Bloomin Brands Inc (BLMN)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	247,386	101,907	215,555	-158,715	130,573
Revenue	US$ in thousands	4,679,300	4,426,470	4,132,030	3,165,540	4,144,570
Net profit margin		5.29%	2.30%	5.22%	-5.01%	3.15%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $247,386K ÷ $4,679,300K
= 5.29%

Bloomin Brands Inc's net profit margin has shown fluctuations over the past five years. In 2023, the net profit margin increased to 5.30%, representing a significant improvement from the previous year's 2.31%. This suggests that the company was able to effectively control its expenses and generate more profit from its revenue in the most recent fiscal year. The positive trend in net profit margin in 2023 is a positive sign for Bloomin Brands Inc's financial health and efficiency in managing its operations.