Ollie's Bargain Outlet Hldg (OLLI)

Operating profit margin

		Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020
Operating income	US$ in thousands	227,799	130,918	204,592	277,500	171,855
Revenue	US$ in thousands	2,102,700	1,827,080	1,752,950	1,808,570	1,407,980
Operating profit margin		10.83%	7.17%	11.67%	15.34%	12.21%

February 3, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $227,799K ÷ $2,102,700K
= 10.83%

The operating profit margin of Ollie's Bargain Outlet Hldg has shown fluctuations over the past five years. In the most recent fiscal year ending on February 3, 2024, the operating profit margin was recorded at 10.83%, indicating that the company generated approximately $0.1083 in operating profit for every $1 of sales revenue. This figure represents an increase compared to the prior year when the margin stood at 7.17%, suggesting an improvement in operational efficiency.

Looking further back, the operating profit margins for the fiscal years ending in January 29, 2022, and January 30, 2021, were 11.67% and 15.34%, respectively. These percentages demonstrate Ollie's ability to effectively control costs and generate profits from its core business activities. However, in the fiscal year ending on February 1, 2020, the operating profit margin decreased to 12.21%, signaling a temporary decline in profitability.

Overall, Ollie's Bargain Outlet Hldg has demonstrated varying levels of operating profit margins over the past five years, with fluctuations likely influenced by factors such as changes in sales revenue, operating expenses, and overall economic conditions. Monitoring this key financial ratio can provide valuable insights into the company's operational performance and efficiency in converting sales into profits.