Verra Mobility Corp (VRRM)

Operating profit margin

		Dec 31, 2024	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
Operating income (ttm)	US$ in thousands	137,809	204,618	199,901	194,773	188,904	207,525	193,850	182,800	164,705	159,400	155,776	142,121	111,866	85,216	58,610	20,154	37,816	51,925	73,316	97,902
Revenue (ttm)	US$ in thousands	879,207	868,720	853,102	835,137	817,310	792,367	780,090	763,116	741,598	725,508	689,947	631,117	550,590	480,773	415,586	366,738	393,593	405,891	437,223	466,989
Operating profit margin		15.67%	23.55%	23.43%	23.32%	23.11%	26.19%	24.85%	23.95%	22.21%	21.97%	22.58%	22.52%	20.32%	17.72%	14.10%	5.50%	9.61%	12.79%	16.77%	20.96%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $137,809K ÷ $879,207K
= 15.67%

The operating profit margin of Verra Mobility Corp has displayed fluctuations over the past few years. Starting at a relatively high level of 20.96% in March 2020, the margin decreased steadily to 9.61% by December 2020. This decline could indicate challenges or inefficiencies in the company's operations during that period.

However, from March 2021 to June 2022, there was a significant recovery in the operating profit margin, reaching a peak of 24.85%. This improvement suggests that Verra Mobility Corp implemented strategic initiatives or operational changes that positively impacted profitability during this period.

Subsequently, the operating profit margin experienced some slight fluctuations but generally remained at a relatively stable level between 21.97% and 26.19% from September 2022 to September 2023. This stability indicates consistent operational performance and efficiency during that timeframe.

However, there was a notable decline in the operating profit margin to 15.67% by December 2024. This drop could raise concerns about potential challenges or changes in the company's operations or cost structure during the period.

Overall, the trend in Verra Mobility Corp's operating profit margin reflects both periods of improvement and decline. It is essential for stakeholders to monitor the company's operational performance closely to understand the factors influencing these fluctuations and to assess the sustainability of its profitability levels.