Berry Global Group Inc (BERY)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 8.00% | 8.15% | 7.81% | 8.42% | 8.69% | 8.96% | 9.14% | 9.10% | 8.90% | 8.19% | 8.26% | 8.44% | 9.25% | 12.45% | 15.59% | 18.19% | 20.57% | 19.20% | 18.59% | 18.37% |
| 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% |
| Pretax margin | 4.96% | 5.24% | 4.78% | 5.42% | 5.84% | 6.05% | 6.42% | 6.51% | 6.41% | 6.16% | 6.14% | 6.17% | 6.54% | 6.87% | 7.22% | 6.88% | 6.09% | 6.48% | 4.87% | 4.59% |
| 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% |
The profitability ratios of Berry Global Group Inc show varying trends over the specified periods. The gross profit margin has been declining gradually from 20.57% in December 2020 to 8.00% in September 2024. This suggests a decrease in the company's ability to control production costs and generate profits from sales.
Similarly, the operating profit margin has also shown a consistent decline from 10.68% in December 2020 to 7.61% in September 2024. This downward trend indicates that the company's operational efficiency in managing expenses and generating profits has weakened over time.
The pretax margin reflects a fluctuating pattern, with peaks and troughs observed over the periods. However, there has been a general decrease in this margin from 7.22% in March 2021 to 4.96% in September 2024. This indicates a decreasing ability of the company to generate profits before accounting for taxes.
On the other hand, the net profit margin has shown slight fluctuations but has remained relatively stable compared to other profitability ratios. It ranged from 3.86% in March 2020 to 5.61% in March 2021, then decreased to 4.19% in September 2024. This margin reflects the company's profitability after considering all expenses, including taxes.
Overall, the declining trends in gross profit margin and operating profit margin raise concerns about Berry Global Group Inc's ability to efficiently manage costs and generate profits from its operations. Further analysis and investigation into the company's cost structure and revenue generation strategies may be necessary to address these profitability challenges.
Return on investment
| 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 return on assets (Operating ROA) | 5.64% | 6.06% | 5.84% | 6.36% | 6.51% | 6.73% | 7.12% | 7.43% | 7.32% | 7.21% | 6.99% | 7.02% | 7.23% | 7.56% | 7.72% | 7.48% | 7.06% | 7.34% | 6.47% | 5.86% |
| Return on assets (ROA) | 3.11% | 3.47% | 3.15% | 3.48% | 3.67% | 3.96% | 4.33% | 4.57% | 4.52% | 4.51% | 4.27% | 4.18% | 4.10% | 3.98% | 4.04% | 3.74% | 3.35% | 3.54% | 2.45% | 2.13% |
| Return on total capital | 25.97% | 28.75% | 28.32% | 30.83% | 33.55% | 32.89% | 35.90% | 37.53% | 38.86% | 39.18% | 36.90% | 36.95% | 40.63% | 45.01% | 50.38% | 52.52% | 56.36% | 65.70% | 66.38% | 55.82% |
| Return on equity (ROE) | 14.30% | 16.43% | 15.30% | 16.89% | 18.94% | 19.37% | 21.85% | 23.04% | 23.97% | 24.48% | 22.53% | 21.98% | 23.05% | 23.70% | 26.34% | 26.26% | 26.72% | 31.73% | 25.14% | 20.32% |
Over the past few quarters, Berry Global Group Inc has shown relatively stable profitability ratios. The operating return on assets (Operating ROA) has ranged between 5.64% and 7.72%, indicating that the company is generating operating income efficiently relative to its asset base. The return on assets (ROA) has also been consistent, fluctuating between 3.11% and 4.57%, reflecting the company's ability to generate profit from its total assets.
The return on total capital has shown a significant variation, with values ranging from 25.97% to 66.38%. This ratio signifies the company's efficiency in generating returns from both equity and debt capital. The return on equity (ROE) has remained relatively stable, varying from 14.30% to 31.73%, indicating the company's ability to generate returns for its shareholders.
Overall, Berry Global Group Inc has maintained reasonable profitability ratios, with a focus on efficient use of assets and generating returns for both capital providers and equity shareholders.