Central Garden & Pet Company A (CENTA)
Operating profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 210,646 | 260,036 | 254,496 | 197,977 | 152,068 |
| Revenue | US$ in thousands | 3,310,080 | 3,338,590 | 3,303,680 | 2,695,510 | 2,383,000 |
| Operating profit margin | 6.36% | 7.79% | 7.70% | 7.34% | 6.38% |
September 30, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $210,646K ÷ $3,310,080K
= 6.36%
The operating profit margin of Central Garden & Pet Co. has displayed some fluctuation over the past five years. In Sep 30, 2023, the operating profit margin decreased to 6.36% from 7.79% in Sep 24, 2022. This decline may indicate a potential inefficiency in cost management or a decrease in sales revenue relative to operating expenses. Comparing the recent operating profit margin to the previous years, it is slightly lower than the 5-year high of 7.79% but still higher than the 5-year low of 6.38% in Sep 28, 2019. This suggests a level of stability in the company's ability to generate profits from its core operations, albeit with some variability. Further qualitative analysis would be important to understand the underlying factors contributing to the fluctuation in the operating profit margin.
Peer comparison
Sep 30, 2023