Urban Outfitters Inc (URBN)

Operating profit margin

		Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019	Apr 30, 2019
Operating income (ttm)	US$ in thousands	369,795	349,709	298,049	251,769	226,623	242,681	301,265	381,300	408,566	390,038	372,644	276,210	3,972	7,767	-15,472	-6,830	231,925	307,558	328,646	367,437
Revenue (ttm)	US$ in thousands	5,141,360	5,044,760	4,939,370	4,850,560	4,788,820	4,741,910	4,698,940	4,673,270	4,548,755	4,303,975	4,142,162	3,787,708	3,434,248	3,501,798	3,519,660	3,678,723	3,969,181	3,939,611	3,925,675	3,955,800
Operating profit margin		7.19%	6.93%	6.03%	5.19%	4.73%	5.12%	6.41%	8.16%	8.98%	9.06%	9.00%	7.29%	0.12%	0.22%	-0.44%	-0.19%	5.84%	7.81%	8.37%	9.29%

January 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $369,795K ÷ $5,141,360K
= 7.19%

Urban Outfitters Inc's operating profit margin has fluctuated over the past several quarters. The company's operating profit margin was relatively stable at around 7-9% during the period from July 2021 to July 2022, indicating efficient cost management and strong operating performance. However, there was a significant decline in the operating profit margin in the quarter ending January 2023, dropping to 4.73%. This could suggest increased costs relative to revenues during that period.

Subsequently, there was a gradual improvement in the operating profit margin until October 2023 when it reached 6.93%. This improvement may indicate successful efforts to control costs and enhance profitability. In the most recent quarter ending January 2024, the operating profit margin further increased to 7.19%, demonstrating a positive trend in the company's operational efficiency.

Overall, Urban Outfitters Inc's operating profit margin has shown variability but has generally remained within a reasonable range, reflecting both challenges and successes in managing costs and optimizing operational performance. Monitoring this ratio over time will be important to assess the company's ongoing financial health and profitability.