Perficient Inc (PRFT)

Operating profit margin

		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	Mar 31, 2019
Operating income (ttm)	US$ in thousands	137,500	142,500	143,500	147,239	144,309	138,527	133,341	119,896	105,932	89,728	77,379	63,024	55,254	55,453	55,596	57,238	55,332	51,120	44,573	39,683
Revenue (ttm)	US$ in thousands	906,505	918,304	922,718	914,351	905,062	887,193	852,099	813,497	760,727	708,551	669,372	631,575	607,796	590,401	581,744	577,274	565,527	552,070	531,319	511,248
Operating profit margin		15.17%	15.52%	15.55%	16.10%	15.94%	15.61%	15.65%	14.74%	13.93%	12.66%	11.56%	9.98%	9.09%	9.39%	9.56%	9.92%	9.78%	9.26%	8.39%	7.76%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $137,500K ÷ $906,505K
= 15.17%

Operating profit margin is a key financial metric used to evaluate a company's efficiency in generating profits from its core operations. Perficient Inc.'s operating profit margin has shown some fluctuations over the past eight quarters, ranging from a high of 16.39% in Q1 2023 to a low of 14.55% in Q4 2023.

Overall, the company has maintained a relatively stable operating profit margin, with the average margin over the period being around 15.70%. This indicates that Perficient Inc. has been able to effectively control its operating expenses and generate profits from its core business activities.

The slight fluctuations in the operating profit margin may be influenced by various factors such as changes in revenue, cost management strategies, and economic conditions. It is important for investors and stakeholders to closely monitor these trends to assess the company's operational efficiency and profitability performance.