ZoomInfo Technologies Inc (ZI)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|
| Operating income | US$ in thousands | 259,500 | 175,800 | 113,300 | 37,100 |
| Revenue | US$ in thousands | 1,190,000 | 1,050,400 | 695,600 | 392,000 |
| Operating profit margin | 21.81% | 16.74% | 16.29% | 9.46% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $259,500K ÷ $1,190,000K
= 21.81%
ZoomInfo Technologies Inc.'s operating profit margin has shown a fluctuating trend over the past five years. In 2023, the operating profit margin reached 21.77%, marking a significant improvement from the previous year's 16.38%. This increase indicates enhanced operational efficiency and cost management within the company.
Comparing to 2021 and 2020, where the company achieved operating profit margins of 18.34% and 10.69% respectively, the latest figure demonstrates a notable positive trend in profitability. Additionally, the operating profit margin in 2023 also surpasses the margin reported in 2019, which stood at 15.06%.
Overall, the rising trend in the operating profit margin reflects improved profitability and effectiveness in generating profits from operations for ZoomInfo Technologies Inc.
Peer comparison
Dec 31, 2023