Bellring Brands LLC (BRBR)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 35.43% | 34.37% | 32.74% | 32.08% | 31.81% | 31.60% | 32.13% | 31.61% | 30.75% | 29.69% | 29.64% | 30.41% | 30.97% | 31.94% | 32.09% | 32.98% | 34.20% |
| 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% |
| Pretax margin | 16.50% | 15.36% | 13.85% | 12.68% | 13.22% | 12.91% | 13.08% | 11.16% | 8.16% | 6.00% | 3.16% | 2.96% | 2.92% | 2.83% | 2.40% | 2.99% | 3.31% |
| Net profit margin | 12.35% | 11.55% | 10.39% | 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% |
The profitability ratios of Bellring Brands LLC have been showing a generally positive trend over the past few quarters.
Gross profit margin has been gradually increasing, indicating improved efficiency in managing production costs and pricing strategies. This trend suggests the company is becoming more effective in generating profits from its core operations.
Operating profit margin has also shown a positive trend, reflecting the company's ability to control its operating expenses and generate profits from its day-to-day business activities. This indicates operational efficiency and effective cost management by the company.
Pretax margin has been increasing steadily as well, which suggests that Bellring Brands LLC is effectively managing its pre-tax income and is becoming more efficient in generating profits before accounting for taxes. This could be a result of improved revenue generation and cost controls across the business.
Net profit margin, which represents the bottom line profitability after all expenses including taxes, has also shown improvement over the quarters. This indicates that the company is effectively managing its overall expenses and taxes to increase its bottom line profits.
Overall, the positive trend in these profitability ratios demonstrates Bellring Brands LLC's improving financial performance and efficiency in generating profits from its operations.
Return on investment
| 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 return on assets (Operating ROA) | 46.32% | 43.99% | 41.58% | 39.85% | 41.54% | 37.42% | 33.89% | 32.24% | 30.03% | 28.58% | 28.65% | 28.44% | 24.12% | 23.91% | 22.37% | 23.87% | 25.10% |
| Return on assets (ROA) | 29.45% | 27.47% | 25.03% | 23.09% | 23.93% | 21.19% | 19.15% | 16.10% | 11.64% | 8.15% | 4.36% | 4.66% | 3.96% | 4.07% | 3.39% | 3.72% | 3.60% |
| Return on total capital | 61.81% | 60.00% | 54.40% | 52.29% | 53.87% | 49.52% | 43.13% | 37.74% | 29.12% | 23.31% | 15.14% | — | — | — | — | — | — |
| Return on equity (ROE) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Bellring Brands LLC has shown a consistent improvement in its profitability ratios over the past few quarters. The Operating Return on Assets (Operating ROA) has been steadily increasing, reaching 46.32% as of September 30, 2024, indicating that the company is efficient in generating profits from its assets used in operations.
The Return on Assets (ROA) has also been trending upwards, reflecting an increase in the company's ability to generate profits relative to its total assets. As of September 30, 2024, the ROA stands at 29.45%, a significant improvement compared to the previous quarters.
Moreover, the Return on Total Capital has displayed strong performance, with a notable upward trend in profitability since December 31, 2021. As of September 30, 2024, the return on total capital is at 61.81%, indicating that the company is effectively utilizing its total capital to generate returns for its stakeholders.
Although Return on Equity (ROE) data is not available for analysis, the improving trend in Operating ROA, ROA, and Return on Total Capital suggests that Bellring Brands LLC is efficiently managing its operations to enhance overall profitability and create value for its shareholders. This consistent improvement in profitability ratios reflects positively on the company's financial performance and strategic management decisions.