Bloomin Brands Inc (BLMN)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -128,018 | 247,386 | 101,907 | 215,555 | -158,795 |
| Revenue | US$ in thousands | 3,950,480 | 4,671,470 | 4,416,510 | 4,122,380 | 3,170,560 |
| Net profit margin | -3.24% | 5.30% | 2.31% | 5.23% | -5.01% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-128,018K ÷ $3,950,480K
= -3.24%
Based on the provided data, Bloomin Brands Inc's net profit margin has shown fluctuations over the years. In 2020, the net profit margin was negative at -5.01%, indicating that the company had a net loss relative to its revenue. However, the company managed to improve its performance in 2021 with a net profit margin of 5.23%, signaling a significant turnaround in profitability.
In 2022, the net profit margin slightly decreased to 2.31%, suggesting some challenges or decreased efficiency in managing costs or generating revenue. The following year, in 2023, the net profit margin improved to 5.30%, showing a recovery in profitability.
However, in 2024, the net profit margin declined to -3.24%, indicating a return to negative profitability and potential financial struggles for the company. Overall, Bloomin Brands Inc's net profit margin has displayed variability, highlighting the importance of closely monitoring and managing profitability levels to ensure sustainable financial health.
Peer comparison
Dec 31, 2024