MillerKnoll Inc (MLKN)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 58,100 | 183,100 | 172,700 | 217,900 | 215,700 | 213,200 | 201,400 | 152,600 | 103,800 | 84,700 | 27,400 | 54,500 | 81,600 | 111,200 | 162,600 | 186,200 | 204,500 | 166,600 | 161,400 | 102,900 |
| 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 |
| Operating profit margin | 1.62% | 5.12% | 4.97% | 6.15% | 5.98% | 5.84% | 5.45% | 1.96% | 1.33% | 1.08% | 0.35% | 1.38% | 2.01% | 2.67% | 3.82% | 4.32% | 4.71% | 3.87% | 3.80% | 2.46% |
February 28, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $58,100K ÷ $3,597,000K
= 1.62%
The operating profit margin of MillerKnoll Inc has shown fluctuation over the period from May 28, 2022, to February 28, 2025. Starting at 2.46% in May 2022, the margin improved to 4.71% in September 2022, indicating a stronger operational efficiency. However, there were subsequent declines and fluctuations in the margin, particularly dropping to 0.35% in June 2023.
In December 2023, there was a significant spike to 5.45%, which further increased to 6.15% by May 2024, suggesting improved profitability during that period. However, the margin declined to 1.62% by February 2025.
Overall, the operating profit margin of MillerKnoll Inc has displayed variability, indicating the company's changing ability to control operating expenses and generate profits from core business activities. This metric is essential for assessing the company's operational efficiency and bottom-line performance.