Simply Good Foods Co (SMPL)

Operating 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
Operating income (ttm)	US$ in thousands	206,497	214,426	209,857	204,279	204,949	192,726	193,797	197,243	202,759	200,058	205,104	192,494	173,675	157,682	128,468	120,396	78,224	65,507	54,909	48,642
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
Operating profit margin		15.51%	17.12%	16.93%	16.73%	16.91%	16.51%	16.68%	16.91%	17.68%	17.70%	18.74%	18.77%	17.83%	16.70%	14.54%	13.57%	9.58%	8.93%	8.35%	8.77%

August 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $206,497K ÷ $1,331,588K
= 15.51%

The operating profit margin of Simply Good Foods Co has exhibited some fluctuations over the past few years. In the most recent period ending August 31, 2024, the operating profit margin was 15.51%, which represents the percentage of revenue that translates into operating profit after accounting for operating expenses.

Historically, the operating profit margin has ranged from a low of 8.35% in February 2020 to a high of 18.77% in February 2022. The recent trend shows a slight decrease in the operating profit margin compared to the peak levels seen in 2022. However, the margins have generally remained above 15% over the past few years, indicating consistent profitability in the company's operations.

It is important for investors and stakeholders to monitor the operating profit margin as it provides insights into the company's operational efficiency and profitability. Fluctuations in this metric can be influenced by various factors such as changes in revenue, cost management, and economic conditions, highlighting the need for a comprehensive analysis of the company's financial performance.