Simply Good Foods Co (SMPL)

Net profit margin

		Feb 24, 2024	Nov 25, 2023	Aug 26, 2023	May 27, 2023	Feb 25, 2023	Nov 26, 2022	Aug 27, 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	May 25, 2019
Net income (ttm)	US$ in thousands	140,757	133,276	133,575	127,060	130,463	123,282	108,574	96,693	63,754	19,079	40,880	-16,656	25,561	100,076	65,638	62,697	20,444	-15,135	-8,393	45,544
Revenue (ttm)	US$ in thousands	1,239,906	1,221,199	1,212,260	1,167,626	1,162,029	1,166,378	1,146,988	1,130,420	1,094,438	1,025,803	974,051	944,406	883,763	887,277	816,641	733,539	657,906	554,605	523,758	492,836
Net profit margin		11.35%	10.91%	11.02%	10.88%	11.23%	10.57%	9.47%	8.55%	5.83%	1.86%	4.20%	-1.76%	2.89%	11.28%	8.04%	8.55%	3.11%	-2.73%	-1.60%	9.24%

February 24, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $140,757K ÷ $1,239,906K
= 11.35%

The net profit margin of Simply Good Foods Co has fluctuated over the recent quarters, ranging from a low of -2.73% in November 2019 to a high of 11.35% in February 2024. The company's ability to generate profits relative to its revenue has shown improvement in recent quarters, with the most recent quarter showing a net profit margin of 11.35%. This indicates that the company was able to control its costs effectively and convert a higher percentage of its revenue into profits.

Overall, the trend in the net profit margin appears to be positive, with some variability in the earlier quarters but generally showing an upward trajectory in the more recent periods. Monitoring this metric will be important to assess the company's ongoing financial performance and profitability trends.