Grocery Outlet Holding Corp (GO)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 78,327 | 125,782 | 94,990 | 89,095 | 107,375 |
| Revenue | US$ in thousands | 4,371,500 | 3,969,450 | 3,578,100 | 3,079,580 | 3,134,640 |
| Operating profit margin | 1.79% | 3.17% | 2.65% | 2.89% | 3.43% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $78,327K ÷ $4,371,500K
= 1.79%
The operating profit margin of Grocery Outlet Holding Corp has shown some fluctuations over the last five years. In December 2020, the operating profit margin was 3.43%, which decreased to 2.89% by December 2021. The margin continued to decline to 2.65% by December 2022 before experiencing a slight improvement to 3.17% by December 2023. However, there was a significant drop in the operating profit margin to 1.79% by December 2024. These fluctuations indicate potential challenges in maintaining consistent profitability and operational efficiency over the analyzed period. It is essential for Grocery Outlet Holding Corp to closely monitor and address factors impacting its operating profit margin to ensure sustainable financial performance.
Peer comparison
Dec 31, 2024