Central Garden & Pet Company A (CENTA)
Operating profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 185,387 | 210,646 | 260,036 | 254,496 | 197,977 |
| Revenue | US$ in thousands | 3,200,460 | 3,310,100 | 3,338,590 | 3,303,680 | 2,695,510 |
| Operating profit margin | 5.79% | 6.36% | 7.79% | 7.70% | 7.34% |
September 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $185,387K ÷ $3,200,460K
= 5.79%
The operating profit margin of Central Garden & Pet Company A has shown a declining trend over the past five years, decreasing from 7.34% in 2020 to 5.79% in 2024. This implies that the company's ability to generate profits from its core operations has weakened over this period. Factors contributing to this decline could include an increase in operating expenses relative to sales, pricing pressures, or inefficiencies in cost management. It is essential for the company to closely monitor and address the drivers of this downward trend to improve operational efficiency and profitability in the future.
Peer comparison
Sep 30, 2024