TTM20172016201520142013
Restaurant-level operating margin21.2%19.8%20.4%21.7%21.9%21.0%
Restaurant-level operating margin growth (bps)87-62-126-2789123
Operating margin-0.8%1.7%9.1%13.8%14.3%13.5%
Operating margin growth (bps)-918-741-464-5482221
Net profit margin0.8%2.1%4.8%6.8%12.3%-5.4%
Net profit margin growth (bps)-381-268-195-5541,767-268

Notes:Restaurant-level operating margin represents restaurant-level operating income, which equals company-operated restaurants sales minus company-operated restaurant costs, which includes cost of goods sold (food, beverage and packaging), labor, occupancy and other operating costs, expressed as a % of company-operated restaurant sales