ConAgra Foods Inc (CAG)

Net profit margin

		May 26, 2024	Feb 25, 2024	Nov 26, 2023	Aug 27, 2023	May 28, 2023	Feb 26, 2023	Nov 27, 2022	Aug 28, 2022	May 29, 2022	Feb 27, 2022	Nov 28, 2021	Aug 29, 2021	May 30, 2021	Feb 28, 2021	Nov 29, 2020	Aug 30, 2020	May 31, 2020	Feb 23, 2020	Nov 24, 2019	Aug 25, 2019
Net income (ttm)	US$ in thousands	347,200	952,000	985,100	1,080,800	683,600	805,000	681,700	575,300	888,200	1,038,800	1,101,800	1,205,200	1,298,800	1,190,700	1,113,700	995,300	840,100	765,200	802,800	673,900
Revenue (ttm)	US$ in thousands	11,624,600	11,673,000	11,720,500	11,853,600	11,852,800	11,826,400	11,689,900	11,443,000	11,195,600	11,037,300	10,884,000	10,800,600	10,792,500	11,412,500	11,168,300	10,980,600	10,678,400	10,003,700	10,149,100	9,754,600
Net profit margin		2.99%	8.16%	8.40%	9.12%	5.77%	6.81%	5.83%	5.03%	7.93%	9.41%	10.12%	11.16%	12.03%	10.43%	9.97%	9.06%	7.87%	7.65%	7.91%	6.91%

May 26, 2024 calculation

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

The net profit margin of ConAgra Foods Inc has shown fluctuations over the past several quarters. In the most recent quarter, ending May 26, 2024, the net profit margin was 2.99%, indicating that the company retained approximately 2.99 cents of profit for every dollar in sales. This marked a decline from the previous quarter's net profit margin of 8.16%.

Looking at historical trends, the net profit margin has exhibited variability, with peaks around the 10-12% range in the quarters ending Nov 28, 2021, and May 30, 2021. However, there have also been periods, such as the quarter ending Nov 27, 2022, where the net profit margin was lower at 5.83%.

Overall, the net profit margin of ConAgra Foods Inc has shown some volatility, with fluctuations in profitability levels across different reporting periods. It would be important for investors and stakeholders to monitor these trends and evaluate the company's performance and efficiency in generating profits from its operations.