Cal-Maine Foods Inc (CALM)
Operating profit margin
| Jun 1, 2024 | Jun 3, 2023 | May 28, 2022 | May 29, 2021 | May 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 312,452 | 967,726 | 143,537 | -26,264 | 1,269 |
| Revenue | US$ in thousands | 2,325,870 | 3,145,760 | 1,781,860 | 1,345,790 | 1,351,610 |
| Operating profit margin | 13.43% | 30.76% | 8.06% | -1.95% | 0.09% |
June 1, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $312,452K ÷ $2,325,870K
= 13.43%
The operating profit margin of Cal-Maine Foods Inc has exhibited fluctuations over the past five years. In particular, there was a significant decrease from 30.76% in June 2023 to 8.06% in May 2022, reflecting a decline in the company's efficiency in generating profits from its core operations during that period. The subsequent improvement to 13.43% in June 2024 indicates a recovery in profitability, albeit not yet reaching the levels seen in the previous years. The negative operating profit margin in May 2021 suggests that the company's operating expenses outpaced its revenue, resulting in a loss from operations. However, the marginal 0.09% operating profit margin in May 2020 may indicate a period of minimal profitability and cost efficiency challenges. Overall, the varying operating profit margins highlight the company's performance in managing its operating expenses relative to its revenue generation across the years.