Progyny Inc (PGNY)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 67,455 | 65,468 | 71,199 | 65,696 | 62,184 | 51,690 | 44,756 | 38,410 | 23,341 | 19,847 | 17,657 | 20,475 | 32,340 | 33,689 | 29,452 | 16,724 | 8,348 | 8,331 | 6,572 |
| Revenue (ttm) | US$ in thousands | 1,167,818 | 1,140,069 | 1,135,369 | 1,111,361 | 1,091,902 | 1,036,101 | 959,749 | 874,714 | 787,727 | 700,482 | 617,337 | 551,196 | 501,082 | 473,730 | 450,213 | 385,920 | 344,979 | 309,953 | 272,210 |
| Operating profit margin | 5.78% | 5.74% | 6.27% | 5.91% | 5.70% | 4.99% | 4.66% | 4.39% | 2.96% | 2.83% | 2.86% | 3.71% | 6.45% | 7.11% | 6.54% | 4.33% | 2.42% | 2.69% | 2.41% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $67,455K ÷ $1,167,818K
= 5.78%
The operating profit margin of Progyny Inc has shown fluctuations over the periods from June 30, 2020, to December 31, 2024. Starting at 2.41% in June 2020, the margin increased to 7.11% by September 2021, indicating improvement in operational efficiency and profitability. However, there was a slight decline in the margin to 2.86% by June 2022, which continued to decrease to 2.83% by September 2022.
The operating profit margin then experienced a significant rise to 6.27% by June 2024, demonstrating a recovery in profitability for Progyny Inc. This positive trend was followed by a relatively stable margin around 5.70% to 5.91% from December 2023 to March 2024. Finally, the margin settled at 5.78% by December 31, 2024.
Overall, the operating profit margin of Progyny Inc indicates varying levels of profitability over the observed periods. Despite fluctuations, the company managed to improve its operational efficiency and generate stronger profits, showing resilience and potential for sustainable growth in the future.
Peer comparison
Dec 31, 2024