BJs Restaurants Inc (BJRI)
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 | 13,759 | 14,680 | 11,896 | 4,829 | -5,480 | -17,727 | -19,514 | -15,985 | -16,507 | -28,812 | -34,534 | -86,941 | -86,431 | -49,809 | -33,859 | 27,629 | 49,119 | 46,997 | 51,617 | 54,982 |
| 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 |
| Operating profit margin | 1.03% | 1.08% | 0.88% | 0.36% | -0.43% | -1.44% | -1.63% | -1.38% | -1.53% | -2.91% | -3.81% | -11.68% | -11.15% | -5.73% | -3.57% | 2.46% | 4.23% | 4.08% | 4.52% | 4.87% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $13,759K ÷ $1,329,435K
= 1.03%
The operating profit margin of BJs Restaurants Inc has shown variability over the past few quarters. The company's operating profit margin was 1.03% at the end of December 2023, indicating a slight increase compared to the previous quarter. Despite some fluctuations, the company has managed to maintain positive operating profit margins in recent quarters, which is a positive sign. However, it is essential to note that there were periods of negative operating profit margins in the past, particularly in the first half of 2021 and in the last quarter of 2020. Overall, BJs Restaurants Inc should continue to monitor and improve its operating efficiency to sustain and enhance its profitability.
Peer comparison
Dec 31, 2023