Caseys General Stores Inc (CASY)
Operating profit margin
| Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 355,747 | 322,702 | 193,103 | 184,964 | 646,641 |
| Revenue | US$ in thousands | 14,862,900 | 15,094,500 | 12,952,600 | 8,707,190 | 9,175,300 |
| Operating profit margin | 2.39% | 2.14% | 1.49% | 2.12% | 7.05% |
April 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $355,747K ÷ $14,862,900K
= 2.39%
Caseys General Stores Inc's operating profit margin has shown fluctuations over the past five years. The operating profit margin was 2.39% as of April 30, 2024, which represented a slight improvement from the previous year. However, compared to the peak of 7.05% in 2020, the current margin remains relatively low.
The trend indicates some volatility in the company's ability to generate profits from its core operations. The declining trend from 2020 to 2022, followed by a slight recovery in 2023 and 2024, suggests potential challenges in maintaining consistent profitability.
Further analysis would be needed to understand the factors contributing to these fluctuations and assess the company's operational efficiency and profitability management. It is crucial for Caseys General Stores Inc to closely monitor its operating expenses and revenue generation strategies to enhance its operating profit margin in the future.
Peer comparison
Apr 30, 2024