Bellring Brands LLC (BRBR)

Operating 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
Operating income (ttm)	US$ in thousands	387,700	353,700	318,100	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	1,996,200	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
Operating profit margin		19.42%	18.49%	17.26%	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%

September 30, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $387,700K ÷ $1,996,200K
= 19.42%

Bellring Brands LLC has demonstrated a relatively stable trend in its operating profit margin over the past few quarters. The operating profit margin has ranged between 13.44% to 19.42% during the period from Sep 30, 2020, to Sep 30, 2024.

The operating profit margin peaked at 19.42% on Sep 30, 2024, indicating that for every dollar of sales revenue generated, the company retained approximately $0.1942 as operating profit. This suggests that Bellring Brands has effectively managed its operating expenses relative to its revenue during this period.

Although there were fluctuations in the operating profit margin, the general trend shows a gradual increase from 13.44% on Dec 31, 2021, to 19.42% on Sep 30, 2024. This improvement suggests that the company has become more efficient in generating profits from its core operations.

Overall, Bellring Brands LLC's operating profit margin reflects a positive performance in managing its operating expenses and maximizing profitability over the analyzed quarters.