DoubleVerify Holdings Inc (DV)

Operating profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands 82,420 85,727 59,024 26,684 21,355
Revenue US$ in thousands 656,849 572,543 452,418 332,741 243,917
Operating profit margin 12.55% 14.97% 13.05% 8.02% 8.76%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $82,420K ÷ $656,849K
= 12.55%

The operating profit margin of DoubleVerify Holdings Inc has shown fluctuations over the years as follows: 8.76% in December 31, 2020, 8.02% in December 31, 2021, 13.05% in December 31, 2022, 14.97% in December 31, 2023, and 12.55% in December 31, 2024.

The trend indicates an initial decrease from 2020 to 2021, followed by a significant improvement in 2022 and 2023, peaking at 14.97%. However, there was a slight decrease in the operating profit margin in 2024 to 12.55%.

Overall, the operating profit margin of DoubleVerify Holdings Inc has shown variability, with an increasing trend in recent years. It is important to further examine the reasons behind these fluctuations to assess the company's operational efficiency and profitability.