Berry Global Group Inc (BERY)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 10.86% | 11.09% | 11.29% | 11.38% | 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% | 18.24% | 18.45% | 18.09% |
| Operating profit margin | 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% | 10.97% | 9.73% | 9.58% |
| Pretax margin | 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% | 5.52% | 4.27% | 5.91% |
| 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% |
The gross profit margin of Berry Global Group Inc has shown a fluctuating trend over the periods analyzed, ranging from a low of 8.19% to a high of 20.57%. This indicates the company's ability to generate profit from its revenue after accounting for the cost of goods sold. However, the trend has been somewhat volatile, with no clear direction.
The operating profit margin has also varied over time, with values ranging from 8.26% to 10.73%. This metric reflects the company's efficiency in managing its operating expenses relative to its revenue. While there seems to be some stability in this margin compared to the gross profit margin, it still demonstrates fluctuation.
The pretax margin, which represents the company's profitability before taxes, has shown a similar trend of fluctuation, with values ranging from 4.27% to 7.22%. This ratio indicates Berry Global's ability to generate profits from its operations before accounting for tax expenses, which also appears to be somewhat inconsistent.
Lastly, the net profit margin, which measures the profitability after all expenses have been deducted, shows a varying pattern, ranging from 3.73% to 5.61%. This metric reflects the company's overall ability to convert revenue into net income. While the net profit margin has remained positive throughout the periods analyzed, the fluctuations suggest some challenges in maintaining consistent profitability.
In summary, Berry Global Group Inc's profitability ratios have exhibited fluctuating trends over the periods considered, reflecting some level of inconsistency in the company's ability to generate profits and manage expenses effectively. Further analysis and examination of the underlying factors contributing to these fluctuations may be needed to assess the company's overall financial health and performance.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | 5.91% | 8.74% | 8.58% |
| Return on assets (ROA) | 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% | 2.45% | 3.50% | 4.51% |
| Return on total capital | 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% | 60.20% | 49.81% | 50.36% |
| Return on equity (ROE) | 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% | 24.97% | 19.92% | 26.45% |
The profitability ratios of Berry Global Group Inc show a consistent trend of solid financial performance over the periods analyzed.
The Operating Return on Assets (Operating ROA) demonstrates the company's ability to generate operating profits relative to its total assets, with a range of 6.36% to 7.56%. This indicates efficient asset utilization and operational management.
The Return on Assets (ROA) also reflects the company's profitability in relation to its assets, with a range of 2.13% to 4.57%. The higher ROA values indicate that Berry Global Group Inc is effectively generating profits from its assets.
The Return on Total Capital shows the company's ability to generate returns for both equity and debt holders, with a range of 30.83% to 66.38%. The consistently high values suggest that the company is efficiently leveraging its capital to generate substantial returns.
Lastly, the Return on Equity (ROE) measures the return generated for shareholders, with a range of 16.89% to 31.73%. The increasing trend in ROE values indicates that Berry Global Group Inc is effectively utilizing shareholder equity to generate profits.
Overall, Berry Global Group Inc's profitability ratios demonstrate a strong financial performance and efficient use of resources to generate returns for various stakeholders.