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Professional Services Industry Operating Income Growth Rates

Operating Income Growth Information & Trends 
 


Category:   Period:  

Professional Services Industry 3 Q 2 Q 1 Q 4 Q 3 Q
  2023 2023 2023 FY 2022 2022
Y / Y Operating Income Quarterly Growth 29.32 % -19.78 % 2.74 % - -2.99 %
Seq. Operating Income Quarterly Growth 51 % -27.12 % - - -3.28 %
Overall Ranking Y/Y # 30 # 57 # 26 # 21 # 52
Y / Y Operating Income Annual Growth (at the end of Fiscal Year) -30.65 %
Y / Y Operating Income Growth (Annual by Quarter Ending) -32.8 % -36.66 % -25.44 % -30.65 % -7.26 %
Seq. Operating Income Growth (Annual by Quarter Ending) 5.14 % -7.42 % 7.67 % -24.19 % -0.38 %
Overall Ranking Y/Y (Annual) # 24 # 71 # 76 # 29 # 80



Operating Income growth Comment

Professional Services Industry's pace of Operating Income growth in 3 Q 2023 accelerated to 29.32 % year on year, above Industry average.

Sequentially Operating Income grew by 51 %.

Within Services sector 4 other industries have accomplished higher Operating Income growth. Operating Income growth total ranking has impoved so far to 30, from total ranking in previous quarter at 57.

 

Note, Numbers include only companies who have reported earnings results. Numbers change as more businesses report financial results. See the full List.



Operating Income Y/Y Growth Statistics
High
Average
Low
196.49 % 19.57 % -35.99 %
2. quarter 2020
 
4. quarter 2015

Industry Operating Income Y/Y Growth Ranking
Within: No.
Services Sector # 5
Overall Market # 30



Annual Basis Professional Services Operating Income Y/Y Growth

 


Operating Income Y/Y Annual Growth Statistics
High
Average
Low
131.23 % 7.31 % -30.88 %
2. quarter 2021
 
2. quarter 2020

Operating Income growth Y/Y Annual Comment
On the trailing twelve months basis
Professional Services Industry faced contraction in cumulative twelve months Operating Income by -32.8 % in 3 Q 2023 year on year.

Sequentially TTM Operating Income grew by 5.14 %.

Within Services sector 2 other industries have achieved higher Operating Income growth. Operating Income growth total ranking has improved so far to 24, from total ranking in the previous quarter at 71.

Industry Operating Income Y/Y Growth Ranking Annual
Within: No.
Sector # 3
Overall Market # 24





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