Darden Restaurants Inc (DRI)
Operating profit margin
| May 26, 2024 | May 28, 2023 | May 29, 2022 | May 30, 2021 | May 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,314,200 | 1,201,800 | 1,162,200 | 648,700 | 47,900 |
| Revenue | US$ in thousands | 11,391,500 | 10,461,500 | 9,585,300 | 7,181,100 | 7,748,300 |
| Operating profit margin | 11.54% | 11.49% | 12.12% | 9.03% | 0.62% |
May 26, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,314,200K ÷ $11,391,500K
= 11.54%
The operating profit margin of Darden Restaurants Inc has shown a generally positive trend over the past five years, with fluctuations from 2020 to 2022 before experiencing a notable increase in 2023. In 2020, the operating profit margin was only 0.62%, indicating a minimal profitability level. However, there was a significant improvement in 2021, with the margin increasing to 9.03%.
The trend continued upward in 2022, reaching 12.12%, which was the highest point during the period under review. Despite a slight dip in 2023 to 11.49%, the margin rebounded in 2024 to 11.54%. Overall, the operating profit margin for Darden Restaurants Inc reflects a positive trajectory, suggesting improved operational efficiency and profitability over the past five years.
Peer comparison
May 26, 2024