Commercial Metals Company (CMC)

Net profit margin

		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	Aug 31, 2019	May 31, 2019
Net income (ttm)	US$ in thousands	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	198,093	163,542
Revenue (ttm)	US$ in thousands	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	5,776,260	5,541,700
Net profit margin		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%	3.43%	2.95%

February 29, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $680,257K ÷ $8,364,790K
= 8.13%

Commercial Metals Company's net profit margin has shown some fluctuations over the past several quarters. There has been a general decreasing trend in the net profit margin from 11.10% in February 2023 to 8.13% in February 2024. However, the net profit margin has not been consistently declining, as it also experienced some periods of increase, such as the slight uptick from 8.02% in November 2021 to 9.82% in August 2023.

The net profit margin measures the percentage of revenue that translates into profit after all expenses are accounted for. A higher net profit margin indicates that the company is more efficient in generating profit from its revenue. The fluctuations in Commercial Metals Company's net profit margin may suggest varying levels of efficiency in managing costs and generating income.

It is important for investors and stakeholders to closely monitor these changes in net profit margin to assess the company's profitability and financial performance over time. Further analysis of the company's cost structure and revenue generation strategies can provide insights into the factors influencing the net profit margin trends.