Stride Inc (LRN)
Operating profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 249,600 | 165,499 | 156,628 | 110,456 | 32,457 |
| Revenue | US$ in thousands | 2,035,790 | 1,835,280 | 1,684,900 | 1,535,650 | 1,040,700 |
| Operating profit margin | 12.26% | 9.02% | 9.30% | 7.19% | 3.12% |
June 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $249,600K ÷ $2,035,790K
= 12.26%
The operating profit margin of Stride Inc has shown a positive trend over the past five years, increasing from 3.12% in June 2020 to 12.26% in June 2024. This indicates that the company has been able to improve its efficiency in generating profits from its core operations over the years. The significant improvement in operating profit margin suggests that Stride Inc has been able to effectively manage its operating expenses and increase revenue generation. This trend reflects positively on the company's operational performance and indicates a strengthening financial position.
Peer comparison
Jun 30, 2024