NCR Voyix Corporation (VYX)
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 | 37,000 | 225,000 | 209,000 | 245,000 | 249,000 | 314,000 | 416,000 | 397,000 | 474,000 | 288,000 | 249,000 | 254,000 | 221,000 | 466,000 | 520,000 | 588,000 | 611,000 | 492,000 | 445,000 | 182,000 |
| Revenue (ttm) | US$ in thousands | 6,589,000 | 7,570,000 | 7,531,000 | 7,566,000 | 7,558,000 | 7,865,000 | 7,767,000 | 7,454,000 | 7,156,000 | 6,536,000 | 6,332,000 | 6,203,000 | 6,207,000 | 6,462,000 | 6,656,000 | 6,882,000 | 6,915,000 | 6,830,000 | 6,597,000 | 6,424,000 |
| Operating profit margin | 0.56% | 2.97% | 2.78% | 3.24% | 3.29% | 3.99% | 5.36% | 5.33% | 6.62% | 4.41% | 3.93% | 4.09% | 3.56% | 7.21% | 7.81% | 8.54% | 8.84% | 7.20% | 6.75% | 2.83% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $37,000K ÷ $6,589,000K
= 0.56%
The operating profit margin of NCR Voyix Corporation has shown some fluctuations over the past few quarters. In the most recent quarter, ending December 31, 2023, the operating profit margin was 0.56%, which represents a decrease from the previous quarter where it was 2.97%. This decline may indicate a decrease in the company's ability to generate profits from its core business operations.
Looking back over the past several quarters, the operating profit margin has generally been within the range of 2.78% to 8.84%. The highest operating profit margin was recorded in the first quarter of 2020 at 8.84%, indicating a period of strong profitability for the company. However, there have been periods of lower operating profit margins as well, such as in the third quarter of 2020 and the last two quarters of 2023.
Overall, it is important for NCR Voyix Corporation to closely monitor its operating profit margin and identify the factors contributing to fluctuations in profitability. By analyzing the underlying causes of these changes, the company can implement strategic measures to improve its operational efficiency and profitability in the future.