BJs Restaurants Inc (BJRI)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 11.76% | 10.13% | 10.16% | 11.26% | 12.00% | 12.98% | 11.33% | 9.31% | 8.56% | 7.70% | 9.31% | 11.46% | 11.93% | 11.41% | 11.06% | 7.54% | 7.25% | 10.29% | 11.38% | 14.30% |
| 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% |
| Pretax margin | 0.61% | 1.58% | 1.58% | 1.20% | 0.76% | 0.86% | 0.69% | 0.16% | -0.65% | -1.57% | -1.76% | -1.60% | -1.76% | -3.37% | -4.10% | -11.83% | -11.55% | -6.06% | -4.12% | 1.92% |
| 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% |
BJs Restaurants Inc has shown fluctuations in its profitability ratios over the past few years.
- Gross profit margin decreased from 14.30% in March 2020 to 8.56% in December 2022, before slightly recovering to 11.76% by December 2024. This indicates some challenges in managing the cost of goods sold during this period.
- Operating profit margin was in negative territory for most of 2020 and 2021, but started improving in 2022 and reached 2.23% by June 2024. This shows a significant turnaround in operational efficiency and cost management.
- Pretax margin followed a similar trend as the operating profit margin, starting from negative values and gradually improving to 1.58% by December 2024. This suggests better control over operating expenses and increased profitability before taxes.
- Net profit margin also displayed a similar pattern, improving from negative values to 2.24% by September 2024. This indicates that BJs Restaurants Inc was able to turn its revenue into higher profits after accounting for all expenses, including interest and taxes.
Overall, the company has demonstrated a trend of improving profitability ratios in recent years, reflecting better cost management and operational efficiency.
Return on investment
| 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 return on assets (Operating ROA) | 1.70% | 2.82% | 2.84% | 2.34% | 1.60% | 1.81% | 1.61% | 1.08% | -0.14% | -1.53% | -1.77% | -1.59% | -1.59% | -2.77% | -3.23% | -8.00% | -8.16% | -4.67% | -3.08% | 2.48% |
| Return on assets (ROA) | 1.60% | 2.88% | 2.79% | 2.29% | 1.61% | 1.50% | 1.70% | 0.58% | 0.39% | -0.45% | -0.49% | 0.10% | -0.35% | -1.64% | -2.01% | -5.23% | -5.46% | -2.37% | -1.37% | 2.53% |
| Return on total capital | 3.72% | 7.14% | 6.81% | 5.64% | 4.64% | 5.36% | 2.32% | -2.20% | -8.18% | -14.69% | -14.99% | -13.85% | -13.95% | -12.93% | -12.52% | -23.07% | -22.50% | -12.02% | -6.62% | 11.19% |
| Return on equity (ROE) | 4.51% | 7.98% | 7.54% | 6.37% | 5.38% | 4.31% | 4.84% | 1.74% | 1.18% | -1.34% | -1.49% | 0.29% | -1.08% | -5.08% | -6.40% | -17.43% | -19.70% | -8.19% | -4.81% | 10.34% |
Based on the provided data, the profitability ratios of BJs Restaurants Inc fluctuated over the period, indicating varying levels of efficiency in generating profits from its assets and capital.
1. Operating return on assets (Operating ROA): BJs Restaurants Inc had a negative trend in its operating ROA from March 2020 to June 2022, indicating that the company was not efficiently generating profits from its operations relative to its total assets. However, from March 2023 to December 2024, there was an improvement in operating ROA, reaching positive values and indicating better operational efficiency.
2. Return on assets (ROA): The ROA of BJs Restaurants Inc also showed a similar trend as the operating ROA, with negative values from March 2020 to June 2022. From March 2023 to December 2024, the ROA improved, reaching positive values, implying better overall profitability in relation to its total assets.
3. Return on total capital: BJs Restaurants Inc had a negative return on total capital from March 2020 to December 2022, suggesting that the company was not efficiently utilizing its total capital to generate profits. However, from March 2023 to December 2024, the return on total capital improved, reaching positive values and indicating better utilization of capital resources.
4. Return on equity (ROE): The ROE of BJs Restaurants Inc followed a similar pattern to the ROA and operating ROA, with negative values from March 2020 to June 2022. From March 2023 to December 2024, the ROE improved, reaching positive values, reflecting better profitability for the company's shareholders.
In conclusion, the profitability ratios of BJs Restaurants Inc have shown a mixed performance over the period, with improvements in profitability and efficiency observed in the later years compared to the earlier years. It will be essential for the company to sustain this positive trend and continue to enhance its operational and financial performance to create value for its stakeholders.