ConAgra Foods Inc (CAG)

Net profit margin

		May 26, 2024	May 28, 2023	May 29, 2022	May 30, 2021	May 31, 2020
Net income	US$ in thousands	347,200	683,600	888,200	1,298,800	840,100
Revenue	US$ in thousands	11,624,600	11,852,600	11,195,600	10,778,800	10,550,500
Net profit margin		2.99%	5.77%	7.93%	12.05%	7.96%

May 26, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $347,200K ÷ $11,624,600K
= 2.99%

ConAgra Foods Inc's net profit margin has shown a declining trend over the past five years, decreasing from 7.96% in May 2020 to 2.99% in May 2024. This indicates that the company's profitability relative to its revenues has been eroding. A lower net profit margin may suggest that ConAgra Foods Inc is facing challenges in controlling its costs or generating sufficient earnings from its sales. It is essential for the company to carefully assess its cost structure, pricing strategies, and overall efficiency to improve its profitability in the future.