Digi International Inc (DGII)
Operating profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 48,089 | 50,095 | 38,220 | 10,528 | 11,317 |
| Revenue | US$ in thousands | 424,046 | 444,849 | 388,225 | 308,632 | 279,271 |
| Operating profit margin | 11.34% | 11.26% | 9.84% | 3.41% | 4.05% |
September 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $48,089K ÷ $424,046K
= 11.34%
The operating profit margin of Digi International Inc has shown a steady improvement over the past five years, indicating increasing efficiency in generating profits from its core operations. The margin increased from 4.05% in 2020 to 11.34% in 2024, reflecting a substantial growth trajectory. This positive trend suggests that the company has been able to manage its operating costs effectively and improve its operational efficiency. The consistent improvement in operating profit margin is a favorable indicator of the company's financial health and management's ability to maximize profitability from its revenue streams.
Peer comparison
Sep 30, 2024