TTM20162015201420132012
Restaurant-level operating margin19.9%20.4%22.3%21.4%21.7%20.7%
Restaurant-level operating margin growth (bps)-225-18792-3310486
Operating margin0.7%0.9%5.3%3.9%4.3%4.6%
Operating margin growth (bps)-434-444143-41-32157
Net profit margin0.7%0.9%3.8%2.8%3.2%2.9%
Net profit margin growth (bps)-290-28995-332765

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