ePlus inc (PLUS)
Operating profit margin
| 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 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 158,257 | 171,656 | 180,067 | 179,311 | 166,162 | 158,224 | 147,851 | 148,047 | 147,316 | 136,430 | 129,608 | 113,790 | 106,335 | 100,623 | 97,625 | 97,515 | 95,279 | 91,871 | 85,629 | 81,824 |
| Revenue (ttm) | US$ in thousands | 2,225,302 | 2,163,018 | 2,277,439 | 2,183,534 | 2,067,718 | 2,027,060 | 1,898,418 | 1,862,729 | 1,821,019 | 1,722,107 | 1,654,877 | 1,629,941 | 1,568,323 | 1,582,192 | 1,583,579 | 1,562,063 | 1,588,404 | 1,547,362 | 1,464,035 | 1,397,513 |
| Operating profit margin | 7.11% | 7.94% | 7.91% | 8.21% | 8.04% | 7.81% | 7.79% | 7.95% | 8.09% | 7.92% | 7.83% | 6.98% | 6.78% | 6.36% | 6.16% | 6.24% | 6.00% | 5.94% | 5.85% | 5.85% |
March 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $158,257K ÷ $2,225,302K
= 7.11%
The operating profit margin of ePlus inc has shown fluctuations over the past 20 quarters. The margin ranged from a low of 5.85% in June 2019 to a high of 8.21% in June 2023. Overall, the trend has shown some variability, with occasional peaks and troughs, but generally staying within the range of 6% to 8%.
During the recent quarters, the operating profit margin has been relatively stable, hovering around the 7-8% range. This indicates that the company has been able to generate a reasonable level of operating profit relative to its sales during these periods.
It is important for ePlus inc to continue monitoring and analyzing its operating profit margin closely to ensure sustainable profitability and operational efficiency in the long term. This can help the company make informed decisions regarding cost management, pricing strategies, and overall performance improvement.
Peer comparison
Mar 31, 2024