Unifirst Corporation (UNF)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 183,578 | 165,754 | 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 |
| 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 |
| Operating profit margin | 7.54% | 6.84% | 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% |
August 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $183,578K ÷ $2,434,673K
= 7.54%
Unifirst Corporation's operating profit margin has shown a fluctuating trend over the past few years, with percentages ranging from 5.84% to 13.11%. Over the most recent period, the operating profit margin has been relatively stable, hovering around the 6-8% range. While the margin has shown a decline compared to prior periods where it was above 10%, it is important to note that Unifirst Corporation's profitability remains positive.
It is recommended that Unifirst Corporation closely monitors its operating expenses and revenue generation strategies to ensure efficient cost management and sustainable profit margins in the future. By continuously evaluating the factors influencing the company's operating profit margin, Unifirst Corporation can make informed decisions to improve its financial performance.
Peer comparison
Aug 31, 2024