BJs Restaurants Inc (BJRI)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,006,740 | 177,787 | 144,764 | 129,632 | 56,420 |
| Revenue | US$ in thousands | 1,357,300 | 1,333,230 | 1,283,930 | 1,087,040 | 778,510 |
| Gross profit margin | 74.17% | 13.34% | 11.28% | 11.93% | 7.25% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,006,740K ÷ $1,357,300K
= 74.17%
Based on the provided data, the gross profit margin of BJs Restaurants Inc has shown significant fluctuations over the years. The margin increased from 7.25% in December 31, 2020, to 11.93% in December 31, 2021, which was followed by a slight decrease to 11.28% in December 31, 2022. Subsequently, there was a notable improvement as the margin rose to 13.34% in December 31, 2023. However, there was a substantial spike in gross profit margin to 74.17% in December 31, 2024, indicating a significant increase.
Such fluctuations could be indicative of changes in the company's revenue and cost structure, possibly due to shifts in pricing strategies, cost management initiatives, or changes in the product mix. It is essential for investors and stakeholders to closely monitor such variations in gross profit margin to assess the company's operational efficiency and profitability over time. Further analysis and correlation with other financial metrics would be necessary to understand the underlying factors contributing to the observed trend in the gross profit margin of BJs Restaurants Inc.
Peer comparison
Dec 31, 2024