Bellring Brands LLC (BRBR)

Gross profit margin

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Gross profit	US$ in thousands	707,300	530,200	421,800	386,200	338,000
Revenue	US$ in thousands	1,996,200	1,666,800	1,371,500	1,247,100	988,300
Gross profit margin		35.43%	31.81%	30.75%	30.97%	34.20%

September 30, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $707,300K ÷ $1,996,200K
= 35.43%

Bellring Brands LLC's gross profit margin has shown fluctuations over the past five years. In the most recent fiscal year, ending September 30, 2024, the gross profit margin stood at 35.43%, reflecting an improvement compared to the previous years.

The trend indicates that Bellring Brands has managed to increase its profitability from the previous years' levels, with the highest gross profit margin achieved in 2024. This improvement could suggest effective cost management, pricing strategies, or potentially favorable shifts in product mix.

Although the gross profit margin experienced some variability in the earlier years, overall, the company has maintained gross profit margins within a range of approximately 30% to 35% during the period under review. This consistency in generating gross profit relative to revenue indicates a stable level of operational efficiency and pricing power within the organization.

Further analysis of the components contributing to gross profit, such as cost of goods sold and revenue, along with industry benchmarks, could provide deeper insights into the factors driving these changes in gross profit margin for Bellring Brands LLC.