Insperity Inc (NSP)

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	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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Operating income (ttm)	US$ in thousands	218,549	247,141	240,308	272,851	250,239	214,055	201,027	187,900	173,329	166,359	155,528	193,292	194,689	214,699	220,660	186,393	186,633	191,533	204,933	199,794
Revenue (ttm)	US$ in thousands	6,458,730	6,369,930	6,261,170	6,112,150	5,924,610	5,729,730	5,502,310	5,256,290	4,965,620	4,730,930	4,529,360	4,337,107	4,278,987	4,299,447	4,334,627	4,385,160	4,309,370	4,201,036	4,083,718	3,963,225
Operating profit margin		3.38%	3.88%	3.84%	4.46%	4.22%	3.74%	3.65%	3.57%	3.49%	3.52%	3.43%	4.46%	4.55%	4.99%	5.09%	4.25%	4.33%	4.56%	5.02%	5.04%

December 31, 2023 calculation

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

Insperity Inc's operating profit margin has been relatively stable over the past eight quarters, ranging from 3.37% to 4.45%. The highest operating profit margin was observed in Q1 2023 at 4.45%, while the lowest was in Q4 2023 at 3.37%. The company's operating profit margin indicates the efficiency of its operations in generating profits from revenue after accounting for operating expenses. Despite some fluctuations, overall, the trend shows a moderate level of profitability, with the company consistently maintaining an operating profit margin above 3%. Additional analysis and comparison with industry peers or historical data could provide further insights into the company's operational performance and profitability.