Maximus Inc (MMS)
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 | 488,499 | 475,867 | 392,516 | 327,527 | 294,794 | 310,194 | 306,363 | 319,146 | 325,898 | 279,551 | 364,589 | 402,487 | 408,530 | 424,876 | 372,590 | 296,715 | 288,278 | 281,331 | 277,616 | 322,106 |
| Revenue (ttm) | US$ in thousands | 5,306,200 | 5,250,280 | 5,124,030 | 4,982,520 | 4,904,730 | 4,821,810 | 4,758,910 | 4,729,390 | 4,631,020 | 4,560,120 | 4,677,860 | 4,459,810 | 4,254,484 | 4,072,190 | 3,730,007 | 3,588,862 | 3,461,537 | 3,292,667 | 3,122,040 | 3,040,425 |
| Operating profit margin | 9.21% | 9.06% | 7.66% | 6.57% | 6.01% | 6.43% | 6.44% | 6.75% | 7.04% | 6.13% | 7.79% | 9.02% | 9.60% | 10.43% | 9.99% | 8.27% | 8.33% | 8.54% | 8.89% | 10.59% |
September 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $488,499K ÷ $5,306,200K
= 9.21%
Maximus Inc's operating profit margin has shown fluctuations over the past few quarters, ranging from 6.01% to 10.59%. The trend indicates some variability in the company's operational efficiency and profitability.
The operating profit margin was relatively stable around 6-7% in the earlier quarters but experienced an increase to over 9% in the later quarters of 2021 and early 2022. This could suggest improved cost management or revenue generation strategies during that period.
However, from the year-end 2022 to the third quarter of 2024, the operating profit margin has been fluctuating in the mid-single digits, showing a downward trend overall. This might indicate challenges in maintaining profitability levels or increased costs impacting the company's margins.
In analyzing Maximus Inc's operating profit margin, it is important to consider the reasons behind these fluctuations, assess the company's cost structure, revenue streams, and competitive landscape to understand the factors influencing its profitability performance.
Peer comparison
Sep 30, 2024