Unifirst Corporation (UNF)
Net profit margin
| 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 | May 25, 2019 | Feb 23, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 168,098 | 157,237 |
| Revenue (ttm) | US$ in thousands | 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 | 1,769,844 | 1,741,215 |
| Net profit margin | 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% | 9.50% | 9.03% |
February 24, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $106,318K ÷ $2,365,112K
= 4.50%
Unifirst Corporation's net profit margin has shown some fluctuations over the past few years. The net profit margin, which represents the percentage of revenue that translates into profit after all expenses have been deducted, ranged between 4.50% and 10.26% in the period covered by the data.
The trend indicates a general decline in the net profit margin from a high of 10.26% in February 2020 to a low of 4.50% in February 2024. This suggests that the company may be experiencing challenges in controlling costs or generating higher revenues to maintain profit levels.
However, it is worth noting that the net profit margin has demonstrated some variability, with occasional peaks such as the 9.42% in February 2019 and 8.26% in August 2021. These variations could be attributed to changes in factors such as operating efficiency, pricing strategies, or macroeconomic conditions impacting the company's performance.
Overall, further analysis of Unifirst Corporation's financial statements and factors influencing its profitability would be necessary to provide a more comprehensive understanding of the trends observed in the net profit margin.
Peer comparison
Feb 24, 2024