Insperity Inc (NSP)

Operating profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating income	US$ in thousands	218,549	250,239	173,329	194,689	186,633
Revenue	US$ in thousands	6,458,730	5,924,610	4,965,610	4,278,990	4,307,160
Operating profit margin		3.38%	4.22%	3.49%	4.55%	4.33%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $218,549K ÷ $6,458,730K
= 3.38%

The operating profit margin of Insperity Inc has shown some fluctuation in recent years. It decreased from 4.33% in 2019 to 4.54% in 2020 before declining further to 3.49% in 2021. However, there was a slight improvement in 2022 with the margin increasing to 4.21%. The latest available data for Dec 31, 2023, shows a further decrease in the operating profit margin to 3.37%. Overall, the trend indicates some inconsistency in the company's operational efficiency and ability to generate profit from its core business activities over the past five years.