Godaddy Inc (GDDY)

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	547,400	492,400	455,000	460,000	498,800	488,700	490,300	453,700	382,100	349,800	310,900	245,800	272,200	253,200	252,200	248,200	202,600	170,900	117,000	141,600
Revenue (ttm)	US$ in thousands	4,111,400	4,047,500	4,019,100	3,989,900	3,960,900	3,947,400	3,876,300	3,792,100	3,694,000	3,553,000	3,441,500	3,329,900	3,228,400	3,161,000	3,078,500	2,991,300	2,905,200	2,820,600	2,736,600	2,662,800
Operating profit margin		13.31%	12.17%	11.32%	11.53%	12.59%	12.38%	12.65%	11.96%	10.34%	9.85%	9.03%	7.38%	8.43%	8.01%	8.19%	8.30%	6.97%	6.06%	4.28%	5.32%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $547,400K ÷ $4,111,400K
= 13.31%

Godaddy Inc's operating profit margin has shown a consistent upward trend in recent quarters. In Q4 2023, the operating profit margin reached 15.00%, marking a notable increase compared to the previous quarters. This improvement indicates that the company has been effectively managing its operating expenses and generating higher profits from its core business activities.

The steady growth in operating profit margins over the past quarters reflects Godaddy's ability to efficiently control costs while increasing revenues. The company's focus on operational efficiency and optimizing its business processes appears to be yielding positive results, as evidenced by the sustained improvement in profitability metrics.

Comparing Q4 2023 to the same period in the previous year (Q4 2022), there has been a noticeable improvement in operating profit margin from 12.58% to 15.00%. This suggests that Godaddy has strengthened its operational performance and enhanced its profitability over the year, which is a positive indicator of the company's financial health and management effectiveness.

Overall, the increasing trend in Godaddy Inc's operating profit margin underscores the company's ability to drive profitability through effective cost management and operational efficiency, positioning it well for sustainable growth and value creation in the future.