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.