Thryv Holdings Inc (THRY)
Operating profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -255,410 | -186,219 | -194,403 | -200,017 | 94,114 | 144,570 | 197,160 | 218,082 | 171,336 | 206,055 | 177,093 | 190,013 | 202,165 | 157,757 | 154,998 | 152,013 | 158,712 | 209,424 | 216,897 | 202,367 |
| Revenue (ttm) | US$ in thousands | 873,723 | 877,693 | 905,030 | 916,961 | 960,166 | 1,056,994 | 1,139,568 | 1,202,388 | 1,167,459 | 1,184,099 | 1,141,151 | 1,113,382 | 1,115,871 | 1,058,906 | 1,071,471 | 1,109,435 | 1,154,858 | 1,274,299 | 1,349,703 | 1,421,374 |
| Operating profit margin | -29.23% | -21.22% | -21.48% | -21.81% | 9.80% | 13.68% | 17.30% | 18.14% | 14.68% | 17.40% | 15.52% | 17.07% | 18.12% | 14.90% | 14.47% | 13.70% | 13.74% | 16.43% | 16.07% | 14.24% |
September 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-255,410K ÷ $873,723K
= -29.23%
Thryv Holdings Inc's operating profit margin has shown fluctuations over the past few quarters. The company experienced negative operating profit margins in the recent quarters, with a notable decline from 9.80% in the third quarter of 2023 to -29.23% in the first quarter of 2024. This negative trend suggests that the company's operating expenses may have outpaced its revenues during these periods.
Prior to the recent decline, Thryv had been able to maintain positive operating profit margins, with the highest margin recorded at 18.14% in the fourth quarter of 2022. This indicates that the company was effectively generating profits from its operations and controlling its operating costs.
Overall, the variability in Thryv Holdings Inc's operating profit margin reflects inconsistencies in its operational efficiency and profitability. It would be important for the company to closely monitor and manage its operating expenses to improve its profitability and ensure sustainable growth in the future.