Central Garden & Pet Company (CENT)
Net profit margin
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 92,786 | 100,914 | 96,307 |
| Revenue (ttm) | US$ in thousands | 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 | 2,383,010 | 2,344,580 | 2,295,948 |
| Net profit margin | 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% | 3.89% | 4.30% | 4.19% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $134,506K ÷ $3,316,578K
= 4.06%
Central Garden & Pet Company's net profit margin has shown some fluctuations over the past few quarters. The net profit margin, which measures the company's profitability by indicating how much of each dollar in revenue translates into profit, varied between 3.47% and 5.37% in the last two years.
In the latest quarter, ending December 31, 2023, the net profit margin was 4.06%, indicating that the company retained $0.0406 of each dollar in revenue as profit after accounting for all expenses. This result is lower compared to the previous quarter but within the range observed in recent quarters.
Overall, Central Garden & Pet Company has been able to maintain a relatively stable net profit margin around 4% in the past two years, demonstrating its ability to effectively manage costs and generate profits from its operations despite some fluctuations.
Peer comparison
Dec 31, 2023