Oracle Corporation (ORCL)
Operating profit margin
| May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 15,354,000 | 14,808,000 | 14,318,000 | 13,767,000 | 13,094,000 | 13,456,000 | 14,018,000 | 10,123,000 | 10,927,000 | 10,966,000 | 11,022,000 | 15,429,000 | 15,213,000 | 14,980,000 | 14,630,000 | 14,230,000 | 13,896,000 | 13,845,000 | 13,716,000 | 13,634,000 |
| Revenue (ttm) | US$ in thousands | 52,960,000 | 52,432,000 | 51,522,000 | 50,865,000 | 49,953,000 | 75,826,000 | 74,208,000 | 72,479,000 | 70,880,000 | 68,919,000 | 68,584,000 | 68,133,000 | 67,848,000 | 66,437,000 | 66,252,000 | 66,195,000 | 66,165,000 | 66,603,000 | 66,398,000 | 66,292,000 |
| Operating profit margin | 28.99% | 28.24% | 27.79% | 27.07% | 26.21% | 17.75% | 18.89% | 13.97% | 15.42% | 15.91% | 16.07% | 22.65% | 22.42% | 22.55% | 22.08% | 21.50% | 21.00% | 20.79% | 20.66% | 20.57% |
May 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $15,354,000K ÷ $52,960,000K
= 28.99%
Oracle Corporation's operating profit margin has shown a general upward trend over the past two years, with the margin steadily increasing from 20.57% in November 2019 to 28.99% in May 2024. This indicates that the company has been effectively managing its operating expenses relative to its revenue, resulting in higher profitability.
There are some fluctuations in the operating profit margin over this period, with slight declines in some quarters, such as in February 2023 and August 2022. However, overall, the margins have remained relatively strong, consistently above 20%.
The significant increase in the operating profit margin from February 2023 (17.75%) to May 2023 (26.21%) suggests that Oracle made improvements in its operating efficiency during that period. Subsequently, the margin continued to improve reaching its peak in the most recent quarter, May 2024.
Overall, Oracle Corporation's operating profit margin demonstrates a positive trend, indicating efficient cost management and higher profitability over the analyzed period.
Peer comparison
May 31, 2024