PTC Inc (PTC)

Operating profit margin

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Operating income	US$ in thousands	588,062	458,474	447,362	380,748	210,863
Revenue	US$ in thousands	2,299,910	1,970,280	1,874,120	1,753,120	1,384,550
Operating profit margin		25.57%	23.27%	23.87%	21.72%	15.23%

September 30, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $588,062K ÷ $2,299,910K
= 25.57%

PTC Inc's operating profit margin has shown a consistent improvement over the past five years, with a notable increase from 15.23% in September 2020 to 25.57% in September 2024. This indicates that the company's profitability from its core operations has been gradually strengthening. The upward trend in operating profit margin suggests that PTC Inc has been effectively managing its operating costs and generating higher returns relative to its revenue. This improvement reflects positively on the company's operational efficiency and financial health.