ConAgra Foods Inc (CAG)

Operating profit margin

		May 26, 2024	May 28, 2023	May 29, 2022	May 30, 2021	May 31, 2020
Operating income	US$ in thousands	1,175,000	1,464,200	1,587,600	2,141,000	1,815,600
Revenue	US$ in thousands	11,624,600	11,852,600	11,195,600	10,778,800	10,550,500
Operating profit margin		10.11%	12.35%	14.18%	19.86%	17.21%

May 26, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $1,175,000K ÷ $11,624,600K
= 10.11%

The operating profit margin of ConAgra Foods Inc has shown a decreasing trend over the past five years, from 17.21% in 2020 to 10.11% in 2024. This indicates that the company's ability to generate profits from its core operations has weakened over the period. The decline in operating profit margin may be attributed to various factors such as increasing costs, pricing pressures, or operational inefficiencies. It is important for the company to closely monitor and address the drivers behind this trend to improve profitability and ensure sustainable growth in the future.