Gen Digital Inc. (GEN)
Operating profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,122,000 | 1,227,000 | 1,005,000 | 896,000 | 355,000 |
| Revenue | US$ in thousands | 3,812,000 | 3,338,000 | 2,796,000 | 2,551,000 | 2,490,000 |
| Operating profit margin | 29.43% | 36.76% | 35.94% | 35.12% | 14.26% |
March 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,122,000K ÷ $3,812,000K
= 29.43%
The operating profit margin of Gen Digital Inc. has shown fluctuations over the past five years. In the most recent fiscal year ending March 31, 2024, the operating profit margin stood at 29.43%, which represents a decrease compared to the previous year's margin of 36.76%. Despite this reduction, the operating profit margin remains relatively high compared to two years ago when it was 35.94%. The company experienced a significant increase in operating profit margin from 2020 to 2021, highlighting improved operational efficiency or cost management initiatives. However, the recent decline may suggest potential challenges such as cost pressures or changes in revenue mix impacting profitability. Further analysis of the company's operational performance and cost structure would be essential to understand the underlying factors influencing the fluctuating operating profit margin of Gen Digital Inc.
Peer comparison
Mar 31, 2024