Bellring Brands LLC (BRBR)
Profitability ratios
Return on sales
| 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 | 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 | 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 | 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 | 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% |
Bellring Brands Inc has shown consistent improvement in its profitability ratios over the quarters. The gross profit margin has gradually increased from 29.64% in Q2 2022 to 32.08% in Q1 2024, indicating effective cost management and pricing strategies. The operating profit margin also improved steadily from 14.44% in Q2 2022 to 16.44% in Q1 2024, reflecting enhanced operational efficiency.
Similarly, the pretax margin and net profit margin have exhibited positive trends, with pretax margin increasing from 10.33% in Q2 2022 to 12.68% in Q1 2024, and the net profit margin rising from 2.20% to 9.52% over the same period. These improvements suggest that the company has been successful in controlling expenses and increasing revenues, resulting in higher profitability.
Overall, Bellring Brands Inc's profitability ratios demonstrate a positive trajectory, indicating effective management of both operational and financial aspects of the business.
Return on investment
| 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) | 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) | 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 | 52.29% | 53.87% | 49.52% | 43.13% | 37.74% | 29.12% | 23.31% | 15.14% | — | — | — | — | — | — |
| Return on equity (ROE) | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Bellring Brands Inc has demonstrated consistent improvement in its profitability ratios over the past quarters. The Operating Return on Assets (Operating ROA) has shown a positive trend, increasing from 32.24% in Q1 2023 to 39.85% in Q1 2024, indicating effective management in generating operating income relative to its assets.
Similarly, the Return on Assets (ROA) has also exhibited an upward trajectory, starting at 16.10% in Q1 2023 and reaching 23.09% in Q1 2024, showcasing the company's ability to generate overall profits from its assets.
The Return on Total Capital has consistently improved over the quarters, moving from 36.94% in Q2 2022 to 52.29% in Q1 2024. This signifies that Bellring Brands Inc has efficiently utilized its total capital to generate returns for its stakeholders.
However, it is notable that the data for Return on Equity (ROE) is missing from the provided table. ROE is a vital profitability ratio that measures a company's ability to generate profits from shareholders' equity. In the absence of this information, a comprehensive assessment of Bellring Brands Inc's overall profitability from an equity perspective cannot be made.
Overall, based on the trend observed in Operating ROA, ROA, and Return on Total Capital, Bellring Brands Inc appears to be on a positive trajectory in terms of profitability, showcasing effective management of assets and capital to drive returns.