Bellring Brands (BRBR) Operating Margin (2018 - 2026)
Bellring Brands (BRBR) reported Operating Margin of 11.02% for Q1 2026, down 515.0% on a YoY basis from 2.66% in Q1 2025, and down 24.55% sequentially from 14.61% in Q4 2025.
Bellring Brands (BRBR) Operating Margin (2018 - 2026) Analysis & Trends
Bellring Brands (BRBR) has 9 years of Operating Margin data on file, last reported at 11.02% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 515.0% year-over-year to 11.02%; the trailing twelve-month figure through Mar 2026 stood at 12.5% (down 730.0% YoY), and the FY2025 full-year result was 15.43%, down 399.0% from the prior year.
- Operating Margin eased to 11.02% in Q1 2026, from 14.61% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 21.65% in Q2 2024 to a low of 8.18% in Q2 2025.
- A 5-year average of 16.4% and a median of 16.53% in 2023 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin soared 500 bps in 2022 and tumbled 1347 bps in 2025, its largest moves.
- Tracing BRBR's Operating Margin over 5 years: stood at 20.73% in 2022, then slipped by 18 bps to 16.96% in 2023, then gained by 28 bps to 21.64% in 2024, then plunged by 32 bps to 14.61% in 2025, then slipped by 25 bps to 11.02% in 2026.
- Business Quant data shows BRBR's Operating Margin at 11.02% in Q1 2026, 14.61% in Q4 2025, and 15.77% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn | 18.94% |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn | -45.40% |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn | 7.30% |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn | 14.27% |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn | 8.76% |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn | 14.62% |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn | -57.54% |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn | 9.54% |
| 10 | Bellring Brands | 1.51 Bn | 1.48 Bn | 161.70 Mn | 11.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.02% |
| Dec 31, 2025 | 14.61% |
| Sep 30, 2025 | 15.77% |
| Jun 30, 2025 | 8.18% |
| Mar 31, 2025 | 16.17% |
| Dec 31, 2024 | 21.64% |
| Sep 30, 2024 | 20.17% |
| Jun 30, 2024 | 21.65% |
| Mar 31, 2024 | 18.40% |
| Dec 31, 2023 | 16.96% |
| Sep 30, 2023 | 16.53% |
| Jun 30, 2023 | 17.04% |
| Mar 31, 2023 | 15.04% |
| Dec 31, 2022 | 20.73% |
| Sep 30, 2022 | 16.11% |
| Jun 30, 2022 | 18.21% |
| Mar 31, 2022 | 10.53% |
| Dec 31, 2021 | 16.51% |
| Sep 30, 2021 | 15.62% |
| Jun 30, 2021 | 15.03% |