J & J Snack Foods Corp (JJSF)
Net profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 86,551 | 78,906 | 47,235 | 55,607 | 18,305 |
| Revenue | US$ in thousands | 1,574,760 | 1,558,810 | 1,380,640 | 1,144,480 | 1,022,040 |
| Net profit margin | 5.50% | 5.06% | 3.42% | 4.86% | 1.79% |
September 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $86,551K ÷ $1,574,760K
= 5.50%
The net profit margin of J & J Snack Foods Corp has shown fluctuations over the past five years. The company had a net profit margin of 5.50% as of September 30, 2024, an improvement from the previous year's margin of 5.06%. This indicates that for every dollar of revenue generated, the company retained 5.50 cents as profit.
In the preceding years, the net profit margin varied, with higher margins observed in 2021 and 2020 at 4.86% and 1.79%, respectively. The lowest margin in the provided data set was in 2022 at 3.42%. Overall, the trend suggests some volatility in the company's ability to convert revenue into profit but demonstrates an upward trajectory in recent years, culminating in the highest net profit margin in 2024.
Analyzing the net profit margin helps to assess the company's profitability and efficiency in managing its costs relative to its revenue. In this case, the increasing trend seen in recent years may indicate improved cost management, increased sales efficiency, or better overall financial performance for J & J Snack Foods Corp. However, further examination and comparison with industry benchmarks would provide a more comprehensive understanding of the company's financial health.