B&G Foods Inc (BGS)

Operating profit margin

		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 income (ttm)	US$ in thousands	80,419	105,042	126,737	104,485	98,628	53,580	158,250	190,424	196,079	218,261	252,297	278,197	276,438	278,326	256,370	218,765	203,836	332,906	337,384	329,266
Revenue (ttm)	US$ in thousands	2,052,603	2,101,161	2,126,816	2,136,150	2,163,842	2,112,055	2,098,643	2,084,061	2,049,689	1,989,304	1,970,098	2,018,262	1,962,498	1,927,840	1,838,392	1,697,050	1,660,414	1,648,297	1,636,656	1,625,684
Operating profit margin		3.92%	5.00%	5.96%	4.89%	4.56%	2.54%	7.54%	9.14%	9.57%	10.97%	12.81%	13.78%	14.09%	14.44%	13.95%	12.89%	12.28%	20.20%	20.61%	20.25%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $80,419K ÷ $2,052,603K
= 3.92%

The operating profit margin of B&G Foods Inc has shown fluctuations over the last few quarters. The margin decreased from a high of 20.61% in September 2019 to a low of 2.54% in September 2022 before gradually recovering. In the most recent quarter, December 2023, the operating profit margin was 3.92%. The trend indicates that the company's ability to generate profits from its core operations has been somewhat volatile, and stakeholders may want to monitor closely for sustained improvement in profitability.