Commercial Metals Company (CMC)
Net profit margin
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 485,491 | 859,760 | 1,217,260 | 412,865 | 279,503 |
| Revenue | US$ in thousands | 7,878,070 | 8,759,230 | 9,122,140 | 6,669,820 | 5,420,640 |
| Net profit margin | 6.16% | 9.82% | 13.34% | 6.19% | 5.16% |
August 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $485,491K ÷ $7,878,070K
= 6.16%
Commercial Metals Company's net profit margin has fluctuated over the past five years, ranging from 5.16% in 2020 to 13.34% in 2022. The net profit margin provides insight into the company's profitability relative to its revenue, with a higher percentage indicating better profit generation per dollar of sales.
The significant increase in net profit margin from 2020 to 2022 suggests improved cost management and/or revenue growth strategies during that period. However, there was a notable decrease in 2023 and 2024, indicating potential challenges in sustaining or improving profitability levels.
It would be prudent for stakeholders to further investigate the factors influencing these fluctuations to assess the company's financial performance and prospects for future profitability.
Peer comparison
Aug 31, 2024