Juniper Networks Inc (JNPR)

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	470,100	547,900	609,600	576,300	519,100	469,500	440,300	418,200	387,500	331,700	336,700	341,500	353,100	433,600	447,000	438,900	442,200	460,400	482,000	559,400
Revenue (ttm)	US$ in thousands	5,484,500	5,571,600	5,593,700	5,485,300	5,288,400	5,144,700	4,921,900	4,779,600	4,624,000	4,559,000	4,501,500	4,408,800	4,386,600	4,372,100	4,348,700	4,362,200	4,361,800	4,334,700	4,393,000	4,490,700
Operating profit margin		8.57%	9.83%	10.90%	10.51%	9.82%	9.13%	8.95%	8.75%	8.38%	7.28%	7.48%	7.75%	8.05%	9.92%	10.28%	10.06%	10.14%	10.62%	10.97%	12.46%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $470,100K ÷ $5,484,500K
= 8.57%

Juniper Networks Inc has shown a consistent improvement in its operating profit margin over the past two years. The operating profit margin has been gradually increasing quarter over quarter, indicating a positive trend in the company's operational efficiency and profitability. In the most recent quarter, Q4 2023, the operating profit margin reached 10.21%, showing a slight decrease compared to the previous quarter but still higher than the levels seen in the same quarter of the previous year. Overall, Juniper Networks Inc has demonstrated a strong ability to manage its expenses and generate profit from its operations, which is reflected in the increasing trend of its operating profit margin.