Central Garden & Pet Company A (CENTA)
Net profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 125,643 | 152,152 | 151,746 | 120,676 | 92,786 |
| Revenue | US$ in thousands | 3,310,080 | 3,338,590 | 3,303,680 | 2,695,510 | 2,383,000 |
| Net profit margin | 3.80% | 4.56% | 4.59% | 4.48% | 3.89% |
September 30, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $125,643K ÷ $3,310,080K
= 3.80%
The net profit margin of Central Garden & Pet Co. has displayed some fluctuation over the past five years. In the most recent fiscal year ending on September 30, 2023, the net profit margin decreased to 3.80% from 4.56% in the previous year. This decline suggests that the company's ability to generate profit from its revenue weakened. However, it's important to note that the net profit margin has generally remained within a relatively narrow range, indicating a consistent level of efficiency in managing costs and expenses in relation to revenue. Further analysis of the company's operating expenses and revenue trends could provide insights into the factors contributing to these fluctuations.
Peer comparison
Sep 30, 2023