VeriSign Inc (VRSN)
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 | 1,058,200 | 1,050,700 | 1,035,700 | 1,018,200 | 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 |
Revenue (ttm) | US$ in thousands | 1,557,400 | 1,542,400 | 1,528,100 | 1,513,000 | 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 |
Operating profit margin | 67.95% | 68.12% | 67.78% | 67.30% | 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% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,058,200K ÷ $1,557,400K
= 67.95%
VeriSign Inc has shown a consistent trend of improvement in its operating profit margin over the years, with the margin steadily increasing from 65.61% in March 2020 to 67.95% in December 2024. The company has been able to maintain strong profitability levels, with margins consistently above 65% during the period analyzed.
The company's ability to sustain and enhance its operating profit margin indicates effective cost management strategies, operational efficiency, and potentially pricing power in its industry. This steady increase in operating profit margin reflects positively on the company's overall financial performance and demonstrates its ability to generate profits from its core business operations.
Overall, the trend of increasing operating profit margins for VeriSign Inc shows a positive trajectory and implies sustained profitability and financial strength for the company.
Peer comparison
Dec 31, 2024