OSI Systems Inc (OSIS)

Operating profit margin

		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	Dec 31, 2019	Sep 30, 2019
Operating income (ttm)	US$ in thousands	189,061	183,394	166,368	139,538	135,279	117,685	111,774	115,369	121,749	116,046	120,086	123,358	115,371	104,973	96,132	96,693	104,887	109,121	117,616	116,404
Revenue (ttm)	US$ in thousands	1,538,758	1,464,019	1,361,502	1,283,864	1,272,725	1,200,950	1,188,538	1,169,622	1,180,808	1,174,471	1,167,781	1,167,109	1,142,760	1,087,192	1,096,288	1,125,621	1,161,565	1,175,951	1,187,352	1,185,215
Operating profit margin		12.29%	12.53%	12.22%	10.87%	10.63%	9.80%	9.40%	9.86%	10.31%	9.88%	10.28%	10.57%	10.10%	9.66%	8.77%	8.59%	9.03%	9.28%	9.91%	9.82%

June 30, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $189,061K ÷ $1,538,758K
= 12.29%

The operating profit margin of OSI Systems Inc has shown a consistent trend over the past few quarters, ranging between 8.59% and 12.53%. The company's operating profit margin peaked at 12.53% in March 2024 and has generally been above 9% in most quarters. This indicates that OSI Systems has been effective in managing its operating expenses relative to its revenue, translating into a healthy margin of profitability. The slight fluctuations in the margin suggest that the company may be experiencing some variability in its operating efficiency or cost management strategies, but overall, the trend indicates a solid performance in terms of generating profits from its core operations.