J & J Snack Foods Corp (JJSF)
Net profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 86,551 | 87,331 | 86,013 | 79,555 | 78,906 | 65,795 | 46,377 | 42,777 | 47,235 | 48,800 | 62,130 | 64,920 | 55,607 | 43,316 | 1,776 | 3,024 | 18,305 | 37,788 | 81,307 | 94,352 |
| Revenue (ttm) | US$ in thousands | 1,574,195 | 1,591,295 | 1,577,096 | 1,555,214 | 1,558,807 | 1,515,372 | 1,469,840 | 1,413,499 | 1,380,643 | 1,303,210 | 1,247,323 | 1,221,979 | 1,144,477 | 1,074,048 | 964,265 | 980,132 | 1,022,046 | 1,081,059 | 1,193,204 | 1,197,472 |
| Net profit margin | 5.50% | 5.49% | 5.45% | 5.12% | 5.06% | 4.34% | 3.16% | 3.03% | 3.42% | 3.74% | 4.98% | 5.31% | 4.86% | 4.03% | 0.18% | 0.31% | 1.79% | 3.50% | 6.81% | 7.88% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $86,551K ÷ $1,574,195K
= 5.50%
The net profit margin of J & J Snack Foods Corp has demonstrated varying levels over the recent quarters. It has shown a consistent improvement trend from the low of 0.18% in March 2021 to 5.50% in September 2024. The company has effectively managed its costs and expenses in generating profits from its revenue, indicating efficient operations.
The net profit margin peaked at 7.88% in June 2020, but gradually declined before showing signs of recovery in recent quarters. Despite facing challenges such as a decrease in the net profit margin in March 2021, the company has since rebounded, indicating the ability to adapt and improve its profitability.
The overall upward trajectory of the net profit margin suggests effective financial management and operational efficiency by J & J Snack Foods Corp. Continual monitoring of this ratio will provide insights into the company's ability to maintain profitability and create shareholder value.