Winnebago Industries Inc (WGO)
Operating profit margin
| Aug 31, 2024 | Aug 26, 2023 | Aug 27, 2022 | Aug 28, 2021 | Aug 29, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 100,200 | 300,700 | 583,500 | 407,400 | 113,763 |
| Revenue | US$ in thousands | 2,973,500 | 3,470,200 | 4,916,420 | 3,594,240 | 2,318,070 |
| Operating profit margin | 3.37% | 8.67% | 11.87% | 11.33% | 4.91% |
August 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $100,200K ÷ $2,973,500K
= 3.37%
Winnebago Industries Inc's operating profit margin has displayed varying trends over the past five years, as shown in the table. The operating profit margin is a key measure of a company's operational efficiency and profitability.
In the most recent fiscal year ending on August 31, 2024, the operating profit margin decreased to 3.37%, marking a significant decline from the prior year's figure of 8.67%. This decrease suggests that Winnebago Industries Inc may have faced challenges in managing its operating expenses and generating profits from its core business activities.
Comparing the figures further back, the operating profit margin was relatively higher in the fiscal years ending on August 27, 2022 (11.87%) and August 28, 2021 (11.33%). These higher margins indicate that the company was more effective in controlling costs and converting revenue into operating profit during those periods.
The operating profit margin was notably lower in the fiscal year ending on August 29, 2020, at 4.91%. This figure indicates that Winnebago Industries Inc may have experienced difficulties in maintaining profitability in that particular year.
Overall, Winnebago Industries Inc's operating profit margin has shown fluctuations over the past five years. It is advisable for the company to focus on improving operational efficiency and cost management to enhance its profitability in the future.
Peer comparison
Aug 31, 2024