VeriSign Inc (VRSN)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,058,200 | 1,000,600 | 943,100 | 866,800 | 824,200 |
| Revenue | US$ in thousands | 1,557,400 | 1,493,100 | 1,424,900 | 1,327,600 | 1,265,100 |
| Operating profit margin | 67.95% | 67.01% | 66.19% | 65.29% | 65.15% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,058,200K ÷ $1,557,400K
= 67.95%
VeriSign Inc's operating profit margin has shown a consistent upward trend over the years, indicating effective cost management and operational efficiency. Starting at 65.15% in December 2020, the margin increased to 67.95% by December 2024. This improvement suggests that the company has been able to generate more operating income relative to its revenue, potentially through optimizing its operational processes and controlling expenses. A rising operating profit margin is a positive indicator of the company's profitability and ability to generate earnings from its core business activities.
Peer comparison
Dec 31, 2024