Perdoceo Education Corp (PRDO)

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 Mar 31, 2020
Operating income (ttm) US$ in thousands 174,253 153,021 151,300 153,388 150,446 157,177 153,397 139,249 139,606 151,508 150,076 152,092 149,016 150,629 144,842 146,248 142,934 138,758 130,978 93,794
Revenue (ttm) US$ in thousands 681,263 652,751 662,846 682,670 710,004 738,230 726,727 707,847 695,208 678,922 684,500 692,355 693,034 704,334 699,462 699,958 687,314 674,606 660,439 640,845
Operating profit margin 25.58% 23.44% 22.83% 22.47% 21.19% 21.29% 21.11% 19.67% 20.08% 22.32% 21.92% 21.97% 21.50% 21.39% 20.71% 20.89% 20.80% 20.57% 19.83% 14.64%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $174,253K ÷ $681,263K
= 25.58%

Perdoceo Education Corp's operating profit margin has shown a generally positive trend over the past few years, indicating improved operational efficiency and profitability.

Starting at 14.64% in March 2020, the operating profit margin increased steadily to reach 25.58% by December 2024. This trend suggests that the company has been effectively managing its costs and expenses relative to its revenue generation.

While there were fluctuations in the operating profit margin from quarter to quarter, with some periods showing slight decreases, the overall trajectory has been upward. Notably, there were substantial improvements in the operating profit margin between September 2022 and December 2024, indicating successful efforts in optimizing operational performance and enhancing the company's financial health.

It is important for stakeholders to monitor this metric to assess the company's ability to generate profits from its core operations and to evaluate the efficiency of its business model. Overall, the increasing trend in Perdoceo Education Corp's operating profit margin reflects positive developments in its operational performance and financial sustainability.