Berry Global Group Inc (BERY)

Net 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
Net income (ttm)	US$ in thousands	562,000	609,000	656,000	720,000	751,000	766,000	761,000	748,000	724,000	733,000	700,000	697,000	642,000	559,000	593,000	415,000	363,000	404,000	308,000	405,000
Revenue (ttm)	US$ in thousands	12,492,000	12,699,000	13,065,000	13,562,000	14,049,000	14,561,000	14,740,000	14,689,000	14,284,000	13,848,000	13,189,000	12,423,000	12,027,000	11,706,000	11,717,000	10,745,000	9,721,000	8,878,000	7,913,000	8,048,000
Net profit margin		4.50%	4.80%	5.02%	5.31%	5.35%	5.26%	5.16%	5.09%	5.07%	5.29%	5.31%	5.61%	5.34%	4.78%	5.06%	3.86%	3.73%	4.55%	3.89%	5.03%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $562,000K ÷ $12,492,000K
= 4.50%

Berry Global Group Inc has shown fluctuating net profit margins over the past few years. The net profit margin measures the percentage of revenue that translates into profit after all expenses are deducted. In the most recent quarter, the net profit margin was 4.50%, indicating that the company retained $0.045 in profit for every $1 of revenue generated.

The trend in net profit margin shows a peak in the first quarter of 2021 at 5.61%, followed by a slight decline in subsequent quarters. Despite fluctuations, the company has generally maintained a net profit margin above 4%, indicating reasonable profitability.

It is essential for investors and analysts to monitor changes in net profit margin over time as it provides insights into the company's efficiency in managing costs and its ability to generate profits from its operations. Additionally, understanding the factors driving these fluctuations can help in predicting future financial performance and making informed investment decisions.