J & J Snack Foods Corp (JJSF)
Operating profit margin
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 117,545 | 119,406 | 117,584 | 109,873 | 109,518 | 89,421 | 62,387 | 56,282 | 61,799 | 65,459 | 82,343 | 85,485 | 71,218 | 49,881 | -7,683 | -3,931 | 17,194 | 44,326 | 102,788 | 116,577 |
| Revenue (ttm) | US$ in thousands | 1,574,195 | 1,591,295 | 1,577,096 | 1,555,214 | 1,558,807 | 1,515,372 | 1,469,840 | 1,413,499 | 1,380,643 | 1,303,210 | 1,247,323 | 1,221,979 | 1,144,477 | 1,074,048 | 964,265 | 980,132 | 1,022,046 | 1,081,059 | 1,193,204 | 1,197,472 |
| Operating profit margin | 7.47% | 7.50% | 7.46% | 7.06% | 7.03% | 5.90% | 4.24% | 3.98% | 4.48% | 5.02% | 6.60% | 7.00% | 6.22% | 4.64% | -0.80% | -0.40% | 1.68% | 4.10% | 8.61% | 9.74% |
September 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $117,545K ÷ $1,574,195K
= 7.47%
The operating profit margin of J & J Snack Foods Corp has fluctuated over the past several quarters. Based on the data provided, the operating profit margin has shown a general downward trend from the third quarter of 2022 to the second quarter of 2023, with margins ranging from 9.74% to 5.90%.
However, there was a significant improvement in the operating profit margin in the last quarter of 2023, which stood at 7.03%. This positive trend continued into the first quarter of 2024, where the operating profit margin further increased to 7.46%. The company sustained this improved performance in the second and third quarters of 2024, with operating profit margins of 7.50% and 7.47%, respectively.
Overall, the recent performance indicates a positive upward trend in the operating profit margin of J & J Snack Foods Corp, suggesting improved efficiency in generating profits from its core business operations. The company's ability to maintain or further improve its operating profit margin in the upcoming quarters will be crucial for its financial health and long-term sustainability.