TTM20172016201520142013
Restaurant-level operating margin15.2%15.7%15.8%16.5%16.1%15.5%
Restaurant-level operating margin growth (bps)-20-14-703764-45
Operating margin3.7%3.5%3.0%5.3%4.3%5.5%
Operating margin growth (bps)8147-22795-11492
Net profit margin2.7%2.4%1.1%3.0%2.2%5.2%
Net profit margin growth (bps)58134-19285-304366

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