Verizon Communications Inc (VZ)

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	22,877,000	29,502,000	29,923,000	30,255,000	30,467,000	30,850,000	31,861,000	32,474,000	32,448,000	32,020,000	30,793,000	29,989,000	28,798,000	28,257,000	28,759,000	29,248,000	30,378,000	24,376,000	23,871,000	22,638,000
Revenue (ttm)	US$ in thousands	133,974,000	134,095,000	135,000,000	136,193,000	136,835,000	135,651,000	134,325,000	134,300,000	133,613,000	134,238,000	132,866,000	129,549,000	128,292,000	128,375,000	129,726,000	131,350,000	131,868,000	131,374,000	131,087,000	131,219,000
Operating profit margin		17.08%	22.00%	22.17%	22.21%	22.27%	22.74%	23.72%	24.18%	24.29%	23.85%	23.18%	23.15%	22.45%	22.01%	22.17%	22.27%	23.04%	18.55%	18.21%	17.25%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $22,877,000K ÷ $133,974,000K
= 17.08%

Verizon Communications Inc's operating profit margin has shown a consistent downward trend over the past year, declining from 24.29% in Q1 2022 to 21.40% in Q4 2023. This indicates that the company's ability to generate profits from its operations has weakened over this period. The decreasing trend in the operating profit margin may be a cause of concern for investors and stakeholders, as it reflects potential challenges in controlling costs and maintaining profitability. Further analysis of the company's financial performance and operational efficiency is recommended to better understand the reasons behind this decline and to identify potential areas for improvement.