Bellring Brands LLC (BRBR)
Gross profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 707,300 | 657,500 | 603,600 | 556,400 | 530,200 | 497,200 | 481,400 | 451,300 | 421,800 | 395,500 | 386,600 | 386,600 | 386,200 | 380,000 | 337,400 | 338,600 | 338,000 |
| Revenue (ttm) | US$ in thousands | 1,996,200 | 1,913,000 | 1,843,500 | 1,734,500 | 1,666,800 | 1,573,400 | 1,498,100 | 1,427,700 | 1,371,500 | 1,332,300 | 1,304,300 | 1,271,200 | 1,247,100 | 1,189,700 | 1,051,300 | 1,026,700 | 988,300 |
| Gross profit margin | 35.43% | 34.37% | 32.74% | 32.08% | 31.81% | 31.60% | 32.13% | 31.61% | 30.75% | 29.69% | 29.64% | 30.41% | 30.97% | 31.94% | 32.09% | 32.98% | 34.20% |
September 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $707,300K ÷ $1,996,200K
= 35.43%
The gross profit margin of Bellring Brands LLC has shown some fluctuations over the past few quarters. The trend indicates that the company's gross profit margin has been gradually increasing since the end of 2020, peaking at 35.43% in September 2024. This improvement indicates that the company has been able to effectively manage its production costs and/or increase the selling price of its products.
The overall trend of increasing gross profit margin is a positive sign for the company's profitability as it reflects an improvement in its efficiency in generating profits from its core business operations. Further monitoring and analysis of this metric will be crucial to assess the continued financial health and performance of Bellring Brands LLC.
Peer comparison
Sep 30, 2024