B&G Foods Inc (BGS)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -177,277 | 80,419 | 98,628 | 196,079 | 276,438 |
| Revenue | US$ in thousands | 1,930,330 | 2,053,870 | 2,163,840 | 2,049,690 | 1,962,560 |
| Operating profit margin | -9.18% | 3.92% | 4.56% | 9.57% | 14.09% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-177,277K ÷ $1,930,330K
= -9.18%
The operating profit margin of B&G Foods Inc has experienced a gradual decline over the past few years, indicating a decreasing efficiency in generating profits from its core operations. The margin decreased from 14.09% as of December 31, 2020, to 9.57% as of December 31, 2021, and further dropped to 4.56% by the end of 2022. This downward trend continued as the operating profit margin fell to 3.92% by December 31, 2023, before turning negative at -9.18% as of December 31, 2024. The negative operating profit margin in 2024 raises concerns about B&G Foods Inc's ability to cover its operating expenses with the earnings generated from its primary business activities. The company may need to closely evaluate its cost structure and operational efficiency to improve its profitability in the upcoming periods.
Peer comparison
Dec 31, 2024