Cal-Maine Foods Inc (CALM)
Profitability ratios
Return on sales
| Jun 1, 2024 | Jun 3, 2023 | May 28, 2022 | May 29, 2021 | May 30, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 23.28% | 38.03% | 18.92% | 11.94% | 13.29% |
| Operating profit margin | 13.43% | 30.76% | 8.06% | -1.95% | 0.09% |
| Pretax margin | 15.55% | 31.78% | 9.33% | -0.74% | 1.49% |
| Net profit margin | 11.95% | 24.10% | 7.44% | 0.15% | 1.36% |
Cal-Maine Foods Inc's profitability ratios show fluctuating trends over the past five years. The gross profit margin has ranged from a low of 11.94% in May 2021 to a high of 38.03% in June 2023, indicating variability in the company's ability to generate profit from sales after accounting for the cost of goods sold.
Similarly, the operating profit margin has shown significant variation, reaching a peak of 30.76% in June 2023 and a low of -1.95% in May 2021. This ratio reflects the company's ability to control operating expenses relative to revenue, with fluctuations possibly indicating changes in cost management efficiency over time.
The pretax margin has also displayed volatility, with a range from -0.74% in May 2021 to 31.78% in June 2023. This ratio reflects the company's ability to generate profit before taxes relative to revenue, highlighting the impact of operating income and non-operating expenses on overall profitability.
Lastly, the net profit margin, which represents the final profitability after accounting for all expenses including taxes, has shown variability, ranging from 0.15% in May 2021 to 24.10% in June 2023. This ratio indicates the company's overall profitability and bottom-line performance.
Overall, the fluctuating trends in Cal-Maine Foods Inc's profitability ratios suggest varying levels of efficiency in managing costs, generating operating profit, and controlling overall profitability over the analyzed period.
Return on investment
| Jun 1, 2024 | Jun 3, 2023 | May 28, 2022 | May 29, 2021 | May 30, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 14.30% | 49.51% | 10.06% | -2.14% | 0.11% |
| Return on assets (ROA) | 12.72% | 38.78% | 9.29% | 0.17% | 1.52% |
| Return on total capital | 20.12% | 62.10% | 15.09% | -0.96% | 2.04% |
| Return on equity (ROE) | 15.44% | 47.05% | 12.01% | 0.20% | 1.82% |
Cal-Maine Foods Inc has shown a consistent improvement in profitability ratios over the past five years.
The Operating Return on Assets (Operating ROA) has fluctuated but generally improved, ranging from as low as -2.14% in 2021 to a high of 49.51% in 2023. This indicates that the company has been more efficient in generating operating income from its assets over the years.
The Return on Assets (ROA) has shown a similar pattern of improvement, with a notable increase from 0.17% in 2021 to 38.78% in 2023. This ratio measures the company's overall effectiveness in generating profits from its total assets.
Return on Total Capital has also significantly improved, reaching 62.10% in 2023 from a negative value in 2021. This ratio reflects the company's ability to generate profits from both debt and equity financing.
Return on Equity (ROE) has displayed a steady increase, with the ratio climbing from 0.20% in 2021 to 47.05% in 2023. This metric indicates how well the company is utilizing shareholders' equity to generate profits.
Overall, Cal-Maine Foods Inc's profitability ratios demonstrate a positive trend, suggesting improved operational efficiency and profitability over the years. It indicates that the company has been successful in generating higher returns for its shareholders and investors.