Proto Labs Inc (PRLB)
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 | 28,167 | -97,360 | -101,717 | -102,124 | -97,983 | 32,199 | 33,068 | 43,971 | 40,342 | 38,283 | 49,025 | 47,272 | 59,836 | 68,407 | 72,011 | 77,233 | 79,856 | 80,449 | 84,207 | 86,618 |
| Revenue (ttm) | US$ in thousands | 502,822 | 494,378 | 485,394 | 490,031 | 488,340 | 495,725 | 499,346 | 495,492 | 487,616 | 469,888 | 452,050 | 435,577 | 434,393 | 441,076 | 451,027 | 460,384 | 458,728 | 459,608 | 457,583 | 451,303 |
| Operating profit margin | 5.60% | -19.69% | -20.96% | -20.84% | -20.06% | 6.50% | 6.62% | 8.87% | 8.27% | 8.15% | 10.85% | 10.85% | 13.77% | 15.51% | 15.97% | 16.78% | 17.41% | 17.50% | 18.40% | 19.19% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $28,167K ÷ $502,822K
= 5.60%
Proto Labs Inc's operating profit margin has shown fluctuations over the past eight quarters. In the most recent quarter, Q4 2023, the operating profit margin was 5.63%, representing an increase from the previous quarter. However, compared to the same quarter in the previous year, the margin has slightly decreased.
The trend over the past year indicates that the operating profit margin has generally been declining, with Q1 2022 showing the highest margin at 8.86%. The decreasing trend could be a cause for concern, as it may indicate that the company's operating efficiency and profitability have been weakening.
It is essential for Proto Labs Inc to closely monitor and analyze the factors contributing to the fluctuating operating profit margins, such as changes in costs, pricing strategies, and operational efficiencies, in order to make informed decisions and improve profitability in the future.
Peer comparison
Dec 31, 2023