Aramark Holdings (ARMK)
Net 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 262,522 | 345,543 | 625,901 | 628,493 | 674,108 | 544,472 | 246,317 | 226,024 | 194,484 | 154,117 | 146,345 | 33,021 | -90,833 | -274,852 | -563,849 | -688,533 | -461,529 | -227,382 | 112,013 | 343,626 |
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 |
Net profit margin | 1.52% | 1.92% | 3.27% | 3.21% | 3.38% | 2.91% | 1.42% | 1.36% | 1.22% | 1.02% | 1.04% | 0.25% | -0.77% | -2.50% | -5.63% | -6.30% | -3.71% | -1.61% | 0.70% | 2.12% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $262,522K ÷ $17,220,030K
= 1.52%
The net profit margin of Aramark Holdings has shown fluctuations over the past several quarters. In the most recent quarter, ending September 30, 2024, the net profit margin stood at 1.52%, which is a slight decrease from the previous quarter but remains above 1%.
Looking back at the trend, there was a notable improvement in the net profit margin in the quarter ending March 31, 2024, where it reached 3.27%. This was one of the highest margins observed in the provided data.
In general, the net profit margin for Aramark Holdings has been relatively low over the past several years, with occasional negative margins recorded, such as in the quarters ending March 31, 2021, December 31, 2020, and September 30, 2021.
Overall, the company has shown some variability in its ability to convert revenue into profit, and sustained efforts may be needed to improve the net profit margin further in order to enhance profitability and create more value for shareholders.
Peer comparison
Sep 30, 2024