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WK Kellogg Co (WK Kellogg Co) Net Margin % : 4.67% (As of Mar. 2024)


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What is WK Kellogg Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. WK Kellogg Co's Net Income for the three months ended in Mar. 2024 was $33 Mil. WK Kellogg Co's Revenue for the three months ended in Mar. 2024 was $707 Mil. Therefore, WK Kellogg Co's net margin for the quarter that ended in Mar. 2024 was 4.67%.

The historical rank and industry rank for WK Kellogg Co's Net Margin % or its related term are showing as below:

KLG' s Net Margin % Range Over the Past 10 Years
Min: -0.93   Med: 5.17   Max: 6.59
Current: 3.95

KLG's Net Margin % is ranked better than
55.08% of 1859 companies
in the Consumer Packaged Goods industry
Industry Median: 3.21 vs KLG: 3.95

WK Kellogg Co Net Margin % Historical Data

The historical data trend for WK Kellogg Co's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WK Kellogg Co Net Margin % Chart

WK Kellogg Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Margin %
6.35 6.59 -0.93 3.98

WK Kellogg Co Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3.33 2.64 6.07 2.30 4.67

Competitive Comparison of WK Kellogg Co's Net Margin %

For the Packaged Foods subindustry, WK Kellogg Co's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

WK Kellogg Co's Net Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, WK Kellogg Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where WK Kellogg Co's Net Margin % falls into.


WK Kellogg Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

WK Kellogg Co's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=110/2763
=3.98 %

WK Kellogg Co's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=33/707
=4.67 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

WK Kellogg Co  (NYSE:KLG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

WK Kellogg Co Net Margin % Related Terms

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WK Kellogg Co (WK Kellogg Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » WK Kellogg Co (NYSE:KLG) » Definitions » Net Margin %
Comparable Companies
USNA TJBH UTZ HAIN WEST JBSS BRCC BGS SENEA BYND XSWX:NESN KHC XPAR:BN GIS SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF
Traded in Other Exchanges
KU9:Germany
Address
One Kellogg Square, Battle Creek, MI, USA, 49016
Website
WK Kellogg is the second-largest cereal manufacturer in North America. Its cereal brands include Special K, Frosted Flakes, Raisin Bran, Froot Loops, Frosted Mini Wheats, Kashi, Corn Flakes, Rice Krispies, Apple Jacks, and Bear Naked. The company was spun off from the former Kellogg business, now known as Kellanova, where the former firm's global snacks portfolio and international cereal are now housed. WK Kellogg, which began trading in October 2023, generates the bulk of its sales (about 88% of its proforma fiscal 2022 base) from its home turf.
Executives
Sherry Brice officer: Chief Supply Chain Officer C/O WK KELLOGG CO, ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
Norma Barnes-euresti director ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
David Mckinstray officer: Chief Financial Officer ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
Doug Vandevelde officer: Chief Growth Officer ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
Gary H Pilnick director, officer: President
Bruce Alan Brown officer: Chief Customer Officer ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
Michael Corbo director C/O COLGATE-PALMOLIVE COMPANY, 300 PARK AVENUE, NEW YORK NY 10022
Mindy Sherwood director C/O WK KELLOGG CO, ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
Julio N Nemeth director ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
R David Banyard director MYERS INDUSTRIES INC., 1293 SOUTH MAIN STREET, AKRON OH 44301
Ramon Murguia director ONE MICHIGAN AVENUE EAST, BATTLE CREEK MI 49017-4058
Kellogg W K Foundation Trust 10 percent owner 50 S. LA SALLE ST., B-10, CHICAGO IL 60603
Kellogg W K Foundation 10 percent owner
G Zachary Gund director 14 NASSAU STREET, PRINETON NJ 08542
Ellanova 10 percent owner 412 N WELLS ST, CHICAGO IL 60654