Prestige Brand Holdings Inc (PBH)

Operating profit margin

		Mar 31, 2025	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
Operating income (ttm)	US$ in thousands	336,775	330,500	325,370	329,281	342,429	349,947	350,299	346,433	348,253	336,007	331,417	325,591	329,919	323,431	314,280	308,625	297,402	300,382	303,343	299,788
Revenue (ttm)	US$ in thousands	1,137,762	1,117,998	1,110,422	1,113,190	1,125,357	1,134,235	1,127,018	1,129,975	1,127,725	1,108,792	1,107,738	1,094,690	1,086,812	1,057,637	1,021,955	983,152	943,365	956,839	959,603	960,250
Operating profit margin		29.60%	29.56%	29.30%	29.58%	30.43%	30.85%	31.08%	30.66%	30.88%	30.30%	29.92%	29.74%	30.36%	30.58%	30.75%	31.39%	31.53%	31.39%	31.61%	31.22%

March 31, 2025 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $336,775K ÷ $1,137,762K
= 29.60%

The operating profit margin of Prestige Brand Holdings Inc has shown a relatively stable trend over the past few years, hovering around the range of high 20% to low 30%. It started at 31.22% as of June 30, 2020, and saw a slight increase to 31.61% by September 30, 2020. Although there were fluctuations in the following quarters, the margin generally stayed within the 30% range.

However, a gradual decline became noticeable from September 30, 2021, when the operating profit margin dipped to 30.75%. This downward trend persisted until hitting a low of 29.30% as of September 30, 2024. Notably, there was a slight uptick to 29.60% by March 31, 2025.

Overall, the operating profit margin pattern indicates a slight decrease over the years, suggesting potential challenges in managing operating expenses relative to revenues. Further analysis should explore the underlying factors contributing to this trend and assess the company's strategies to improve operational efficiency and profitability in the future.