Central Garden & Pet Company (CENT)
Net profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 125,643 | 152,152 | 151,746 | 120,676 | 92,786 |
| Revenue | US$ in thousands | 3,310,080 | 3,338,590 | 3,303,680 | 2,695,510 | 2,383,000 |
| Net profit margin | 3.80% | 4.56% | 4.59% | 4.48% | 3.89% |
September 30, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $125,643K ÷ $3,310,080K
= 3.80%
Central Garden & Pet Co.'s net profit margin has shown variability over the past five years. In the most recent fiscal year ending September 30, 2023, the net profit margin stood at 3.80%, which marks a decrease from the prior year's figure of 4.56%. This decrease may indicate a potential decrease in the company's profitability relative to its revenue compared to the previous year. However, when compared to the margins in the years preceding 2022, the most recent figure is still within a relatively normal range. It is important to conduct further analysis to understand the factors contributing to this fluctuation in profitability.
Peer comparison
Sep 30, 2023