Bellring Brands LLC (BRBR)

Operating 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
Operating income (ttm)	US$ in thousands	285,100	287,300	270,300	261,800	237,000	212,400	204,400	188,400	170,800	168,000	163,900	143,000	162,500	164,000
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
Operating profit margin		16.44%	17.24%	17.18%	17.48%	16.60%	15.49%	15.34%	14.44%	13.44%	13.47%	13.78%	13.60%	15.83%	16.59%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $285,100K ÷ $1,734,500K
= 16.44%

Bellring Brands Inc's operating profit margin has shown a fluctuating trend over the past eight quarters. In Q1 2024, the operating profit margin was 16.44%, slightly lower than the previous quarter's figure of 17.24% in Q4 2023. Despite this slight decline, the company's operating profit margin has generally remained in the range of 15% to 17% over the past two years.

The highest operating profit margin was recorded in Q2 2023 at 17.48%, indicating efficient cost management and strong revenue generation during that period. Conversely, the lowest operating profit margin was observed in Q2 2022 at 14.44%.

Overall, Bellring Brands Inc's operating profit margin demonstrates a moderate level of stability with some variability in performance from quarter to quarter. It is essential for the company to continue monitoring and optimizing its operating efficiency to sustain profitability and drive long-term growth.