TTM20172016201520142013
Restaurant-level operating margin19.4%20.4%20.4%22.3%21.4%21.7%
Restaurant-level operating margin growth (bps)-21-6-18792-33104
Operating margin1.1%2.8%0.9%5.3%3.9%4.3%
Operating margin growth (bps)49193-444143-41-32
Net profit margin1.0%2.2%0.9%3.8%2.8%3.2%
Net profit margin growth (bps)38127-28995-3327

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