BJs Restaurants Inc (BJRI)

Net 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
Net income (ttm)	US$ in thousands	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	45,238	41,412	46,257	49,010
Revenue (ttm)	US$ in thousands	1,329,435	1,353,770	1,346,842	1,327,541	1,284,356	1,228,368	1,198,798	1,158,226	1,082,036	988,731	906,786	744,179	775,398	869,461	949,012	1,124,020	1,161,450	1,150,906	1,142,435	1,128,979
Net profit margin		1.48%	1.15%	1.32%	0.46%	0.32%	-0.37%	-0.42%	0.09%	-0.33%	-1.72%	-2.36%	-7.63%	-7.47%	-2.91%	-1.58%	2.50%	3.89%	3.60%	4.05%	4.34%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $19,660K ÷ $1,329,435K
= 1.48%

The net profit margin of BJs Restaurants Inc has fluctuated significantly over the past five years. The trend indicates a mixed performance with some periods of profitability and others of loss. There was a notable improvement in profitability from the end of 2023 to the first quarter of 2024, with the net profit margin increasing from 0.32% to 1.48%. However, the company experienced several quarters of negative net profit margins in 2021 and 2022, with the lowest point being in the fourth quarter of 2021 at -7.63%.

Overall, the company's profitability seems to have recovered in recent quarters, with a positive net profit margin in the last two quarters of 2023. It is essential for BJs Restaurants Inc to continue monitoring and managing its expenses and revenue effectively to sustain and improve its net profit margin in the future.