ELF Beauty Inc (ELF)

Operating profit margin

		Mar 31, 2025	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
Operating income (ttm)	US$ in thousands	113,711	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
Revenue (ttm)	US$ in thousands	980,872	1,302,015	1,217,638	1,132,070	1,023,932	890,146	765,740	672,582	578,844	496,622	448,203	417,709	392,155	379,691	370,135	350,630	318,110	300,151	292,349	287,614
Operating profit margin		11.59%	10.04%	10.47%	12.34%	14.62%	15.81%	17.26%	15.96%	11.77%	12.54%	10.70%	9.58%	7.59%	6.77%	6.22%	5.01%	2.95%	4.10%	6.46%	9.05%

March 31, 2025 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $113,711K ÷ $980,872K
= 11.59%

ELF Beauty Inc's operating profit margin has shown fluctuating trends over the reporting periods. The margin decreased from 9.05% in June 2020 to 2.95% in March 2021, indicating a decline in profitability during that period. However, there was a gradual increase in the operating profit margin from March 2021 to June 2023, reaching a peak of 17.26% in September 2023.

After reaching its peak, the operating profit margin declined in the subsequent quarters, dropping to 10.04% by December 2024. However, there was a slight improvement in the following quarter, with the margin increasing to 11.59% by March 2025. Overall, ELF Beauty Inc’s operating profit margin has demonstrated variability, with periods of both growth and decline in profitability. It is essential for the company to closely monitor and manage its operating expenses and revenue generation strategies to sustain and improve its profitability in the future.