Cal-Maine Foods Inc (CALM)
Operating profit margin
| Jun 1, 2024 | Mar 2, 2024 | Dec 2, 2023 | Sep 2, 2023 | Jun 3, 2023 | Feb 25, 2023 | Nov 26, 2022 | Aug 27, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 312,452 | 306,489 | 551,485 | 797,119 | 967,726 | 977,200 | 608,987 | 347,054 | 143,537 | -15,188 | -55,251 | -38,707 | -26,263 | 62,855 | 68,560 | 37,516 | 1,269 | -105,243 | -72,265 | -30,366 |
| Revenue (ttm) | US$ in thousands | 2,348,374 | 2,396,265 | 2,688,969 | 2,962,667 | 3,155,135 | 3,059,414 | 2,534,012 | 2,123,411 | 1,796,346 | 1,553,178 | 1,434,020 | 1,388,348 | 1,348,981 | 1,452,523 | 1,439,031 | 1,403,225 | 1,351,609 | 1,178,848 | 1,217,253 | 1,261,771 |
| Operating profit margin | 13.31% | 12.79% | 20.51% | 26.91% | 30.67% | 31.94% | 24.03% | 16.34% | 7.99% | -0.98% | -3.85% | -2.79% | -1.95% | 4.33% | 4.76% | 2.67% | 0.09% | -8.93% | -5.94% | -2.41% |
June 1, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $312,452K ÷ $2,348,374K
= 13.31%
The operating profit margin of Cal-Maine Foods Inc has shown fluctuations over the past couple of years, ranging from negative values to positive values. In the most recent quarter ending Jun 1, 2024, the operating profit margin stood at 13.31%, showing an improvement compared to the previous quarter. However, it is still lower than the levels observed in earlier quarters.
The trend over the past few quarters indicates a decline from the highest point of 31.94% in Feb 25, 2023. The company experienced a significant drop in operating profit margin in the quarters that followed, reaching negative values at one point.
Despite some fluctuations, Cal-Maine Foods Inc has managed to improve its operating profit margin in recent quarters. It is important for the company to continue monitoring and managing its operating costs effectively to sustain or improve this profitability metric.