Berry Global Group Inc (BERY)
Net profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 609,000 | 766,000 | 733,000 | 559,000 | 404,000 |
| Revenue | US$ in thousands | 12,663,000 | 14,493,000 | 13,848,000 | 11,695,000 | 8,878,000 |
| Net profit margin | 4.81% | 5.29% | 5.29% | 4.78% | 4.55% |
September 30, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $609,000K ÷ $12,663,000K
= 4.81%
The net profit margin of Berry Global Group Inc has exhibited a slight decline from 5.28% in October 2022 to 4.81% in September 2023. This indicates that for every dollar of sales, the company generated a net profit of 4.81 cents in the most recent period. The trend over the past five years has shown relatively stable levels, with slight fluctuations but no significant deviation. It is important to consider the factors contributing to this trend, such as changes in operating expenses, cost of goods sold, and other financial elements, to gain a comprehensive understanding of the company's profitability.
Peer comparison
Sep 30, 2023