Bloomin Brands Inc (BLMN)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 139,808 | 325,144 | 330,421 | 308,958 | -98,488 |
| Revenue | US$ in thousands | 3,950,480 | 4,671,470 | 4,416,510 | 4,122,380 | 3,170,560 |
| Operating profit margin | 3.54% | 6.96% | 7.48% | 7.49% | -3.11% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $139,808K ÷ $3,950,480K
= 3.54%
The operating profit margin of Bloomin Brands Inc has shown some fluctuations over the years.
Starting at a negative figure of -3.11% on December 31, 2020, the company managed to turn things around and increase its operating profit margin to 7.49% by December 31, 2021. This improvement was maintained in the following year, with a slightly lower margin of 7.48% on December 31, 2022.
However, there was a slight decline in operating profit margin to 6.96% on December 31, 2023, followed by a more significant drop to 3.54% by December 31, 2024.
It is essential for Bloomin Brands Inc to analyze the reasons behind these fluctuations to ensure sustainable profitability in the future.
Peer comparison
Dec 31, 2024