Bellring Brands LLC (BRBR)
Operating profit margin
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 387,700 | 287,300 | 212,400 | 168,000 | 164,000 |
Revenue | US$ in thousands | 1,996,200 | 1,666,800 | 1,371,500 | 1,247,100 | 988,300 |
Operating profit margin | 19.42% | 17.24% | 15.49% | 13.47% | 16.59% |
September 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $387,700K ÷ $1,996,200K
= 19.42%
Bellring Brands LLC's operating profit margin has shown a positive trend over the past five years. The company's operating profit margin has steadily increased from 16.59% in 2020 to 19.42% in 2024. This indicates that the company has been able to effectively manage its operating expenses and generate a higher operating profit relative to its total revenue.
The rising operating profit margin suggests that Bellring Brands LLC has improved its operational efficiency and cost management, which is a positive sign for the company's profitability. This trend could be attributed to factors such as better pricing strategies, cost control measures, or increased productivity.
Overall, the increasing operating profit margin of Bellring Brands LLC reflects a positive development in the company's financial performance and indicates a stronger ability to generate profits from its core business operations.
Peer comparison
Sep 30, 2024