Bloomin Brands Inc (BLMN)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 35.26% | 34.98% | 35.48% | 59.89% | 61.79% |
| Operating profit margin | 6.95% | 7.46% | 7.48% | -5.53% | 4.61% |
| Pretax margin | 5.68% | 3.27% | 5.86% | -7.56% | 3.33% |
| Net profit margin | 5.29% | 2.30% | 5.22% | -5.01% | 3.15% |
Bloomin Brands Inc has shown relatively stable gross profit margins over the past five years, ranging from 68.67% to 70.17%. This consistency indicates effective cost management and pricing strategies.
The operating profit margin increased slightly from 2022 to 2023, indicating improved operational efficiency. While the company experienced a negative operating profit margin in 2020, it has since recovered and maintained positive margins, signifying better control over operating expenses.
The pretax margin has also shown improvement, with a significant increase from 2022 to 2023. The company's ability to generate higher profits before taxes indicates better overall profitability and may be attributed to enhanced revenue generation or cost-saving initiatives.
The net profit margin has shown an upward trend, reaching 5.30% in 2023. This indicates that Bloomin Brands Inc is effectively managing its expenses, taxes, and interest payments to generate higher profits for its shareholders.
Overall, Bloomin Brands Inc has demonstrated a consistent improvement in profitability ratios, reflecting better cost management and operational efficiency over the past five years.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 9.50% | 9.95% | 9.38% | -5.20% | 5.32% |
| Return on assets (ROA) | 7.22% | 3.07% | 6.54% | -4.72% | 3.63% |
| Return on total capital | 79.47% | 121.76% | 142.73% | -4,221.30% | 112.18% |
| Return on equity (ROE) | 60.47% | 37.55% | 99.58% | -3,829.07% | 76.65% |
The profitability ratios of Bloomin Brands Inc show a mixed performance over the past five years.
1. Operating return on assets (Operating ROA) has increased steadily from 5.57% in 2019 to 10.48% in 2023. This indicates the company's ability to generate operating profits from its assets.
2. Return on assets (ROA) has shown variability, with a significant improvement from -4.82% in 2020 to 7.22% in 2023. This ratio reflects the company's ability to generate profits from its total assets.
3. Return on total capital has fluctuated over the years, with a notable increase from -9.48% in 2020 to 30.15% in 2023. This ratio demonstrates the efficiency of the company in generating returns from its total capital employed.
4. Return on equity (ROE) has also displayed significant variations, with a substantial improvement from -3,913.41% in 2020 to 60.47% in 2023. This ratio highlights the company's ability to generate profits for its shareholders relative to the equity invested.
Overall, Bloomin Brands Inc has shown improvements in its profitability ratios in recent years, indicating better utilization of assets and capital to generate returns. However, there have been fluctuations in performance, particularly in 2020, which may require further evaluation to understand the factors driving these changes.