Bellring Brands LLC (BRBR)

Operating profit margin

		Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Operating income	US$ in thousands	287,300	212,400	168,000	164,000
Revenue	US$ in thousands	1,666,800	1,371,500	1,247,100	988,300
Operating profit margin		17.24%	15.49%	13.47%	16.59%

September 30, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $287,300K ÷ $1,666,800K
= 17.24%

Bellring Brands Inc's operating profit margin has shown fluctuations over the past five years. In 2023, the operating profit margin stood at 17.24%, representing a slight increase from the previous year's 15.49%. However, this was higher than the 13.46% in 2021. The operating profit margin was at its lowest in 2021, indicating a decrease from the 16.59% recorded in 2020. The highest operating profit margin was reported in 2019, at 19.02%. Overall, the trend suggests some volatility in the company's ability to generate profits from its core operations, with a peak in 2019 followed by fluctuations in subsequent years.