Take-Two Interactive Software Inc (TTWO)

Operating profit margin

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Operating income	US$ in thousands	-3,590,600	-1,165,200	473,600	629,400	425,267
Revenue	US$ in thousands	5,349,600	5,349,900	3,496,870	3,369,920	3,084,420
Operating profit margin		-67.12%	-21.78%	13.54%	18.68%	13.79%

March 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $-3,590,600K ÷ $5,349,600K
= -67.12%

Take-Two Interactive Software Inc's operating profit margin has shown significant fluctuations over the past five years. The company experienced a sharp decline in operating profit margin from 13.79% in March 2020 to 18.68% in March 2021, followed by a further decrease to 13.54% in March 2022. However, there was a notable improvement in March 2023, with the operating profit margin increasing to -21.78%.

Unfortunately, in the most recent fiscal year ending on March 31, 2024, Take-Two Interactive Software Inc reported a significantly negative operating profit margin of -67.12%. This indicates that the company's operating expenses exceeded its operating profits by a substantial margin.

The negative operating profit margin in 2024 may raise concerns about Take-Two's ability to control costs and generate profits from its core operations. Investors and stakeholders may pay close attention to the company's future financial performance and management strategies to address the decline in operating profit margin.