GameStop Corp (GME)
Operating profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -34,500 | -311,600 | -368,500 | -237,800 | -399,600 |
| Revenue | US$ in thousands | 5,272,800 | 5,927,200 | 6,010,700 | 5,089,800 | 6,466,000 |
| Operating profit margin | -0.65% | -5.26% | -6.13% | -4.67% | -6.18% |
February 3, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-34,500K ÷ $5,272,800K
= -0.65%
The operating profit margin for GameStop Corp has shown a fluctuating trend over the past five years. In the most recent fiscal year, as of February 3, 2024, the operating profit margin improved to -0.65% compared to the prior year's -5.26%. This indicates a more efficient operation at the operating level. However, it's worth noting that the company has still not attained a positive operating profit margin. Looking further back, we observe a gradual improvement in operating profit margin from -6.18% in February 2020 to the current level. GameStop Corp may need to continue focusing on operational efficiencies and cost management to achieve sustained profitability.