Berry Global Group (MEX:BERY) Operating Income: MXN21,588 Mil (TTM As of Mar. 2025)

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MEX:BERY Berry Global Group Inc MEX:BERY
6 GF Score
Price MXN928.20
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What is Berry Global Group Operating Income?

Berry Global Group MEX:BERY 6 Operating Income is MXN21,588 Mil as of Mar. 2025. GuruFocus rates MEX:BERY with a GF Score™ of 6/100.

Berry Global Group's Operating Income for the three months ended in Mar. 2025 was MXN5,278 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2025 was MXN21,588 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Berry Global Group's Operating Income for the three months ended in Mar. 2025 was MXN5,278 Mil. Berry Global Group's Revenue for the three months ended in Mar. 2025 was MXN51,555 Mil. Therefore, Berry Global Group's Operating Margin % for the quarter that ended in Mar. 2025 was 10.24%.

Berry Global Group's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Berry Global Group's annualized ROC % for the quarter that ended in Mar. 2025 was 5.53%. Berry Global Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 29.97%.


Berry Global Group  (MEX:BERY) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Berry Global Group's annualized ROC % for the quarter that ended in Mar. 2025 is calculated as:

ROC % (Q: Mar. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Mar. 2025 ))/ count )
=21112.864 * ( 1 - 35.95% )/( (240904.191 + 247810.177)/ 2 )
=13522.789392/244357.184
=5.53 %

where

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=283157.839 - 17623.066 - ( 24630.582 - max(0, 53161.179 - 85487.514+24630.582))
=240904.191

Invested Capital(Q: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=263542.533 - 22094.856 - ( 9881.311 - max(0, 74140.517 - 67778.017+9881.311))
=247810.177

Note: The Operating Income data used here is four times the quarterly (Mar. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Berry Global Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Mar. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=31014.632/( ( (84757.565 + max(23128.971, 0)) + (83899.078 + max(15159.526, 0)) )/ 2 )
=31014.632/( ( 107886.536 + 99058.604 )/ 2 )
=31014.632/103472.57
=29.97 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(22711.857 + 27696.37 + 10448.705) - (17623.066 + 0 + 20104.895)
=23128.971

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26268.329 + 28109.567 + 3518.81) - (22094.856 + 0 + 20642.324)
=15159.526

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Berry Global Group's Operating Margin % for the quarter that ended in Mar. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2025 )/Revenue (Q: Mar. 2025 )
=5278.216/51554.664
=10.24 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Berry Global Group Operating Income Related Terms


Berry Global Group Operating Income Historical Data

* Premium members only.

The historical data trend for Berry Global Group's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Berry Global Group Operating Income Chart

Berry Global Group Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27,790.48 27,614.77 25,445.48 20,571.72 22,190.97

Berry Global Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,398.01 5,990.67 6,419.04 3,900.02 5,278.22
MEX:BERY
6GF Score
Berry Global Group Inc MEX:BERY
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Berry Global Group Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN21,588 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of MXN21,588 Mil mean?
Berry Global Group (MEX:BERY) has a Operating Income of MXN21,588 Mil as of Mar. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Berry Global Group and its competitors.
Is Berry Global Group's Operating Income too high?
Berry Global Group's current Operating Income is MXN21,588 Mil. Overall, Berry Global Group has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Berry Global Group's Operating Income compare to GPK and SLGN?
Berry Global Group's Operating Income of MXN21,588 Mil can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Packaging & Containers company?
A good Operating Income depends on the Packaging & Containers industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Berry Global Group and its competitors. Berry Global Group's current Operating Income is MXN21,588 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Berry Global Group stock overvalued right now?
Berry Global Group (MEX:BERY) has a current Operating Income of MXN21,588 Mil. The current Operating Income is MXN21,588 Mil. Berry Global Group's overall GF Score™ is 6/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Berry Global Group (MEX:BERY), the current Operating Income is MXN21,588 Mil as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Berry Global Group Business Description

Address 101 Oakley Street, Evansville, IN, USA, 47710
Berry global Group Inc is a supplier of plastic packaging products mainly sold to consumer-oriented end markets. The four business segments are Consumer Packaging International, Consumer Packaging North America, Flexibles, and Health, Hygiene & Specialties. The company uses plastic resin as its raw material, purchased from a variety of suppliers. The majority of revenue comes from consumer packaging international due to the acquisition of RPC, which expanded the geographical areas in which the company operates. The consumer packaging segment consists of closures and dispensing systems, pharmaceutical devices and packaging, bottles and canisters, polythene films, recycling, containers, and technical components.
6GF Score

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Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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