NV5 Global Inc (NVEE)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 43,434 | 50,325 | 48,345 | 56,903 | 61,179 | 57,204 | 60,453 | 62,615 | 66,184 | 74,763 | 75,390 | 71,342 | 68,343 | 56,626 | 51,914 | 44,324 | 44,151 | 40,956 | 34,543 | 33,178 |
| Revenue (ttm) | US$ in thousands | 857,905 | 966,943 | 932,890 | 919,202 | 877,471 | 836,060 | 800,848 | 780,942 | 786,779 | 785,516 | 766,994 | 743,765 | 706,706 | 679,329 | 663,725 | 646,911 | 659,296 | 630,716 | 591,799 | 557,084 |
| Operating profit margin | 5.06% | 5.20% | 5.18% | 6.19% | 6.97% | 6.84% | 7.55% | 8.02% | 8.41% | 9.52% | 9.83% | 9.59% | 9.67% | 8.34% | 7.82% | 6.85% | 6.70% | 6.49% | 5.84% | 5.96% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $43,434K ÷ $857,905K
= 5.06%
The operating profit margin of NV5 Global Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The margin started at 5.96% in March 2020 and generally increased, reaching a peak of 9.83% in June 2022. However, there was a subsequent decline in the operating profit margin, dropping to 5.06% by December 31, 2024.
Overall, the company's operating profit margin demonstrated variability during the period under review, indicating fluctuations in its profitability relative to its operating revenue. Analyzing the reasons behind these fluctuations could provide insights into the company's operational efficiency and cost management strategies.
Peer comparison
Dec 31, 2024