Darden Restaurants Inc (DRI)

Net profit margin

		May 26, 2024	Feb 25, 2024	Nov 26, 2023	Aug 27, 2023	May 28, 2023	Feb 26, 2023	Nov 27, 2022	Aug 28, 2022	May 29, 2022	Feb 27, 2022	Nov 28, 2021	Aug 29, 2021	May 30, 2021	Feb 28, 2021	Nov 29, 2020	Aug 30, 2020	May 31, 2020	Feb 23, 2020	Nov 24, 2019	Aug 25, 2019
Net income (ttm)	US$ in thousands	1,027,600	1,034,600	1,008,300	983,400	981,900	948,500	908,900	914,900	952,800	1,039,600	921,300	824,100	629,300	-219,200	-115,600	-186,900	-52,400	635,600	626,900	717,800
Revenue (ttm)	US$ in thousands	11,391,400	11,166,700	10,977,000	10,747,000	10,461,500	10,281,300	9,947,700	9,719,100	9,585,300	9,266,800	8,561,900	7,960,300	7,181,100	6,215,800	6,813,900	7,198,000	7,797,500	8,756,500	8,659,800	8,582,100
Net profit margin		9.02%	9.27%	9.19%	9.15%	9.39%	9.23%	9.14%	9.41%	9.94%	11.22%	10.76%	10.35%	8.76%	-3.53%	-1.70%	-2.60%	-0.67%	7.26%	7.24%	8.36%

May 26, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,027,600K ÷ $11,391,400K
= 9.02%

The net profit margin of Darden Restaurants Inc has shown a relatively stable performance over the past few quarters, ranging between 8.36% and 11.22%. There was a significant decline in the net profit margin in the May 30, 2021, and February 28, 2021, periods, where it dropped to negative figures of -3.53% and -1.70% respectively. This may indicate operational challenges or extraordinary events affecting profitability during those periods. However, the company managed to recover and improve its net profit margin in subsequent quarters, with the most recent figure standing at 9.02% as of May 26, 2024. Overall, Darden Restaurants Inc has demonstrated resilience in maintaining a healthy level of profitability despite some fluctuations in its net profit margin.