Unifirst Corporation (UNF)

Net profit margin

Aug 31, 2024 May 25, 2024 Feb 24, 2024 Nov 25, 2023 Aug 26, 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
Net income (ttm) US$ in thousands 145,474 126,565 106,318 119,818 103,674 103,015 103,656 103,404 111,837 128,786 142,920 151,111 148,060 127,329 129,424 135,770 150,195 176,130 189,056 179,134
Revenue (ttm) US$ in thousands 2,434,673 2,424,124 2,365,112 2,318,618 2,239,785 2,119,703 2,061,428 2,003,673 1,951,889 1,904,995 1,868,175 1,828,779 1,791,680 1,773,258 1,789,406 1,809,749 1,860,727 1,870,168 1,842,887 1,815,402
Net profit margin 5.98% 5.22% 4.50% 5.17% 4.63% 4.86% 5.03% 5.16% 5.73% 6.76% 7.65% 8.26% 8.26% 7.18% 7.23% 7.50% 8.07% 9.42% 10.26% 9.87%

August 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $145,474K ÷ $2,434,673K
= 5.98%

The net profit margin of Unifirst Corporation has shown varying levels over the past few years, ranging from 4.50% to 10.26%. In general, the net profit margin has experienced fluctuations, with some periods showing higher profitability than others.

The trend suggests that the company's profitability peaked at 10.26% in August 2021 but has since decreased, with the most recent figure being 5.98% in August 2024. This decline may indicate potential challenges or changes in the company's operations, cost structure, or revenue generation.

It is important for stakeholders to closely monitor the trend in Unifirst Corporation's net profit margin to assess the company's financial health and sustainability. A decreasing trend in profitability could raise concerns about the company's ability to efficiently generate profits from its operations. Further analysis of the underlying factors influencing the net profit margin will be crucial in understanding the company's financial performance in the future.


Peer comparison

Aug 31, 2024

Company name
Symbol
Net profit margin
Unifirst Corporation
UNF
5.98%
H&R Block Inc
HRB
16.86%
Service Corporation International
SCI
13.11%
Yelp Inc
YELP
7.34%