Simply Good Foods Co (SMPL)
Net profit margin
| Aug 31, 2024 | May 25, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 139,309 | 146,660 | 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 |
| Revenue (ttm) | US$ in thousands | 1,331,588 | 1,252,300 | 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 |
| Net profit margin | 10.46% | 11.71% | 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% |
August 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $139,309K ÷ $1,331,588K
= 10.46%
The net profit margin of Simply Good Foods Co has shown some fluctuations over the past few years. The company's net profit margin was relatively stable in the range of 10-11% from August 2023 to May 2024. However, there was a slight decline in the net profit margin in the most recent quarter, dropping to 10.46%.
Looking at the trend over a longer period, the company experienced a significant increase in net profit margin from November 2021 to May 2022, reaching a high of 11.71%, but then it started to decrease gradually until the most recent quarter.
It is important to monitor this trend to understand the factors driving changes in net profit margin and assess the company's ability to generate profits relative to its revenue.
Peer comparison
Aug 31, 2024