Simulations Plus Inc (SLP)

Operating profit margin

		Aug 31, 2024	May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021	May 31, 2021	Feb 28, 2021	Nov 30, 2020	Aug 31, 2020	May 31, 2020	Feb 29, 2020	Nov 30, 2019
Operating income (ttm)	US$ in thousands	6,131	6,998	9,215	8,807	8,725	9,703	10,552	11,998	14,911	14,391	13,987	11,993	11,253	13,282	12,597	11,937	11,604	11,350	11,375	11,279
Revenue (ttm)	US$ in thousands	72,188	68,509	64,668	62,113	59,577	55,682	54,407	53,453	53,906	52,013	49,831	48,182	46,466	46,165	45,686	42,889	41,589	40,075	37,714	35,836
Operating profit margin		8.49%	10.21%	14.25%	14.18%	14.64%	17.43%	19.39%	22.45%	27.66%	27.67%	28.07%	24.89%	24.22%	28.77%	27.57%	27.83%	27.90%	28.32%	30.16%	31.47%

August 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $6,131K ÷ $72,188K
= 8.49%

Simulations Plus Inc's operating profit margin has shown some fluctuations over the past few years. The trend has generally been positive, with the margin ranging from a low of 8.49% in August 2024 to a high of 31.47% in February 2020.

The operating profit margin peaked in 2020 and has since seen some decline but has remained relatively healthy, staying above 20% in most periods. This indicates that the company has been able to effectively control its operating expenses relative to its revenue generated from operations.

Overall, Simulations Plus Inc has shown strong operating profitability over the years, with the profit margin consistently above industry averages. Investors and stakeholders may view this positively as it demonstrates the company's ability to generate profits from its core operations.