Lancaster Colony Corporation (LANC)
Operating profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 199,363 | 141,508 | 111,911 | 185,852 | 175,948 |
| Revenue | US$ in thousands | 1,871,720 | 1,822,640 | 1,676,360 | 1,466,850 | 1,334,000 |
| Operating profit margin | 10.65% | 7.76% | 6.68% | 12.67% | 13.19% |
June 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $199,363K ÷ $1,871,720K
= 10.65%
Lancaster Colony Corporation's operating profit margin has exhibited some fluctuation over the past five years. The margin stood at 10.65% as of June 30, 2024, showing an increase from the preceding year's 7.76%. However, this current figure is lower than the levels observed in the preceding years, indicating a potential trend reversal. The company achieved its highest operating profit margin in the fiscal year ending June 30, 2020, at 13.19%, which has since declined. It is essential for stakeholders to further investigate the factors contributing to these fluctuations in operating profit margin to determine the underlying drivers of the company's financial performance.
Peer comparison
Jun 30, 2024