Perdoceo Education Corp (PRDO)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 174,253 | 150,446 | 129,637 | 149,016 | 142,934 |
| Revenue | US$ in thousands | 681,263 | 710,004 | 695,208 | 693,034 | 687,314 |
| Operating profit margin | 25.58% | 21.19% | 18.65% | 21.50% | 20.80% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $174,253K ÷ $681,263K
= 25.58%
Perdoceo Education Corp's operating profit margin has shown fluctuations over the past five years, ranging from 18.65% to 25.58%. The company's operating profit margin was 20.80% in December 31, 2020, and it improved to 21.50% by December 31, 2021. However, there was a slight decline in the margin to 18.65% by December 31, 2022, before rebounding to 21.19% by December 31, 2023, and reaching its highest level of 25.58% by December 31, 2024.
This trend indicates some variability in the efficiency of Perdoceo Education Corp's operations in generating profits from its core business activities. The company's ability to control costs and improve operational performance has had a positive impact on its operating profit margin in recent years, culminating in a significant increase in profitability by the end of 2024. Monitoring and maintaining this positive trajectory will be essential for sustained financial success in the future.
Peer comparison
Dec 31, 2024