Simply Good Foods Co (SMPL)
Operating profit margin
| Aug 31, 2024 | Aug 26, 2023 | Aug 27, 2022 | Aug 28, 2021 | Aug 29, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 206,497 | 204,949 | 202,759 | 173,675 | 78,224 |
| Revenue | US$ in thousands | 1,331,320 | 1,242,670 | 1,168,680 | 1,005,610 | 816,641 |
| Operating profit margin | 15.51% | 16.49% | 17.35% | 17.27% | 9.58% |
August 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $206,497K ÷ $1,331,320K
= 15.51%
Simply Good Foods Co's operating profit margin has shown a declining trend over the past five years, decreasing from 17.27% in 2021 to 15.51% in 2024. This indicates that the company's operational efficiency has slightly decreased, leading to a lower proportion of revenue available as operating profit. Although the operating profit margin has fluctuated within a relatively narrow range, the recent decrease may suggest challenges in managing costs or optimizing revenue generation. Further analysis of the company's cost structure and revenue streams would be necessary to identify specific factors driving the decline in operating profit margin.
Peer comparison
Aug 31, 2024