Berry Global Group Inc (BERY)
Operating profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,079,000 | 1,242,000 | 1,292,000 | 1,179,000 | 974,000 |
| Revenue | US$ in thousands | 12,663,000 | 14,493,000 | 13,848,000 | 11,695,000 | 8,878,000 |
| Operating profit margin | 8.52% | 8.57% | 9.33% | 10.08% | 10.97% |
September 30, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,079,000K ÷ $12,663,000K
= 8.52%
Berry Global Group Inc's operating profit margin has shown some fluctuation over the past five years, ranging from 8.73% to 10.74%. The latest figure, as of September 30, 2023, stands at 9.33%. This indicates that for every dollar of sales, the company generated a profit of approximately 9.33 cents after covering the cost of goods sold and operating expenses. The downward trend from 2020 to 2023 suggests that the company may be experiencing challenges in controlling its operating costs or facing pricing pressures. It is important for the company to closely monitor its cost structure and consider strategies to improve efficiency and profitability in order to maintain and enhance its competitive position in the market.
Peer comparison
Sep 30, 2023