Aramark Holdings (ARMK)

Gross 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
Gross profit (ttm)	US$ in thousands	1,682,633	1,806,022	1,571,097	764,129	724,093	687,428	543,944	609,438	472,822	311,408	204,668	-344,340	-309,189	-6,117	404,638	930,285	1,012,623	1,273,145	1,354,969	1,612,952
Revenue (ttm)	US$ in thousands	19,603,060	19,914,720	18,710,200	17,336,900	16,595,300	15,942,560	15,070,690	14,063,660	13,022,850	11,818,380	10,986,830	10,018,580	10,929,130	12,437,650	14,084,690	15,944,550	16,214,300	16,367,500	16,329,860	16,290,710
Gross profit margin		8.58%	9.07%	8.40%	4.41%	4.36%	4.31%	3.61%	4.33%	3.63%	2.63%	1.86%	-3.44%	-2.83%	-0.05%	2.87%	5.83%	6.25%	7.78%	8.30%	9.90%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,682,633K ÷ $19,603,060K
= 8.58%

Over the past few quarters, Aramark Holdings has displayed fluctuating gross profit margins. The gross profit margin has ranged from negative figures to positive figures, indicating variability in the company's ability to generate profits from its core operations. In the most recent quarter, the gross profit margin was 8.58%, demonstrating an improvement compared to the previous quarters. However, it is important to note that the gross profit margin was significantly lower in the earlier quarters, with negative margins in some instances. Overall, Aramark Holdings should continue to monitor and assess its gross profit margin to ensure sustained profitability and operational efficiency.