BitVentures (BVC) Operating Margin (2020 - 2023)
BitVentures' (BVC) quarterly Operating Margin came in at 9.03% in Q2 2023, down 1343.0% year-over-year from 0.73% in Q2 2022, and down 59.8% quarter-over-quarter from 22.46% in Q2 2022.
Analysis
BitVentures (BVC) Operating Margin (2020 - 2023) Analysis & Trends
BitVentures (BVC) has reported Operating Margin for 4 consecutive years, with 9.03% the latest figure, recorded in Q2 2023.
- On a quarterly basis, Operating Margin fell 1343.0% year-over-year to 9.03% in Q2 2023; TTM through Jun 2023 was 16.53%, a 273.0% decrease from a year earlier, with the FY2024 full-year figure at 3.55%, up 1831.0% from the prior year.
- Operating Margin was 9.03% for Q2 2023 at BitVentures, down from 22.46% in the prior quarter.
- Over five years, Operating Margin peaked at 22.46% in Q2 2022 and troughed at 9.03% in Q2 2023.
- A 4-year average of 15.66% and a median of 14.6% in 2021 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin soared 677 bps in 2022 and sank 1343 bps in 2023, its largest moves.
- Over 4 years, Operating Margin stood at 13.42% in 2020, then climbed by 17 bps to 15.7% in 2021, then surged by 43 bps to 22.46% in 2022, then sank by 60 bps to 9.03% in 2023.
- The last three Operating Margin figures came in at 9.03% (Q2 2023), 22.46% (Q2 2022), and 15.7% (Q2 2021), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 88.77 Bn | 76.82 Bn | 6.04 Bn | 25.65% |
| 2 | Aon | 68.55 Bn | 67.31 Bn | - | 21.55% |
| 3 | Arthur J. Gallagher | 67.32 Bn | 65.96 Bn | - | - |
| 4 | Willis Towers Watson | 31.09 Bn | 29.51 Bn | 2.09 Bn | 14.76% |
| 5 | Brown & Brown | 23.57 Bn | 22.68 Bn | 1.41 Bn | 6.68% |
| 6 | XChange TEC.INC | 19.63 Bn | 19.63 Bn | - | - |
| 7 | Erie Indemnity | 11.68 Bn | 11.33 Bn | - | 18.73% |
| 8 | Ryan Specialty Holdings | 10.71 Bn | 11.08 Bn | - | 19.67% |
| 9 | Hagerty | 4.65 Bn | 4.78 Bn | 244.11 Mn | 3.10% |
| 10 | BitVentures | 69.23 Mn | 69.23 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 9.03% |
| Jun 30, 2022 | 22.46% |
| Jun 30, 2021 | 15.70% |
| Mar 31, 2021 | 19.84% |
| Jun 30, 2020 | 13.42% |
| Mar 31, 2020 | 13.50% |