BJs Restaurants Inc (BJRI)

Net profit margin

		Dec 31, 2024	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
Net income (ttm)	US$ in thousands	16,687	30,004	29,127	23,902	19,660	15,570	17,732	6,097	4,076	-4,543	-5,077	995	-3,606	-17,032	-21,440	-56,759	-57,885	-25,290	-15,035	28,107
Revenue (ttm)	US$ in thousands	1,357,302	1,336,598	1,329,540	1,329,283	1,333,229	1,353,746	1,346,450	1,326,477	1,283,926	1,231,042	1,201,874	1,162,460	1,087,038	992,774	909,481	747,222	778,510	872,573	952,425	1,125,491
Net profit margin		1.23%	2.24%	2.19%	1.80%	1.47%	1.15%	1.32%	0.46%	0.32%	-0.37%	-0.42%	0.09%	-0.33%	-1.72%	-2.36%	-7.60%	-7.44%	-2.90%	-1.58%	2.50%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $16,687K ÷ $1,357,302K
= 1.23%

The net profit margin for BJs Restaurants Inc has experienced fluctuations over the tracked periods. Initially, it started at a relatively low level of 2.50% on March 31, 2020. However, the following quarters showed negative profit margins, indicating that the company was incurring losses relative to its revenue during those periods. The trend continued until December 31, 2021, with the net profit margin reaching as low as -7.60%.

Subsequently, there was a gradual improvement in the net profit margin, turning positive on March 31, 2022, and maintaining a positive trajectory through June 30, 2024. The margin peaked at 2.24% on September 30, 2024, demonstrating that the company's profitability had increased significantly during that time.

However, there was a slight decline in the net profit margin to 1.23% by December 31, 2024. Overall, the trend indicates a recovery in profitability after a period of losses, showcasing the company's efforts to enhance operational efficiency and financial performance.