Unifirst Corporation (UNF)
Net profit margin
| Aug 31, 2024 | Aug 26, 2023 | Aug 27, 2022 | Aug 28, 2021 | Aug 29, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 145,474 | 103,674 | 103,404 | 151,111 | 135,770 |
| Revenue | US$ in thousands | 2,434,670 | 2,239,780 | 2,003,670 | 1,828,780 | 1,810,540 |
| Net profit margin | 5.98% | 4.63% | 5.16% | 8.26% | 7.50% |
August 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $145,474K ÷ $2,434,670K
= 5.98%
Unifirst Corporation's net profit margin has shown fluctuations over the past five years, ranging from 4.63% to 8.26%. The trend indicates some variability in the company's ability to convert sales into profits. In the most recent fiscal year ending on August 31, 2024, the net profit margin was 5.98%, which represents a slight improvement from the previous year's 4.63%. This uptick suggests that the company may have effectively managed its costs and expenses relative to its revenue in the recent period. However, it is essential to monitor this metric over time to assess the company's long-term profitability performance and its ability to generate sustainable earnings.
Peer comparison
Aug 31, 2024