ScanSource Inc (SCSC)
Operating profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 90,324 | 135,886 | 122,167 | 61,483 | -64,967 |
| Revenue | US$ in thousands | 3,271,770 | 3,765,770 | 3,521,330 | 3,143,030 | 3,034,980 |
| Operating profit margin | 2.76% | 3.61% | 3.47% | 1.96% | -2.14% |
June 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $90,324K ÷ $3,271,770K
= 2.76%
Operating profit margin measures the company's efficiency in generating profits from its core operations. ScanSource Inc's operating profit margin has fluctuated over the past five years. In 2024, the operating profit margin was 2.76%, down from 3.61% in 2023 and 3.47% in 2022. This decline could indicate a decrease in operational efficiency or an increase in operating expenses relative to revenues.
Comparing the recent performance to 2021 and 2020, there has been an improvement as the operating profit margin was only 1.96% in 2021 and -2.14% in 2020. The negative operating profit margin in 2020 indicates that the company was not able to generate profits from its core operations and may have incurred significant operating losses.
Overall, ScanSource Inc's operating profit margin has shown variability in recent years, underscoring the importance of closely monitoring operational efficiency and cost management to sustain profitability.
Peer comparison
Jun 30, 2024