Caseys General Stores Inc (CASY)

Net profit margin

		Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019
Net income (ttm)	US$ in thousands	501,972	471,044	484,223	462,996	446,691	450,375	414,287	373,563	339,790	321,712	296,315	311,467	312,900	333,293	328,625	298,623	263,846	226,967	234,843	219,477
Revenue (ttm)	US$ in thousands	14,862,920	14,591,600	14,594,910	14,509,090	15,094,480	15,224,720	14,940,880	14,225,240	12,952,590	11,871,890	10,831,200	9,784,160	8,707,190	8,141,830	8,382,000	8,653,690	9,175,300	9,540,820	9,340,700	9,391,110
Net profit margin		3.38%	3.23%	3.32%	3.19%	2.96%	2.96%	2.77%	2.63%	2.62%	2.71%	2.74%	3.18%	3.59%	4.09%	3.92%	3.45%	2.88%	2.38%	2.51%	2.34%

April 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $501,972K ÷ $14,862,920K
= 3.38%

Caseys General Stores Inc's net profit margin has shown variation over the past few years. The net profit margin measures the percentage of revenue that translates into profit after accounting for all expenses.

From the data provided, the net profit margin has ranged between 2.34% and 4.09% over the past two years. There seems to be a general upward trend in the net profit margin from 2020 to 2021, with a peak of 4.09% in the first quarter of 2021. However, from 2021 to 2024, the net profit margin has fluctuated between 2.62% and 3.38%, showing some volatility in profitability.

Overall, the net profit margin for Caseys General Stores Inc indicates that the company is able to generate a reasonable level of profit relative to its revenue. It would be important to further analyze the factors contributing to the fluctuations in profitability to assess the company's financial performance and sustainability.