Berry Global Group Inc (BERY)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 937,000 | 969,000 | 933,000 | 1,026,000 | 1,079,000 | 1,114,000 | 1,183,000 | 1,223,000 | 1,242,000 | 1,218,000 | 1,225,000 | 1,217,000 | 1,292,000 | 1,329,000 | 1,333,000 | 1,284,000 | 1,179,000 | 1,228,000 | 1,096,000 | 997,000 |
| 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 |
| Operating profit margin | 7.61% | 7.93% | 7.60% | 8.21% | 8.50% | 8.53% | 8.72% | 8.71% | 8.53% | 8.26% | 8.34% | 8.52% | 9.33% | 10.08% | 10.73% | 10.68% | 10.07% | 10.48% | 10.20% | 10.26% |
September 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $937,000K ÷ $12,315,000K
= 7.61%
The operating profit margin of Berry Global Group Inc has shown some fluctuations over the periods analyzed.
From December 2019 to December 2020, there was an increasing trend in the operating profit margin, reaching a peak of 10.68% in March 2021. However, starting from September 2021, the operating profit margin began to decline gradually, with a notable drop to 7.61% in September 2024.
Overall, the operating profit margin of Berry Global Group Inc has shown some variability, indicating fluctuations in the company's ability to generate profits from its core operations. It is important for investors and stakeholders to monitor this ratio closely to assess the company's operational efficiency and financial performance.
Peer comparison
Sep 30, 2024