DoubleVerify Holdings Inc (DV)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 85,727 | 76,684 | 72,845 | 71,369 | 59,024 | 46,446 | 43,857 | 20,765 | 26,684 |
| Revenue (ttm) | US$ in thousands | 571,983 | 533,023 | 501,366 | 476,373 | 450,505 | 423,463 | 394,017 | 361,473 | 332,256 |
| Operating profit margin | 14.99% | 14.39% | 14.53% | 14.98% | 13.10% | 10.97% | 11.13% | 5.74% | 8.03% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $85,727K ÷ $571,983K
= 14.99%
DoubleVerify Holdings Inc's operating profit margin has shown improvement over the past eight quarters, with a gradual increase from 5.74% in Q1 2022 to 14.97% in Q4 2023. This indicates that the company has been effectively managing its operating expenses relative to its revenue, resulting in a healthier level of profitability. The consistent upward trend suggests that management is making sound decisions to control costs and enhance operational efficiency. However, despite the positive trend, fluctuations in the operating profit margin from quarter to quarter should be monitored closely to ensure sustained financial performance.
Peer comparison
Dec 31, 2023