Simply Good Foods Co (SMPL)

Net profit margin

		Aug 31, 2024	Aug 26, 2023	Aug 27, 2022	Aug 28, 2021	Aug 29, 2020
Net income	US$ in thousands	139,309	133,575	108,574	40,880	65,638
Revenue	US$ in thousands	1,331,320	1,242,670	1,168,680	1,005,610	816,641
Net profit margin		10.46%	10.75%	9.29%	4.07%	8.04%

August 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $139,309K ÷ $1,331,320K
= 10.46%

The net profit margin of Simply Good Foods Co has shown fluctuations over the past five years, ranging from 4.07% in August 2021 to 10.75% in August 2023. The company's performance in terms of net profit margin was notably strong in 2023 and 2024, with margins exceeding 10%. This indicates that the company was able to effectively control costs and generate higher profits relative to its revenue during these periods. However, in August 2021, the net profit margin dropped significantly to 4.07%, suggesting a potential decrease in profitability efficiency. Overall, the trend in net profit margin for Simply Good Foods Co has been somewhat volatile but generally positive, reflecting varying levels of profitability relative to its revenue over the five-year period.