Grand Canyon Education Inc (LOPE)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 275,399 | 249,256 | 237,500 | 282,190 | 277,437 |
| Revenue | US$ in thousands | 1,033,060 | 960,866 | 911,304 | 897,963 | 839,694 |
| Operating profit margin | 26.66% | 25.94% | 26.06% | 31.43% | 33.04% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $275,399K ÷ $1,033,060K
= 26.66%
Grand Canyon Education Inc's operating profit margin has shown a downward trend over the past five years. Starting at 33.04% on December 31, 2020, the margin decreased to 31.43% by December 31, 2021. Subsequently, the margin declined further to 26.06% by December 31, 2022, and to 25.94% by December 31, 2023. The margin saw a slight increase to 26.66% by December 31, 2024.
The decreasing trend in the operating profit margin indicates that the company's profitability from its core operations has been under pressure. It is essential for Grand Canyon Education Inc to closely monitor and evaluate its operating costs and revenue generation strategies to improve its operating profit margin in the future.
Peer comparison
Dec 31, 2024