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