Super Micro Computer Inc (SMCI)

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	869,811	713,529	761,142	699,600	690,295	526,162	335,167	209,035	136,313	122,629	123,947	94,294	92,785	83,235	85,654	106,366	103,679	101,605	97,233	305,254
Revenue (ttm)	US$ in thousands	9,252,750	7,391,030	7,123,490	6,574,090	6,646,280	6,015,500	5,196,100	4,629,620	4,170,011	3,827,897	3,557,417	3,384,563	3,261,090	3,301,727	3,339,281	3,297,389	3,268,480	3,329,046	3,500,360	3,324,294
Operating profit margin		9.40%	9.65%	10.68%	10.64%	10.39%	8.75%	6.45%	4.52%	3.27%	3.20%	3.48%	2.79%	2.85%	2.52%	2.57%	3.23%	3.17%	3.05%	2.78%	9.18%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $869,811K ÷ $9,252,750K
= 9.40%

Super Micro Computer Inc has shown a fluctuating trend in its operating profit margin over the past eight quarters. The operating profit margin has ranged from a low of 4.52% in Q3 2022 to a high of 10.68% in Q4 2023. This indicates variability in the company's ability to generate profits from its core operations. Despite this variability, the company has maintained relatively healthy operating profit margins above 8% in most quarters, with the two most recent quarters (Q1 2024 and Q2 2024) showing margins above 9%. This suggests improved profitability in the recent quarters compared to the earlier periods. Overall, Super Micro Computer Inc's operating profit margin performance indicates a mix of fluctuations and improvements in its operational efficiency and profitability over the analyzed period.