Penguin Solutions, Inc. (PENG)
Operating profit margin
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 18,295 | 8,745 | 67,176 | -15,706 | 41,330 |
| Revenue | US$ in thousands | 1,170,800 | 1,441,250 | 1,395,880 | 1,055,530 | 1,122,380 |
| Operating profit margin | 1.56% | 0.61% | 4.81% | -1.49% | 3.68% |
August 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $18,295K ÷ $1,170,800K
= 1.56%
The operating profit margin of Penguin Solutions, Inc. exhibits notable fluctuations over the analyzed period from August 31, 2020, to August 31, 2024. In 2020, the company demonstrated a healthy operating profit margin of 3.68%, indicating effective cost management and profitable core operations. However, in 2021, this metric declined sharply to -1.49%, signifying an operating loss, which could reflect increased costs, decreased revenues, or both, potentially due to economic pressures or operational challenges faced during that period.
By 2022, the operating profit margin rebounded to 4.81%, surpassing previous levels and suggesting a period of improved operational efficiency or revenue growth. Yet, this positive trajectory was interrupted in 2023, when the margin decreased significantly to 0.61%, nearing breakeven but still indicating limited profitability. Moving into 2024, the margin increased modestly to 1.56%, implying a slight but positive shift in operational performance.
Overall, the company’s operating profit margin has experienced volatility over the examined timeframe, reflecting variability in operating efficiency and profitability. While there have been periods of recovery and slight improvements, the overall trend suggests fluctuations consistent with changing operational or market conditions that influence Penguin Solutions, Inc.'s profitability.
Peer comparison
Aug 31, 2024