Upbound Group Inc. (UPBD)
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 | 162,865 | 149,308 | 128,333 | 102,383 | 148,539 | 143,029 | 173,098 | 221,536 | 280,539 | 298,350 | 311,391 | 258,507 | 237,336 | 250,531 | 209,191 | 285,385 | 253,859 | 199,649 | 186,434 | 83,756 |
| Revenue (ttm) | US$ in thousands | 3,992,411 | 3,964,780 | 4,009,642 | 4,101,739 | 4,245,399 | 4,426,370 | 4,583,680 | 4,706,400 | 4,583,460 | 4,128,521 | 3,659,266 | 3,149,032 | 2,814,191 | 2,765,562 | 2,702,918 | 2,675,097 | 2,669,852 | 2,663,740 | 2,659,311 | 2,659,116 |
| Operating profit margin | 4.08% | 3.77% | 3.20% | 2.50% | 3.50% | 3.23% | 3.78% | 4.71% | 6.12% | 7.23% | 8.51% | 8.21% | 8.43% | 9.06% | 7.74% | 10.67% | 9.51% | 7.50% | 7.01% | 3.15% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $162,865K ÷ $3,992,411K
= 4.08%
The operating profit margin of Upbound Group Inc. has shown fluctuations over the past years, ranging from a low of 2.50% in March 2023 to a high of 10.67% in March 2020. The trend indicates that the company's profitability from core operations has varied, with some quarters showing stronger performance than others.
In recent quarters, there has been a gradual decline in the operating profit margin, with the margin decreasing from 4.08% in December 2023 to 3.77% in September 2023. This trend suggests that the company may be facing challenges in maintaining profitability levels or controlling costs during this period.
It is essential for Upbound Group Inc. to closely monitor its operating expenses, revenue generation, and overall operational efficiency to improve its operating profit margin. Strategies such as cost-saving initiatives, pricing adjustments, and revenue growth plans may be necessary to enhance profitability and ensure sustainable financial performance in the future.
Peer comparison
Dec 31, 2023