Central Garden & Pet Company (CENT)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 218,652 | 210,646 | 214,175 | 205,424 | 234,228 | 260,036 | 256,743 | 255,905 | 253,670 | 254,496 | 270,058 | 261,457 | 222,952 | 197,977 | 183,673 | 147,904 | 143,952 | 152,068 | 159,415 | 151,363 |
| 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 |
| Operating profit margin | 6.59% | 6.36% | 6.56% | 6.30% | 7.09% | 7.79% | 7.59% | 7.52% | 7.48% | 7.70% | 8.48% | 8.73% | 8.04% | 7.34% | 7.17% | 6.08% | 5.99% | 6.38% | 6.80% | 6.59% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $218,652K ÷ $3,316,578K
= 6.59%
Central Garden & Pet Company's operating profit margin has shown fluctuations over the past five years, ranging from a low of 6.08% in March 2020 to a high of 8.73% in June 2021. The trend seems to be somewhat cyclical, with peaks and valleys occurring intermittently. Overall, the company has maintained an average operating profit margin of around 7%, indicating a moderate level of profitability in relation to sales. It will be important for Central Garden & Pet Company to continue monitoring and managing its operating expenses effectively to sustain and potentially improve its operating profit margins in the future.
Peer comparison
Dec 31, 2023