Unifirst Corporation (UNF)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 138,014 | 153,489 | 133,603 | 131,076 | 132,979 | 134,351 | 146,031 | 166,493 | 184,573 | 195,825 | 191,693 | 165,242 | 168,676 | 172,729 | 190,854 | 223,358 | 241,677 | 232,008 | 214,510 | 201,385 |
| 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 |
| Operating profit margin | 5.84% | 6.62% | 5.96% | 6.18% | 6.45% | 6.71% | 7.48% | 8.74% | 9.88% | 10.71% | 10.70% | 9.32% | 9.43% | 9.54% | 10.26% | 11.94% | 13.11% | 12.78% | 12.12% | 11.57% |
February 24, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $138,014K ÷ $2,365,112K
= 5.84%
The operating profit margin of Unifirst Corporation has shown some fluctuations over the past several periods. The operating profit margin, which represents the percentage of revenue that translates into operating profit, was 5.84% in the most recent period, Feb 24, 2024. This figure has declined from the previous period but remains relatively stable compared to historical levels.
Looking back over the past two years, the operating profit margin has ranged from a low of 5.84% to a high of 13.11%. There seems to be a general downward trend in the operating profit margin, with occasional spikes observed along the way. This could indicate varying levels of operational efficiency and cost control within the company.
It is worth noting that Unifirst Corporation's operating profit margin was strongest in the earlier periods, reaching its peak of 13.11% on Feb 29, 2020. However, since then, there has been a gradual decline in the margin, with some periods showing slight improvements before declining again.
Overall, the company's operating profit margin fluctuates within a certain range, reflecting the dynamics of its operating performance and cost management strategies. It will be important for Unifirst Corporation to monitor these margins closely and potentially implement measures to improve operational efficiency and profitability in the future.
Peer comparison
Feb 24, 2024