Unifirst Corporation (UNF)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 35.11% | 34.34% | 33.60% | 34.09% | 33.86% | 34.17% | 34.50% | 34.80% | 35.50% | 36.43% | 37.07% | 37.59% | 52.45% | 51.02% | 50.80% | 50.60% | 51.96% | 53.45% | 53.83% | 53.81% |
| 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% |
| Pretax margin | 7.78% | 6.97% | 6.05% | 6.94% | 6.20% | 6.41% | 6.55% | 6.70% | 7.45% | 8.73% | 9.94% | 10.77% | 10.91% | 9.49% | 9.60% | 9.83% | 10.52% | 12.31% | 13.45% | 13.11% |
| 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% |
Unifirst Corporation's profitability ratios reflect its ability to generate earnings relative to its revenue over a series of historical periods. The company's gross profit margin has shown some fluctuation but generally trended downward slightly from 2019 to 2024, with a range between 33.60% to 37.59%. This indicates efficiency in managing production costs but with some variability in profitability from sales.
The operating profit margin, which measures operational efficiency, has also experienced fluctuations but remained relatively stable over time. It ranged from 5.84% to 13.11%, showing the company's ability to control operating expenses and generate profits from its core business activities.
The pretax margin, reflecting Unifirst Corporation's profitability before accounting for taxes, has shown a similar trend to the operating margin, ranging from 6.05% to 13.45%. This suggests that the company has been effective in managing costs and generating income before tax expenses over the analyzed periods.
Lastly, the net profit margin, representing the company's bottom line profitability after all expenses including taxes, has also experienced fluctuations but generally remained stable over time. It ranged from 4.50% to 10.26%, indicating Unifirst's ability to retain a portion of its revenue as net profit.
In summary, Unifirst Corporation has maintained generally consistent profitability ratios over the historical periods analyzed, with some fluctuations in gross profit margin and net profit margin. The company's ability to manage costs and generate profits from its operations is evident, though potential areas for improvement may include enhancing gross profit margins and sustaining or improving net profit margins over time.
Return on investment
| 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 return on assets (Operating ROA) | 6.81% | 6.25% | 5.27% | 5.90% | 5.20% | 5.34% | 5.43% | 5.53% | 6.06% | 6.90% | 7.70% | 8.22% | 8.21% | 7.26% | 7.55% | 7.85% | 8.86% | 10.37% | 11.38% | 11.33% |
| Return on assets (ROA) | 5.40% | 4.77% | 4.06% | 4.60% | 4.03% | 4.20% | 4.23% | 4.26% | 4.64% | 5.34% | 5.96% | 6.35% | 6.34% | 5.60% | 5.79% | 6.17% | 6.98% | 8.18% | 8.90% | 8.75% |
| Return on total capital | 8.71% | 7.99% | 6.73% | 7.52% | 6.67% | 6.70% | 6.85% | 7.01% | 7.67% | 8.77% | 9.74% | 10.46% | 10.39% | 9.17% | 9.51% | 9.92% | 11.17% | 13.13% | 14.42% | 14.14% |
| Return on equity (ROE) | 6.90% | 6.10% | 5.19% | 5.87% | 5.17% | 5.27% | 5.34% | 5.40% | 5.87% | 6.78% | 7.54% | 8.07% | 8.02% | 7.07% | 7.30% | 7.80% | 8.79% | 10.35% | 11.28% | 10.91% |
Unifirst Corporation's profitability ratios fluctuated over the examined period.
- Operating return on assets (Operating ROA) increased from 5.20% in August 2023 to 6.81% in August 2024, indicating the company's ability to generate operating income from its assets improved over time.
- Return on assets (ROA) also saw an upward trend from 4.03% in August 2023 to 5.40% in August 2024, showing the company's ability to generate profits from its total assets improved materially during this period.
- Return on total capital exhibited a similar growth trajectory, climbing from 6.67% in August 2023 to 8.71% in August 2024, suggesting efficient use of both equity and debt to generate returns for the company's shareholders and debt holders.
- Return on equity (ROE) followed a similar pattern, rising from 5.17% in August 2023 to 6.90% in August 2024, indicating an improvement in the company's ability to generate profits from shareholders' equity.
Overall, Unifirst Corporation demonstrated an improvement in profitability ratios across all categories, reflecting a positive trend in the company's operational efficiency and capacity to generate returns for its stakeholders.