Berry Global Group Inc (BERY)
Net profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 516,000 | 609,000 | 766,000 | 733,000 | 559,000 |
| Revenue | US$ in thousands | 12,258,000 | 12,663,000 | 14,493,000 | 13,848,000 | 11,695,000 |
| Net profit margin | 4.21% | 4.81% | 5.29% | 5.29% | 4.78% |
September 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $516,000K ÷ $12,258,000K
= 4.21%
Berry Global Group Inc's net profit margin has been fluctuating over the past five years. The trend shows a slight decline from 5.29% in 2022 to 4.21% in 2024, with some variation in between. This indicates that the company's ability to convert revenue into profit has weakened to some extent. It is important to further investigate the factors contributing to this downward trend to assess the company's overall financial performance and sustainability.
Peer comparison
Sep 30, 2024
Company name
Symbol
Net profit margin
Berry Global Group Inc
BERY
4.21%
AptarGroup Inc
ATR
8.16%
Armstrong World Industries Inc
AWI
17.94%
Newell Brands Inc
NWL
-4.96%