Aramark Holdings (ARMK)

Gross profit margin

		Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Gross profit (ttm)	US$ in thousands	449,505	780,469	1,572,444	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
Revenue (ttm)	US$ in thousands	17,220,030	17,990,200	19,113,600	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
Gross profit margin		2.61%	4.34%	8.23%	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%

September 30, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $449,505K ÷ $17,220,030K
= 2.61%

The gross profit margin of Aramark Holdings has varied over the past few years, showing fluctuations in profitability. In the most recent quarter, the gross profit margin was relatively low at 2.61%, indicating that the company retained a lower percentage of revenue after accounting for the cost of goods sold. However, the margin improved in the preceding quarter to 4.34%, suggesting a better ability to generate profit on sales.

In comparison to the same quarter of the previous year, the gross profit margin has decreased, reflecting potential challenges in maintaining profitability. Looking back further, the margin has shown a mix of both positive and negative trends, with some quarters reporting a healthy margin above 8% while others experienced negative margins.

Overall, the trend in Aramark Holdings' gross profit margin points towards fluctuations in profitability, indicating the need for further analysis into factors such as pricing strategy, cost management, and market conditions that may be influencing the company's financial performance.