ePlus inc (PLUS)
Operating profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 158,257 | 166,162 | 147,316 | 106,335 | 95,279 |
| Revenue | US$ in thousands | 2,225,300 | 2,067,720 | 1,821,020 | 1,568,320 | 1,588,400 |
| Operating profit margin | 7.11% | 8.04% | 8.09% | 6.78% | 6.00% |
March 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $158,257K ÷ $2,225,300K
= 7.11%
ePlus inc's operating profit margin has shown some fluctuations over the past five years. The trend indicates a slight decrease in operating profit margin from 8.09% in 2022 to 7.11% in 2024.
The company experienced a peak in operating profit margin in 2022 at 8.09%, which then declined to 7.11% in 2024. However, the operating profit margin has generally remained within a relatively narrow range between 6.00% and 8.09% over the five-year period.
It is important for ePlus inc to closely monitor and manage its operating expenses and revenues to improve and maintain its operating profit margin. Analyzing the factors influencing these fluctuations can provide valuable insights for strategic decision-making and performance improvement.
Peer comparison
Mar 31, 2024