Juniper Networks Inc (JNPR)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 470,100 | 519,100 | 387,500 | 353,100 | 442,200 |
| Revenue | US$ in thousands | 5,484,500 | 5,288,400 | 4,624,000 | 4,313,100 | 4,341,400 |
| Operating profit margin | 8.57% | 9.82% | 8.38% | 8.19% | 10.19% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $470,100K ÷ $5,484,500K
= 8.57%
The operating profit margin for Juniper Networks Inc has been relatively stable over the past five years, ranging from 9.09% to 10.74%. In 2023, the operating profit margin was at 10.21%, showing a slight increase compared to the previous year. This indicates that the company was able to effectively manage its operating expenses and generate a reasonable level of profit from its core business activities. Overall, Juniper Networks Inc has maintained a healthy operating profit margin, demonstrating its ability to efficiently convert revenue into profits before accounting for interest and taxes.
Peer comparison
Dec 31, 2023