Pengaruh Likuiditas Dan Leverage Terhadap Profitabilitas Pada Perusahaan Manufaktur Sub Sektor Makanan Dan Minuman Yang Terdaftar Di Bursa Efek Indonesia Periode 2019-2024

This study aims to examine the effect of liquidity and leverage on profitability in food and beverage manufacturing companies listed on the Indonesia Stock Exchange during the 2019–2024 period. This study uses secondary data obtained from the company's annual financial reports published on the official IDX website. The research sample was determined using a purposive sampling method, resulting in 22 companies as samples over a 5-year period. The data analysis method used is multiple linear regression with the help of the SPSS 25 program. Based on the results of the data analysis, liquidity has a positive and significant effect on profitability with a t- value of 5.745 and sig. = 0.000 (<0.05). Leverage also shows a positive and significant effect on profitability with a t-value of 10.671 and sig. =0.000 (<0.05). The results of the simultaneous test show that F-count = 57.956 > F- table = 3.910 with a significance level of 0.000 < 0.05, which means that liquidity and leverage together have a significant effect on profitability. In addition, the Adjusted R² value of 0.467 indicates that the independent variable is able to explain 46.7% of the variation in profitability, while the remaining 53.3% is explained by other variables outside this research model.