ELF Beauty Inc (ELF)

Operating profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Operating income (ttm)	US$ in thousands	130,741	127,492	139,753	149,678	140,693	132,148	107,346	68,143	62,284	47,964	40,029	29,770	25,716	23,036	17,562	9,400	12,308	18,897	26,031	29,950
Revenue (ttm)	US$ in thousands	1,302,015	1,217,635	1,132,690	1,024,893	891,107	766,065	671,498	576,756	494,534	446,184	415,879	389,935	377,471	367,630	347,817	314,882	296,923	288,416	282,943	277,931
Operating profit margin		10.04%	10.47%	12.34%	14.60%	15.79%	17.25%	15.99%	11.81%	12.59%	10.75%	9.63%	7.63%	6.81%	6.27%	5.05%	2.99%	4.15%	6.55%	9.20%	10.78%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $130,741K ÷ $1,302,015K
= 10.04%

ELF Beauty Inc's operating profit margin has fluctuated over the period from March 31, 2020, to December 31, 2024. The operating profit margin, which indicates the company's profitability from its core operations, started at 10.78% in March 2020 and experienced a gradual decline to its lowest point of 2.99% in March 2021. This decline may indicate challenges in managing operating expenses efficiently.

However, from June 2021 onward, the operating profit margin started to improve, reaching a peak of 17.25% in September 2023. This upward trend suggests improved operational efficiency and/or increased revenue generation relative to operating costs.

In the latter part of the period, the operating profit margin stabilized around the 10-12% range, with a slight decline to 10.04% by December 31, 2024. This indicates a reasonable level of profitability sustained by the company's operations during that period.

Overall, ELF Beauty Inc's operating profit margin demonstrates variability but shows a general trend of recovery and improvement after a temporary decline, suggesting potential operational enhancements and financial stability in the later years of the period analyzed.