Gen Digital Inc. (GEN)
Operating profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jul 5, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,122,000 | 1,079,000 | 1,112,000 | 1,328,000 | 1,227,000 | 999,000 | 933,000 | 979,000 | 1,005,000 | 1,142,000 | 1,120,000 | 1,063,000 | 896,000 | 674,000 | 456,000 | 335,000 | 355,000 | 383,000 | 383,000 | 317,000 |
| Revenue (ttm) | US$ in thousands | 3,812,000 | 3,792,000 | 3,777,000 | 3,577,000 | 2,658,000 | 2,427,000 | 2,193,000 | 2,137,000 | 2,796,000 | 2,752,000 | 2,689,000 | 2,623,000 | 2,551,000 | 2,493,000 | 2,472,000 | 2,454,000 | 2,490,000 | 2,493,000 | 2,490,000 | 2,494,000 |
| Operating profit margin | 29.43% | 28.45% | 29.44% | 37.13% | 46.16% | 41.16% | 42.54% | 45.81% | 35.94% | 41.50% | 41.65% | 40.53% | 35.12% | 27.04% | 18.45% | 13.65% | 14.26% | 15.36% | 15.38% | 12.71% |
March 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,122,000K ÷ $3,812,000K
= 29.43%
The operating profit margin of Gen Digital Inc. has been fluctuating over the past several quarters. The trend shows the following:
- The operating profit margin was relatively stable around the mid to high 40% range in the first half of 2023, with a peak of 46.16% in March 2023.
- Subsequently, there was a noticeable decline in the operating profit margin in the second half of 2023, dropping to the mid-30% range in September and December.
- The trend continued into 2024, with the operating profit margin at 29.43% in March 2024.
Overall, the operating profit margin of Gen Digital Inc. has shown some volatility, with fluctuations in the high 40%, mid 30%, and approximately 29% ranges. This variability may indicate changing cost structures, pricing strategies, or operational efficiencies within the company. Further analysis and monitoring of the trend in the operating profit margin could provide insights into the company's financial performance and management effectiveness in optimizing profitability.
Peer comparison
Mar 31, 2024