BJs Restaurants Inc (BJRI)

Operating 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
Operating income (ttm)	US$ in thousands	17,682	29,417	29,638	24,401	19,531	18,734	16,811	11,227	-1,459	-15,614	-18,262	-16,216	-16,507	-28,812	-34,534	-86,941	-86,431	-49,809	-33,859	27,629
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
Operating profit margin		1.30%	2.20%	2.23%	1.84%	1.46%	1.38%	1.25%	0.85%	-0.11%	-1.27%	-1.52%	-1.39%	-1.52%	-2.90%	-3.80%	-11.64%	-11.10%	-5.71%	-3.56%	2.45%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $17,682K ÷ $1,357,302K
= 1.30%

The operating profit margin of BJs Restaurants Inc has shown fluctuations over the reported periods. The margin was negative for most of 2020 and 2021, indicating the company's operating expenses were high compared to its revenues during those times. However, there was a slight improvement in the margin starting from March 2023, with positive margins being reported for the subsequent periods.

The significant improvement in the operating profit margin from March 2023 onwards suggests that the company may have implemented cost-cutting measures or improved operational efficiencies. The positive margins in the later periods indicate that BJs Restaurants Inc was able to generate more operating income relative to its revenue during those times.

It is essential for investors and stakeholders to closely monitor the trend in the operating profit margin to assess the company's operational performance and efficiency in generating profits from its core business activities.