Liquidity Services Inc (LQDT)

Operating profit margin

		Sep 30, 2024	Jun 30, 2024	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
Operating income (ttm)	US$ in thousands	23,403	24,016	24,376	23,027	26,107	29,473	39,913	47,650	47,406	44,471	34,370	27,025	27,168	24,205	15,809	5,719	-3,897	-14,631	-19,390	-19,423
Revenue (ttm)	US$ in thousands	367,189	340,090	327,239	317,224	317,482	311,747	299,959	286,259	280,398	275,343	275,513	269,007	258,140	243,702	221,755	213,011	206,885	209,785	219,114	223,264
Operating profit margin		6.37%	7.06%	7.45%	7.26%	8.22%	9.45%	13.31%	16.65%	16.91%	16.15%	12.47%	10.05%	10.52%	9.93%	7.13%	2.68%	-1.88%	-6.97%	-8.85%	-8.70%

September 30, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $23,403K ÷ $367,189K
= 6.37%

The operating profit margin of Liquidity Services Inc has shown fluctuations over the historical period indicated in the table. The latest operating profit margin of 6.37% for September 30, 2024, reflects a slight decline compared to previous quarters. From December 2022 to March 2023, there was a noticeable increase in the operating profit margin, reaching a peak of 16.91% on September 30, 2022.

Despite some variability, the company has generally maintained positive operating profit margins, with the lowest being -8.85% on March 31, 2020. The trend indicates that the company has made efforts to improve profitability over the past few quarters.

Overall, the analysis suggests that Liquidity Services Inc has experienced fluctuations in its operating profit margin, but has shown some improvement in recent quarters, with the need to monitor future performance to assess the sustainability of profitability levels.