N-Able Inc (NABL)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 82,370 | 70,319 | 47,396 | 33,330 | 33,766 |
| Revenue | US$ in thousands | 462,627 | 421,880 | 371,769 | 346,456 | 302,871 |
| Operating profit margin | 17.80% | 16.67% | 12.75% | 9.62% | 11.15% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $82,370K ÷ $462,627K
= 17.80%
N-Able Inc's operating profit margin has displayed fluctuating trends over the years. Starting at 11.15% in December 31, 2020, it decreased to 9.62% by December 31, 2021. However, from 2022 onwards, the operating profit margin showed a positive trajectory, increasing to 12.75% in December 31, 2022, further escalating to 16.67% by December 31, 2023, and reaching 17.80% by the end of 2024. This indicates an improvement in the company's efficiency in generating profits from its core operations over the years, with a notable surge in profitability in the later years. Overall, the company seems to have effectively managed its operational costs and enhanced its profitability margins, reflecting positively on its operational performance.
Peer comparison
Dec 31, 2024