Grocery Outlet Holding Corp (GO)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 78,327 | 85,880 | 83,151 | 93,527 | 125,782 | 130,820 | 117,950 | 108,380 | 94,990 | 86,457 | 87,913 | 84,676 | 89,095 | 101,492 | 105,664 | 114,349 | 107,375 | 96,551 | 90,184 | 63,560 |
| Revenue (ttm) | US$ in thousands | 4,371,490 | 4,263,458 | 4,159,188 | 4,040,928 | 3,969,455 | 3,910,467 | 3,824,742 | 3,712,141 | 3,578,101 | 3,429,972 | 3,280,667 | 3,158,543 | 3,079,582 | 3,103,702 | 3,098,904 | 3,126,798 | 3,134,640 | 2,983,336 | 2,871,794 | 2,713,654 |
| Operating profit margin | 1.79% | 2.01% | 2.00% | 2.31% | 3.17% | 3.35% | 3.08% | 2.92% | 2.65% | 2.52% | 2.68% | 2.68% | 2.89% | 3.27% | 3.41% | 3.66% | 3.43% | 3.24% | 3.14% | 2.34% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $78,327K ÷ $4,371,490K
= 1.79%
The operating profit margin of Grocery Outlet Holding Corp has shown fluctuating trends over the past few years. Starting from March 31, 2020, at 2.34%, it increased to 3.43% by December 31, 2020, indicating some improvement in profitability. However, the margin saw a slight decline in the following quarters, reaching 2.68% by June 30, 2022.
Subsequently, there was a mix of fluctuations with peaks and valleys, peaking at 3.35% on September 30, 2023, and then slightly dropping to 1.79% by December 31, 2024. Overall, the operating profit margin of Grocery Outlet Holding Corp has shown inconsistency, with periodic improvements and declines, suggesting varying levels of operational efficiency and profitability during the analyzed period.
Peer comparison
Dec 31, 2024