Cal-Maine Foods Inc (CALM)
Net profit margin
| May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | Jun 1, 2024 | May 31, 2024 | Mar 2, 2024 | Feb 29, 2024 | Dec 2, 2023 | Nov 30, 2023 | Sep 2, 2023 | Aug 31, 2023 | Jun 3, 2023 | May 31, 2023 | Feb 28, 2023 | Feb 25, 2023 | Nov 30, 2022 | Nov 26, 2022 | Aug 31, 2022 | Aug 27, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,220,048 | 990,814 | 595,522 | 523,170 | 519,906 | 423,674 | 327,442 | 181,656 | 35,870 | 129,792 | 223,714 | 546,007 | 868,300 | 955,956 | 1,043,612 | 845,680 | 647,748 | 559,147 | 470,546 | 384,776 |
| Revenue (ttm) | US$ in thousands | 4,261,882 | 3,799,011 | 3,022,120 | 2,778,385 | 2,695,590 | 2,584,704 | 2,467,149 | 2,222,959 | 1,979,227 | 2,138,004 | 2,303,450 | 2,834,197 | 3,378,493 | 3,491,513 | 3,606,434 | 3,267,285 | 2,922,859 | 2,714,123 | 2,503,481 | 2,322,622 |
| Net profit margin | 28.63% | 26.08% | 19.71% | 18.83% | 19.29% | 16.39% | 13.27% | 8.17% | 1.81% | 6.07% | 9.71% | 19.26% | 25.70% | 27.38% | 28.94% | 25.88% | 22.16% | 20.60% | 18.80% | 16.57% |
May 31, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,220,048K ÷ $4,261,882K
= 28.63%
The net profit margin of Cal-Maine Foods Inc. exhibits considerable fluctuation over the analyzed period, reflecting varying profitability levels across different fiscal dates. Starting at approximately 16.57% in August 2022, the margin demonstrates a general upward trend through late 2022 and into the first half of 2023, reaching a peak of around 28.94% in February 2023. This upward movement suggests improved profitability and potentially favorable market conditions or operational efficiencies during that period.
Subsequently, the net profit margin declines significantly, dropping to approximately 9.71% by September 2023 and further decreasing to about 1.81% in December 2023. This decline indicates a substantial erosion of profitability, possibly due to increased costs, market disruptions, or other operational challenges during that timeframe.
From early 2024 onwards, the margin begins to recover, rising again to approximately 8.17% in February 2024, and continuing an upward trajectory to approximately 28.63% by May 2025. This resurgence suggests a stabilization or improvement in operational performance, competitive positioning, or market conditions, resulting in restored profitability levels.
Overall, the net profit margin analysis reveals periods of both growth and contraction, with notable volatility that could be influenced by industry-specific factors such as commodity prices, feed costs, or cyclical demand, as well as broader economic conditions affecting the company's financial performance.