United Natural Foods Inc (UNFI)
Gross profit margin
| Aug 3, 2024 | Apr 27, 2024 | Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 4,201,000 | 4,051,000 | 4,031,000 | 4,065,000 | 4,131,000 | 4,218,000 | 4,230,000 | 4,236,000 | 4,182,000 | 4,133,000 | 4,091,000 | 4,011,000 | 3,939,000 | 3,935,020 | 4,015,250 | 3,937,575 | 3,874,786 | 3,843,745 | 3,715,688 | 3,696,450 |
| Revenue (ttm) | US$ in thousands | 30,984,000 | 30,111,000 | 30,120,000 | 30,161,000 | 30,134,000 | 30,025,000 | 29,834,000 | 29,424,000 | 28,879,000 | 28,351,000 | 27,643,000 | 27,106,460 | 26,729,410 | 26,680,080 | 27,135,800 | 26,732,720 | 26,449,380 | 26,491,000 | 25,421,900 | 25,139,730 |
| Gross profit margin | 13.56% | 13.45% | 13.38% | 13.48% | 13.71% | 14.05% | 14.18% | 14.40% | 14.48% | 14.58% | 14.80% | 14.80% | 14.74% | 14.75% | 14.80% | 14.73% | 14.65% | 14.51% | 14.62% | 14.70% |
August 3, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $4,201,000K ÷ $30,984,000K
= 13.56%
The gross profit margin of United Natural Foods Inc has shown some fluctuations over the past several quarters. The margin has ranged from a low of 13.38% in January 2024 to a high of 14.80% in January 2022 and April 2022. Overall, the trend has been relatively stable, with the margin hovering around the mid- to high-13% range.
The gross profit margin is a key indicator of a company's profitability and efficiency in generating revenue from its core business activities. A higher gross profit margin indicates that the company is able to effectively manage its production costs and generate more profit on each dollar of sales. Conversely, a lower margin may suggest pricing pressures or higher production costs relative to revenue.
It is important for United Natural Foods Inc to closely monitor its gross profit margin and identify any factors that may be influencing fluctuations in order to sustain profitability and competitiveness in the market.
Peer comparison
Aug 3, 2024