Darden Restaurants Inc (DRI)
Operating profit margin
| May 31, 2024 | May 26, 2024 | May 31, 2023 | May 28, 2023 | May 31, 2022 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,314,200 | 1,314,200 | 1,201,800 | 1,201,800 | 1,162,200 |
| Revenue | US$ in thousands | 11,390,000 | 11,391,500 | 10,487,800 | 10,461,500 | 9,630,000 |
| Operating profit margin | 11.54% | 11.54% | 11.46% | 11.49% | 12.07% |
May 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,314,200K ÷ $11,390,000K
= 11.54%
Based on the data provided, Darden Restaurants Inc's operating profit margin has been relatively stable over the period from May 31, 2022, to May 31, 2024. The operating profit margin was 12.07% as of May 31, 2022, and gradually decreased to 11.49% as of May 28, 2023. There was a slight further decline to 11.46% by May 31, 2023, before rebounding to 11.54% for both May 26, 2024, and May 31, 2024.
This indicates that the company has been able to maintain its profitability in relation to its revenue during this period, with a slight decline followed by a stabilization of the operating profit margin. However, it is important for Darden Restaurants Inc to continue monitoring and managing its operational expenses and revenue generation to ensure sustained profitability in the future.
Peer comparison
May 31, 2024