N-Able Inc (NABL)
Operating profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 70,319 | 62,817 | 56,189 | 50,652 | 47,396 | 41,585 | 39,635 | 39,219 |
| Revenue (ttm) | US$ in thousands | 423,324 | 410,532 | 396,492 | 382,039 | 373,927 | 365,298 | 360,194 | 353,907 |
| Operating profit margin | 16.61% | 15.30% | 14.17% | 13.26% | 12.68% | 11.38% | 11.00% | 11.08% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $70,319K ÷ $423,324K
= 16.61%
The operating profit margin of N-Able Inc has shown a consistent upward trend over the past eight quarters, reflecting improving operational efficiency and profitability. From March 31, 2022 to December 31, 2023, the operating profit margin increased steadily from 11.08% to 16.61%. This indicates that the company has been able to generate more operating profit relative to its revenue over time.
The company's ability to control costs and increase profitability is evident in the improving trend of the operating profit margin. A higher operating profit margin suggests that N-Able Inc is managing its expenses effectively while increasing revenues, which bodes well for the company's financial health and potential future growth.
Overall, the consistent improvement in the operating profit margin of N-Able Inc indicates a positive trend in the company's operational efficiency and financial performance.
Peer comparison
Dec 31, 2023