Central Garden & Pet Company (CENT)
Net 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 107,983 | 144,976 | 148,378 | 134,506 | 125,643 | 120,818 | 113,112 | 134,710 | 152,152 | 151,135 | 151,901 | 155,142 | 151,746 | 168,342 | 160,956 | 130,706 | 120,676 | 109,527 | 86,879 | 86,566 |
| Revenue (ttm) | US$ in thousands | 3,171,768 | 3,295,756 | 3,308,168 | 3,316,578 | 3,309,592 | 3,267,352 | 3,259,572 | 3,305,089 | 3,338,693 | 3,382,118 | 3,405,108 | 3,390,545 | 3,304,411 | 3,185,718 | 2,995,231 | 2,773,382 | 2,695,509 | 2,560,284 | 2,433,376 | 2,403,848 |
| Net profit margin | 3.40% | 4.40% | 4.49% | 4.06% | 3.80% | 3.70% | 3.47% | 4.08% | 4.56% | 4.47% | 4.46% | 4.58% | 4.59% | 5.28% | 5.37% | 4.71% | 4.48% | 4.28% | 3.57% | 3.60% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $107,983K ÷ $3,171,768K
= 3.40%
Central Garden & Pet Company's net profit margin has shown some fluctuation over the past eight quarters. The company's net profit margin ranged from a low of 3.40% to a high of 5.37% during this period. The average net profit margin over these quarters was approximately 4.33%.
Overall, Central Garden & Pet Company's net profit margin has been relatively stable, staying within the range of 3.40% to 5.37%. This indicates the company's ability to efficiently manage its expenses and generate a reasonable level of profitability from its operations.
It is worth noting that the company experienced a slight increase in net profit margin in the most recent quarter, reaching 4.40%, after a slight dip in the preceding quarter. This improvement suggests that Central Garden & Pet Company may have made some positive adjustments to its operations or cost structure.
In conclusion, Central Garden & Pet Company's net profit margin performance demonstrates a consistent ability to generate profits relative to its revenue, with some fluctuations from quarter to quarter. It is essential for the company to continue monitoring and managing its costs effectively to maintain and potentially improve its profitability in the future.
Peer comparison
Sep 30, 2024