Synopsys Inc (SNPS)
Operating profit margin
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,355,710 | 1,273,240 | 1,162,040 | 734,790 | 620,141 |
| Revenue | US$ in thousands | 6,127,440 | 5,842,620 | 5,081,540 | 4,204,190 | 3,685,280 |
| Operating profit margin | 22.13% | 21.79% | 22.87% | 17.48% | 16.83% |
October 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,355,710K ÷ $6,127,440K
= 22.13%
Synopsys Inc's operating profit margin has shown a generally increasing trend over the past five years. The company's operating profit margin was 22.13% in 2024, a slight improvement from 21.79% in 2023 and 22.87% in 2022. This upward trend indicates effective cost management and higher efficiency in generating profits from its core operations. In comparison, the operating profit margin was lower in 2021 at 17.48% and in 2020 at 16.83%, which suggests the company has made significant improvements in profitability over the last few years. Overall, Synopsys Inc's operating profit margin demonstrates a positive performance trajectory, reflecting strong operational effectiveness.
Peer comparison
Oct 31, 2024