Commercial Metals Company (CMC)

Net profit margin

		Aug 31, 2024	May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021	May 31, 2021	Feb 28, 2021	Nov 30, 2020	Aug 31, 2020	May 31, 2020	Feb 29, 2020	Nov 30, 2019
Net income (ttm)	US$ in thousands	485,491	565,726	680,257	774,259	859,760	964,224	1,042,682	1,246,147	1,217,262	1,080,945	898,924	581,967	413,171	328,481	262,807	260,248	279,503	297,991	311,647	261,699
Revenue (ttm)	US$ in thousands	7,878,080	8,095,050	8,364,790	8,536,410	8,759,370	9,226,700	9,389,600	9,361,170	9,117,680	8,467,780	7,801,570	7,252,900	6,656,150	6,046,880	5,534,950	5,430,800	5,429,840	5,563,710	5,833,520	5,888,080
Net profit margin		6.16%	6.99%	8.13%	9.07%	9.82%	10.45%	11.10%	13.31%	13.35%	12.77%	11.52%	8.02%	6.21%	5.43%	4.75%	4.79%	5.15%	5.36%	5.34%	4.44%

August 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $485,491K ÷ $7,878,080K
= 6.16%

The net profit margin of Commercial Metals Company has exhibited some fluctuations over the past few quarters. The margin has generally shown a declining trend, with occasional spikes. From the most recent data available, the net profit margin was 6.16% as of August 31, 2024, representing a decrease from the prior quarter's margin of 6.99% in May 31, 2024.

Looking further back, the net profit margin has been showing a gradual decline from a peak of 13.35% in August 31, 2022. The trend of decreasing margins could indicate potential challenges in maintaining profitability relative to revenue generation and operational costs.

It is important for Commercial Metals Company to closely monitor and manage its cost structure, operational efficiency, and revenue growth strategies to reverse this declining trend in net profit margin and ensure sustainable profitability in the long term.