Berry Global Group Inc (BERY)
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 | 516,000 | 554,000 | 504,000 | 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 |
| Revenue (ttm) | US$ in thousands | 12,315,000 | 12,212,000 | 12,280,000 | 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 |
| Net profit margin | 4.19% | 4.54% | 4.10% | 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% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $516,000K ÷ $12,315,000K
= 4.19%
The net profit margin of Berry Global Group Inc has shown some fluctuations over the periods provided. The net profit margin indicates the percentage of revenue that translates into profit after all expenses have been deducted.
The trend in Berry Global's net profit margin has been relatively stable between 4% to 5% over the past few years, with some minor fluctuations. The margins have generally been in the range of 4% to 5.5%, indicating that the company is able to maintain a decent level of profitability relative to its revenue.
It is worth noting that there was a dip in the net profit margin in the first quarter of 2020 and in the third quarter of 2020, which may have been impacted by external factors such as the global economic conditions during that time, possibly due to the COVID-19 pandemic. However, the company seems to have recovered and maintained a consistent level of profitability in the subsequent periods.
Overall, Berry Global Group Inc's net profit margin appears to be relatively stable and within a reasonable range, reflecting a consistent ability to generate profit from its operations. Further analysis and comparison with industry peers may provide additional insights into the company's financial performance.
Peer comparison
Sep 30, 2024