Stride Inc (LRN)

Operating profit margin

		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	Sep 30, 2019
Operating income (ttm)	US$ in thousands	249,600	229,868	213,754	197,538	165,499	157,649	146,044	134,886	156,628	131,919	109,878	91,415	110,456	96,110	72,056	63,909	32,457	28,097	36,865	39,850
Revenue (ttm)	US$ in thousands	2,036,610	1,987,713	1,937,438	1,890,964	1,836,068	1,806,731	1,758,305	1,709,439	1,684,896	1,625,762	1,596,760	1,564,135	1,535,397	1,408,686	1,273,532	1,154,604	1,040,639	1,029,236	1,025,395	1,022,758
Operating profit margin		12.26%	11.56%	11.03%	10.45%	9.01%	8.73%	8.31%	7.89%	9.30%	8.11%	6.88%	5.84%	7.19%	6.82%	5.66%	5.54%	3.12%	2.73%	3.60%	3.90%

June 30, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $249,600K ÷ $2,036,610K
= 12.26%

Stride Inc's operating profit margin has shown a positive trend over the past several quarters. The operating profit margin, which measures the company's ability to generate profit from its core operations, has steadily increased from 3.60% in Dec 2019 to 12.26% in Jun 2024. This indicates improving efficiency and cost management in the company's operations.

The company's operating profit margin has fluctuated slightly on a quarterly basis, with some quarters showing more significant improvements compared to others. However, the overall trend is positive, reflecting the company's efforts to optimize its operations and increase profitability.

It is important to note that a higher operating profit margin indicates that the company is able to generate more profit from each dollar of revenue. This can be a positive sign for investors and stakeholders, as it demonstrates the company's ability to effectively manage its resources and generate sustainable profits.