Commercial Metals Company (CMC)
Operating profit margin
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -268,126 | 389,704 | 1,194,060 | 9,431 | -227,282 |
| Revenue | US$ in thousands | 7,878,070 | 8,759,230 | 9,122,140 | 6,669,820 | 5,420,640 |
| Operating profit margin | -3.40% | 4.45% | 13.09% | 0.14% | -4.19% |
August 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-268,126K ÷ $7,878,070K
= -3.40%
Commercial Metals Company's operating profit margin has shown significant fluctuations over the past five years. In 2024, the company reported a negative operating profit margin of -3.40%, indicating a loss on its operations. This is a notable decline compared to the previous year, where the operating profit margin was 4.45%.
In 2022, the company achieved a relatively high operating profit margin of 13.09%, reflecting strong operational efficiency and profitability. However, this performance was not sustained in the following years, with a marginal operating profit margin of 0.14% in 2021 and a negative margin of -4.19% in 2020.
The fluctuating trend in the operating profit margin suggests that Commercial Metals Company's profitability and efficiency in generating profits from its core business operations have been inconsistent. It is essential for the company to closely monitor its cost structure, revenue streams, and operational performance to improve and stabilize its operating profit margin in the future.
Peer comparison
Aug 31, 2024