Aramark Holdings (ARMK)

Operating 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
Operating income (ttm)	US$ in thousands	830,230	814,965	735,291	679,795	639,803	628,365	562,468	488,828	352,183	191,469	-34,795	-436,638	-539,660	-264,900	35,163	551,579	772,090	891,159	964,897	962,742
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
Operating profit margin		4.24%	4.09%	3.93%	3.92%	3.86%	3.94%	3.73%	3.48%	2.70%	1.62%	-0.32%	-4.36%	-4.94%	-2.13%	0.25%	3.46%	4.76%	5.44%	5.91%	5.91%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $830,230K ÷ $19,603,060K
= 4.24%

The operating profit margin of Aramark Holdings has shown fluctuation over the past five years, with a gradual improvement trend. The margin increased from negative values in the first quarter of 2021 to reach a peak of 4.24% in December 2023. Despite some quarterly variations, the overall trend indicates a positive trajectory, reflecting improvements in operational efficiency and cost management within the company. It is essential to monitor this indicator closely to ensure sustained profitability and financial health in the future.