monitoring and managing costs effectively to sustain and potentially improve profitability in the future.