MillerKnoll Inc (MLKN)
Net profit margin
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Mar 2, 2024 | Feb 29, 2024 | Dec 2, 2023 | Nov 30, 2023 | Sep 2, 2023 | Aug 31, 2023 | Jun 3, 2023 | May 31, 2023 | Mar 4, 2023 | Feb 28, 2023 | Dec 3, 2022 | Nov 30, 2022 | Sep 3, 2022 | Aug 31, 2022 | May 31, 2022 | May 28, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 30,100 | 65,000 | 53,100 | 87,800 | 111,400 | 105,900 | 100,400 | 66,800 | 34,400 | 18,100 | 2,500 | 18,600 | 33,500 | 58,900 | 83,600 | 89,100 | 94,600 | 81,400 | 70,000 | 45,100 |
| Revenue (ttm) | US$ in thousands | 3,597,000 | 3,574,700 | 3,476,600 | 3,544,800 | 3,605,400 | 3,650,000 | 3,695,400 | 7,789,600 | 7,796,800 | 7,863,900 | 7,930,900 | 3,955,600 | 4,065,800 | 4,162,300 | 4,256,400 | 4,308,300 | 4,341,900 | 4,309,300 | 4,249,800 | 4,175,600 |
| Net profit margin | 0.84% | 1.82% | 1.53% | 2.48% | 3.09% | 2.90% | 2.72% | 0.86% | 0.44% | 0.23% | 0.03% | 0.47% | 0.82% | 1.42% | 1.96% | 2.07% | 2.18% | 1.89% | 1.65% | 1.08% |
February 28, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $30,100K ÷ $3,597,000K
= 0.84%
The net profit margin of MillerKnoll Inc has fluctuated over the reporting periods provided. In general, the company has shown varying levels of profitability in relation to its revenue. The net profit margins ranged from a low of 0.03% in June 2023 to a high of 3.09% in March 2024. The trend indicates some volatility in the company's ability to convert revenue into profit efficiently. It is important to note that a higher net profit margin signifies better cost management and more effective revenue generation, while a lower margin may indicate challenges in controlling expenses or increasing revenues. Monitoring and analyzing these fluctuations can help identify underlying factors affecting the company's profitability and inform strategic decision-making.