Bellring Brands LLC (BRBR)

Net profit margin

		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
Net income (ttm)	US$ in thousands	165,200	165,500	153,100	147,900	118,300	82,300	58,300	28,700	28,000	27,600	27,900	21,700	25,300	23,500
Revenue (ttm)	US$ in thousands	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
Net profit margin		9.52%	9.93%	9.73%	9.87%	8.29%	6.00%	4.38%	2.20%	2.20%	2.21%	2.35%	2.06%	2.46%	2.38%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $165,200K ÷ $1,734,500K
= 9.52%

The net profit margin of Bellring Brands Inc has shown a positive trend over the past eight quarters, indicating an improvement in the company's profitability. The net profit margin has steadily increased from 2.20% in Q2 2022 to 9.52% in Q1 2024, reflecting consistent growth in the company's ability to translate revenue into profit. The company's margins have shown resilience and effectiveness in managing costs and expenses to generate higher profits. This upward trajectory suggests that Bellring Brands Inc has been successful in optimizing its operations and driving efficiency in its business performance. The company's focus on enhancing profitability is evident from the sustained improvement in its net profit margin over the period under review.