Central Garden & Pet Company (CENT)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 185,387 | 227,164 | 234,058 | 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 |
| 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 |
| Operating profit margin | 5.84% | 6.89% | 7.08% | 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% |
September 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $185,387K ÷ $3,171,768K
= 5.84%
Central Garden & Pet Company's operating profit margin has shown variation over the past several quarters. The operating profit margin, which represents the efficiency of the company in generating profits from its core operations, has ranged from a low of 5.84% to a high of 8.73% in the last five years.
In the most recent quarter, ending on September 30, 2024, the operating profit margin stood at 5.84%, which represents a decrease compared to the previous quarter's margin of 6.89%. This decline may indicate potential challenges in cost management or revenue generation during the period.
Over the longer term, the operating profit margin trend has fluctuated within a relatively narrow range, with fluctuations likely influenced by factors such as changes in sales volumes, pricing strategies, cost structures, and operational efficiencies.
It is important for Central Garden & Pet Company to closely monitor and analyze the drivers behind fluctuations in the operating profit margin to ensure sustainable profitability and operational effectiveness in the future.
Peer comparison
Sep 30, 2024