Yelp Inc (YELP)
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 | 79,043 | 87,412 | 58,963 | 56,222 | 58,353 | 44,562 | 52,783 | 35,701 | 31,514 | 26,400 | 14,080 | -20,188 | -38,795 | -35,628 | -35,403 | 12,143 | 35,511 | 30,587 | 31,418 | 26,842 |
| Revenue (ttm) | US$ in thousands | 1,350,662 | 1,317,426 | 1,280,874 | 1,241,811 | 1,205,528 | 1,169,086 | 1,128,644 | 1,086,054 | 1,040,559 | 999,594 | 950,952 | 862,967 | 880,779 | 914,397 | 954,062 | 1,030,022 | 1,014,286 | 989,203 | 967,920 | 955,870 |
| Operating profit margin | 5.85% | 6.64% | 4.60% | 4.53% | 4.84% | 3.81% | 4.68% | 3.29% | 3.03% | 2.64% | 1.48% | -2.34% | -4.40% | -3.90% | -3.71% | 1.18% | 3.50% | 3.09% | 3.25% | 2.81% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $79,043K ÷ $1,350,662K
= 5.85%
Based on the provided data, Yelp Inc's operating profit margin has shown some fluctuations over the past eight quarters. In Q4 2023, the operating profit margin was 5.91%, which decreased from the previous quarter's 6.70%. Despite this decline, the Q4 2023 operating profit margin was higher compared to the same quarter in 2022, where it was 4.89%.
Overall, the operating profit margin for Yelp Inc has generally shown a positive trend over the past year, with some variability from quarter to quarter. It is worth noting that the company's operating profit margin in Q3 2023 was the highest at 6.70% and the lowest in Q1 2022 at 3.32%.
In conclusion, although there have been fluctuations in Yelp Inc's operating profit margin, the company has maintained relatively healthy levels of profitability in its operations over the analyzed quarters.
Peer comparison
Dec 31, 2023