MillerKnoll Inc (MLKN)
Profitability ratios
Return on sales
| Aug 31, 2024 | Mar 2, 2024 | Dec 2, 2023 | Sep 2, 2023 | Jun 3, 2023 | Mar 4, 2023 | Dec 3, 2022 | Sep 3, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 39.60% | 18.45% | 18.17% | 17.84% | 17.65% | 34.90% | 34.55% | 34.46% | 34.62% | 34.89% | 36.30% | 37.63% | 38.75% | 38.59% | 37.90% | 37.61% | 36.78% | 37.17% | 36.94% | 36.43% |
| Operating profit margin | 4.48% | 2.01% | 1.71% | 1.41% | 1.51% | 4.02% | 4.15% | 3.41% | 1.02% | -0.18% | 0.66% | 3.25% | 9.47% | 0.46% | 0.25% | -0.11% | -1.53% | 8.59% | 8.63% | 8.34% |
| Pretax margin | 2.51% | 1.10% | 0.75% | 0.46% | 0.58% | 2.29% | 2.67% | 2.10% | -0.41% | -1.49% | -0.49% | 2.20% | 9.08% | 0.53% | 0.26% | 1.24% | -0.11% | 9.69% | 9.78% | 8.27% |
| Net profit margin | 2.01% | 0.94% | 0.65% | 0.42% | 0.52% | 1.53% | 1.84% | 1.43% | -0.70% | -1.16% | -0.42% | 1.55% | 7.11% | -0.34% | -0.48% | 0.65% | -0.35% | 7.90% | 8.08% | 6.63% |
Over the multiple periods analyzed, MillerKnoll Inc has demonstrated varying levels of profitability as indicated by its profitability ratios.
1. Gross Profit Margin: The gross profit margin has fluctuated between 17.65% and 39.60%. The trend shows volatility with periods of high and low margins. Generally, the gross profit margin indicates that the company is able to effectively manage its production costs and generate profits from its core operations.
2. Operating Profit Margin: Similarly, the operating profit margin has ranged from -1.53% to 9.47%. This metric reflects the company's ability to control its operating expenses and generate profits before interest and taxes. The fluctuation in this ratio suggests periods of both efficiency and inefficiency in the company's operations.
3. Pretax Margin: The pretax margin has varied from -1.49% to 9.69%. This ratio represents the company's ability to generate profits before accounting for taxes. The fluctuating trend indicates changes in the company's ability to manage its expenses and generate profits at the pre-tax level.
4. Net Profit Margin: The net profit margin has shown a range of -1.16% to 8.08%. This ratio reflects the company's ability to generate profits after all expenses, including taxes, have been deducted. The variability in this ratio suggests fluctuations in the company's overall profitability over time.
Overall, the analysis of MillerKnoll Inc's profitability ratios shows that the company has experienced fluctuations in its profitability levels over the periods analyzed, indicating varying degrees of efficiency in managing costs, generating revenue, and ultimately, producing profits.
Return on investment
| Aug 31, 2024 | Mar 2, 2024 | Dec 2, 2023 | Sep 2, 2023 | Jun 3, 2023 | Mar 4, 2023 | Dec 3, 2022 | Sep 3, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 3.95% | 3.79% | 3.21% | 2.67% | 2.86% | 3.83% | 3.95% | 3.22% | 0.88% | -0.14% | 0.44% | 1.89% | 11.20% | 0.52% | 0.29% | -0.14% | -1.85% | 11.56% | 12.08% | 12.19% |
| Return on assets (ROA) | 1.77% | 1.77% | 1.22% | 0.79% | 0.98% | 1.45% | 1.75% | 1.35% | -0.60% | -0.88% | -0.28% | 0.91% | 8.41% | -0.38% | -0.57% | 0.82% | -0.42% | 10.63% | 11.31% | 9.69% |
| Return on total capital | 6.04% | 11.65% | 9.64% | 7.93% | 4.31% | 5.71% | 5.96% | 4.80% | 0.78% | -0.81% | 0.24% | 2.62% | 20.85% | 2.25% | 1.76% | 4.02% | 0.82% | 22.90% | 24.04% | 22.36% |
| Return on equity (ROE) | 5.34% | 5.20% | 3.55% | 2.32% | 2.94% | 4.44% | 5.42% | 4.36% | -1.91% | -2.71% | -0.88% | 2.72% | 20.29% | -0.87% | -1.35% | 1.97% | -1.33% | 23.24% | 25.15% | 23.22% |
MillerKnoll Inc's profitability ratios have shown mixed performance over the past few quarters.
1. Operating return on assets (Operating ROA) has been relatively stable, ranging from 0.44% to 3.95%. This ratio indicates that the company is generating operating income relative to its assets, with a recent high in August 2021 and a moderate increase in August 2024.
2. Return on assets (ROA) has also been variable, fluctuating between -0.88% to 8.41%. The positive values suggest that the company is generating profit from its total assets, but there have been periods of negative returns, indicating challenges in asset utilization efficiency.
3. Return on total capital has shown significant variation, with a high of 24.04% in February 2020 and a low of -0.81% in May 2022. This ratio reflects the company's overall ability to generate profits from all sources of capital, showing a mix of strong and weak performances.
4. Return on equity (ROE) has experienced fluctuations, ranging from -2.71% to 25.15%. ROE reflects the profitability of shareholder investments and indicates that while there are periods of negative returns, there have also been strong periods of profitability, particularly evident in August 2021 and November 2021.
Overall, MillerKnoll Inc's profitability ratios suggest a mix of stable performance and volatility, highlighting the importance of closely monitoring the company's operations and financial health. Further analysis and trend monitoring are recommended to assess the company's long-term profitability prospects.