Central Garden & Pet Company (CENT)
Net profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 107,983 | 125,643 | 152,152 | 151,746 | 120,676 |
| Revenue | US$ in thousands | 3,200,460 | 3,310,100 | 3,338,590 | 3,303,680 | 2,695,510 |
| Net profit margin | 3.37% | 3.80% | 4.56% | 4.59% | 4.48% |
September 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $107,983K ÷ $3,200,460K
= 3.37%
Central Garden & Pet Company's net profit margin has shown a downward trend over the five-year period from 2020 to 2024. The company's net profit margin decreased from 4.48% in 2020 to 3.37% in 2024. This decline indicates that the company's profitability relative to its revenue has weakened over the years. It is worth noting that the net profit margin reached its peak in 2022 at 4.56% before experiencing a gradual decline in the following years. The decreasing trend in net profit margin may suggest challenges in controlling costs or maintaining revenue growth relative to expenses. Further analysis of the company's financial performance and operational efficiency would be necessary to understand the factors driving these changes in net profit margin.
Peer comparison
Sep 30, 2024