VeriSign Inc (VRSN)

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	1,000,600	989,800	972,300	959,600	943,100	919,700	904,200	881,200	866,800	849,207	834,556	828,336	824,200	818,259	817,226	812,139	806,127	801,527	790,908	782,225
Revenue (ttm)	US$ in thousands	1,493,100	1,481,900	1,462,500	1,442,400	1,424,900	1,396,000	1,373,400	1,350,900	1,327,600	1,307,632	1,291,211	1,276,176	1,265,100	1,255,311	1,245,853	1,237,777	1,231,661	1,228,570	1,225,926	1,222,089
Operating profit margin		67.01%	66.79%	66.48%	66.53%	66.19%	65.88%	65.84%	65.23%	65.29%	64.94%	64.63%	64.91%	65.15%	65.18%	65.60%	65.61%	65.45%	65.24%	64.52%	64.01%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,000,600K ÷ $1,493,100K
= 67.01%

Verisign Inc. has demonstrated a stable and consistently high operating profit margin over the past eight quarters, with margins ranging from 65.23% to 67.01%. The company's operating profit margin has shown a slight upward trend from Q1 2022 to Q4 2023, indicating effective cost management and operational efficiency. This level of profitability indicates that Verisign is effectively controlling its operating expenses relative to its revenue generation. The company's ability to maintain such high operating profit margins suggests a strong business model and competitive advantage in its industry. Overall, the analysis of Verisign Inc.'s operating profit margin indicates financial stability and operational excellence.