Cal-Maine Foods Inc (CALM)
Net profit margin
| Jun 1, 2024 | Jun 3, 2023 | May 28, 2022 | May 29, 2021 | May 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 277,888 | 758,024 | 132,650 | 2,060 | 18,391 |
| Revenue | US$ in thousands | 2,325,870 | 3,145,760 | 1,781,860 | 1,345,790 | 1,351,610 |
| Net profit margin | 11.95% | 24.10% | 7.44% | 0.15% | 1.36% |
June 1, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $277,888K ÷ $2,325,870K
= 11.95%
The net profit margin of Cal-Maine Foods Inc has fluctuated over the past five years, ranging from a low of 0.15% in May 29, 2021, to a high of 24.10% in Jun 3, 2023. The net profit margin indicates the company's ability to generate profit from its sales, with a higher percentage reflecting better profitability.
In Jun 1, 2024, the net profit margin was 11.95%, showing a decrease from the previous year but still at a respectable level. This suggests that the company is still able to generate a decent level of profit relative to its revenue in the most recent period.
It is important for investors and stakeholders to monitor the trend of the net profit margin over time to assess the company's financial performance and its ability to control costs and generate profit efficiently.