Maximus Inc (MMS)
Operating profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 488,499 | 294,794 | 325,898 | 408,530 | 288,278 |
| Revenue | US$ in thousands | 5,306,200 | 4,904,730 | 4,631,020 | 4,254,480 | 3,461,540 |
| Operating profit margin | 9.21% | 6.01% | 7.04% | 9.60% | 8.33% |
September 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $488,499K ÷ $5,306,200K
= 9.21%
Maximus Inc's operating profit margin has fluctuated over the past five years. In 2024, the operating profit margin improved to 9.21% from 6.01% in 2023, indicating the company's ability to generate more operating profit relative to its net sales. However, this improvement follows a decrease from 2021 to 2022. Despite these fluctuations, Maximus Inc has generally maintained an operating profit margin above 7% in the past five years, with the highest margin of 9.60% observed in 2021. This suggests that the company has been effectively managing its operating expenses relative to its revenue during this period.
Peer comparison
Sep 30, 2024