Central Garden & Pet Company A (CENTA)
Net profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 107,983 | 125,643 | 152,152 | 151,746 | 120,676 |
| Revenue | US$ in thousands | 3,200,460 | 3,310,100 | 3,338,590 | 3,303,680 | 2,695,510 |
| Net profit margin | 3.37% | 3.80% | 4.56% | 4.59% | 4.48% |
September 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $107,983K ÷ $3,200,460K
= 3.37%
Central Garden & Pet Company A's net profit margin has experienced a slight decrease over the past five years, declining from 4.48% in 2020 to 3.37% in 2024. This indicates that the company's ability to generate profit from its revenue has weakened somewhat over this period. While the net profit margin was relatively stable between 2020 and 2022, there was a noticeable drop in profitability from 2022 to 2023, followed by a marginal improvement in 2024.
A net profit margin of around 3-4.5% suggests that Central Garden & Pet Company A is able to convert a moderate proportion of its revenue into profit after accounting for all expenses. Analysts may further investigate the factors contributing to the fluctuations in the net profit margin to assess the company's operational efficiency, cost management strategies, pricing structure, and overall financial health.
Peer comparison
Sep 30, 2024