Darden Restaurants Inc (DRI)

Operating profit margin

		May 26, 2024	Feb 25, 2024	Nov 26, 2023	Aug 27, 2023	May 28, 2023	Feb 26, 2023	Nov 27, 2022	Aug 28, 2022	May 29, 2022	Feb 27, 2022	Nov 28, 2021	Aug 29, 2021	May 30, 2021	Feb 28, 2021	Nov 29, 2020	Aug 30, 2020	May 31, 2020	Feb 23, 2020	Nov 24, 2019	Aug 25, 2019
Operating income (ttm)	US$ in thousands	1,314,200	1,293,300	1,255,800	1,210,500	1,201,800	1,165,500	1,116,400	1,125,800	1,162,200	1,147,400	994,600	872,700	648,700	-266,800	-136,500	-97,000	47,900	869,800	857,000	844,900
Revenue (ttm)	US$ in thousands	11,391,400	11,166,700	10,977,000	10,747,000	10,461,500	10,281,300	9,947,700	9,719,100	9,585,300	9,266,800	8,561,900	7,960,300	7,181,100	6,215,800	6,813,900	7,198,000	7,797,500	8,756,500	8,659,800	8,582,100
Operating profit margin		11.54%	11.58%	11.44%	11.26%	11.49%	11.34%	11.22%	11.58%	12.12%	12.38%	11.62%	10.96%	9.03%	-4.29%	-2.00%	-1.35%	0.61%	9.93%	9.90%	9.84%

May 26, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,314,200K ÷ $11,391,400K
= 11.54%

The operating profit margin of Darden Restaurants Inc has shown some fluctuations over the past several quarters. The margin has generally been above 10%, indicating that the company has been able to generate a reasonable level of profit from its operations.

In the most recent quarter, the operating profit margin was 11.54%, showing a slight decrease from the previous quarter's 11.58%. This suggests that Darden Restaurants may have experienced some challenges in controlling operating expenses or maintaining revenue growth.

Looking at the trend over the past few quarters, the operating profit margin has shown some variability but has generally remained in the range of 10-12%. The margin peaked at 12.38% in May 2022, indicating a period of stronger operational efficiency and profitability for the company.

However, there have been some quarters where the operating profit margin dipped significantly, such as in May 2021 and February 2021, when margins were negative. This could indicate potential issues with cost management or declining revenue during those periods.

Overall, while the operating profit margin of Darden Restaurants Inc has shown some volatility, it has generally remained at a respectable level, demonstrating the company's ability to generate profits from its core operations. Monitoring this metric closely can provide insights into the company's operational efficiency and profitability levels.