NetScout Systems Inc (NTCT)

Operating profit margin

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Operating income	US$ in thousands	-149,826	77,664	48,634	37,130	17,638
Revenue	US$ in thousands	829,455	914,530	855,575	831,282	891,820
Operating profit margin		-18.06%	8.49%	5.68%	4.47%	1.98%

March 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $-149,826K ÷ $829,455K
= -18.06%

NetScout Systems Inc's operating profit margin has fluctuated over the past five years. In the most recent fiscal year ending on March 31, 2024, the operating profit margin was -18.06%, indicating that the company's operating expenses exceeded its operating income, resulting in a negative margin. This significant decline from the previous year's margin of 8.49% raises concerns about the company's operational efficiency.

In the fiscal year ending on March 31, 2023, NetScout Systems Inc experienced a notable improvement in its operating profit margin, rising to 8.49% from 5.68% in the prior year. This suggests that the company was able to effectively control costs and improve profitability during this period.

Further back, in the fiscal years ending on March 31, 2022, 2021, and 2020, NetScout Systems Inc's operating profit margin showed a gradual increase, with margins of 5.68%, 4.47%, and 1.98%, respectively. These positive trends signal an improvement in the company's ability to generate profits from its core operations over time.

Overall, NetScout Systems Inc's operating profit margin has displayed fluctuations over the past five years, with the most recent year showing a concerning negative margin. This variability highlights the importance of continuous monitoring and management of operating expenses to ensure sustained profitability in the future.