Viavi Solutions Inc (VIAV)

Operating profit margin

		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	Sep 30, 2019
Operating income (ttm)	US$ in thousands	20,800	38,300	48,100	48,600	82,400	118,600	161,500	187,900	185,000	169,700	164,800	157,800	142,200	152,800	126,000	128,700	118,100	102,600	101,400	89,300
Revenue (ttm)	US$ in thousands	1,000,400	1,012,000	1,013,800	1,043,800	1,106,100	1,177,800	1,245,500	1,275,800	1,292,400	1,268,000	1,255,900	1,241,000	1,198,900	1,154,600	1,107,400	1,121,200	1,136,300	1,159,400	1,168,400	1,161,600
Operating profit margin		2.08%	3.78%	4.74%	4.66%	7.45%	10.07%	12.97%	14.73%	14.31%	13.38%	13.12%	12.72%	11.86%	13.23%	11.38%	11.48%	10.39%	8.85%	8.68%	7.69%

June 30, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $20,800K ÷ $1,000,400K
= 2.08%

Viavi Solutions Inc's operating profit margin has shown some fluctuations over the past few quarters. The trend indicates a general decrease from a high of 14.73% in September 2022 to a low of 2.08% in June 2024. This suggests that the company's profitability from its core operations has been less stable in recent periods.

During the most recent quarter, the operating profit margin was relatively low at 2.08%, which may raise concerns about the company's ability to generate profits from its regular business activities. However, it is worth noting that Viavi Solutions Inc has experienced periods of higher operating profit margins in the past, notably in December 2022 and March 2023, when the margins were above 10%.

Overall, it is essential for investors and analysts to closely monitor Viavi Solutions Inc's operating profit margin trend to assess the company's financial performance and stability. fluctuations could be due to various factors such as changes in revenues, operating expenses, or other external market conditions that impact the company's profitability.