ConAgra Foods Inc (CAG)
Operating profit margin
| May 31, 2024 | May 26, 2024 | May 31, 2023 | May 28, 2023 | May 31, 2022 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 852,800 | 1,175,000 | 1,075,300 | 1,464,200 | 1,346,000 |
| Revenue | US$ in thousands | 12,050,900 | 11,624,600 | 12,277,000 | 11,852,600 | 11,535,900 |
| Operating profit margin | 7.08% | 10.11% | 8.76% | 12.35% | 11.67% |
May 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $852,800K ÷ $12,050,900K
= 7.08%
ConAgra Foods Inc's operating profit margin has shown fluctuation over the years based on the data provided. As of May 31, 2022, the operating profit margin was 11.67%, which increased to 12.35% by May 28, 2023. However, there was a significant decrease to 8.76% by May 31, 2023. The margin then improved to 10.11% by May 26, 2024, but decreased to 7.08% by May 31, 2024.
Overall, the operating profit margin trend for ConAgra Foods Inc demonstrates variability, with some periods of improvement and others of decline. It is important for the company to further analyze the factors contributing to these fluctuations to better manage and enhance its operating profitability over time.
Peer comparison
May 31, 2024