F5 Networks Inc (FFIV)

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	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Operating income (ttm)	US$ in thousands	545,872	472,568	408,357	412,252	380,853	403,792	422,626	411,574	390,428	394,025	366,274	357,483	387,680	392,267	408,368	423,487	482,582	518,463	557,341	606,554
Revenue (ttm)	US$ in thousands	2,816,688	2,830,769	2,832,628	2,804,474	2,735,523	2,720,645	2,701,609	2,678,636	2,689,699	2,618,816	2,545,335	2,477,072	2,415,234	2,356,422	2,331,994	2,312,136	2,273,582	2,242,447	2,214,768	2,193,577
Operating profit margin		19.38%	16.69%	14.42%	14.70%	13.92%	14.84%	15.64%	15.37%	14.52%	15.05%	14.39%	14.43%	16.05%	16.65%	17.51%	18.32%	21.23%	23.12%	25.16%	27.65%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $545,872K ÷ $2,816,688K
= 19.38%

The operating profit margin of F5 Inc has shown a generally positive trend over the past eight quarters. The operating profit margin has been steadily increasing from 14.38% in Q1 2023 to 21.78% in Q1 2024. This indicates that F5 Inc has been able to improve its efficiency in generating profits from its operations over time.

The highest operating profit margin was observed in Q1 2024 at 21.78%, reflecting strong operational performance during that period. On the other hand, the lowest operating profit margin in the specified period was 14.38% in Q1 2023.

Overall, the consistent improvement in operating profit margins indicates that F5 Inc has been effectively managing its costs and increasing its profitability from its core business activities. This trend suggests that the company has been making sound operational decisions and optimizing its resources to enhance its overall financial performance.