United Natural Foods Inc (UNFI)
Net profit margin
| Aug 3, 2024 | Jul 29, 2023 | Jul 30, 2022 | Jul 31, 2021 | Aug 1, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -112,000 | 24,000 | 248,000 | 149,000 | -274,000 |
| Revenue | US$ in thousands | 30,984,000 | 30,138,000 | 28,858,000 | 26,755,000 | 26,303,000 |
| Net profit margin | -0.36% | 0.08% | 0.86% | 0.56% | -1.04% |
August 3, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-112,000K ÷ $30,984,000K
= -0.36%
United Natural Foods Inc's net profit margin has been fluctuating over the past five years. In the most recent fiscal year ending August 3, 2024, the company reported a negative net profit margin of -0.36%, indicating that the company experienced a net loss relative to its revenue. This decline in profitability compared to the previous year's net profit margin of 0.08% suggests a deterioration in the company's financial performance.
Looking further back, the net profit margin was 0.86% in July 30, 2022, and 0.56% in July 31, 2021, indicating that the company was more profitable in those years compared to the most recent fiscal year. However, in August 1, 2020, the net profit margin was -1.04%, showing a significant loss compared to the recent years.
Overall, the fluctuating trend in net profit margin suggests varying levels of profitability for United Natural Foods Inc over the past five years, with the most recent year showing a negative margin, highlighting potential challenges facing the company in generating profits relative to its revenue. Further analysis of the company's financial performance and operational efficiency may be needed to determine the underlying factors contributing to these fluctuations in net profit margin.
Peer comparison
Aug 3, 2024