{
  "better_direction": null,
  "coverage": {
    "end": "2026-06-28",
    "start": "2018-06-25"
  },
  "description": "Woolworths New Zealand's earnings before interest and tax (before significant items) as a percentage of its total sales, by financial year. This is the margin left after the cost of goods and running the business, before interest and tax.",
  "id": "supermarket-ebit-margin",
  "issues": [],
  "kind": "rate",
  "limitations": [
    "F19 is before the AASB 16 lease standard, which raises EBIT from F20 onward; the F19 margin is not directly comparable.",
    "Calculated from the rounded $m figures, so it can differ from Woolworths' own one-decimal margin by up to 0.1 points (F23: 3.15% here, 3.2% reported).",
    "One retailer only; Foodstuffs' co-operative accounts are not comparable."
  ],
  "provenance": {
    "adapter": "derive:ratio",
    "formula": "EBIT margin (%) = EBIT before significant items ÷ total sales × 100 (both NZ$, as reported by Woolworths Group)",
    "inputs": [
      {
        "content_hash": "3e7504dbea37451cc06246d08ae24270a86b5579be1941bf51585fb8872c9b99",
        "dataset": "supermarket-profits",
        "series": "woolworths-nz.ebit",
        "source": "Woolworths Group Limited \u2014 Woolworths Group annual reports: New Zealand Food segment (NZ$)"
      },
      {
        "content_hash": "3e7504dbea37451cc06246d08ae24270a86b5579be1941bf51585fb8872c9b99",
        "dataset": "supermarket-profits",
        "series": "woolworths-nz.sales",
        "source": "Woolworths Group Limited \u2014 Woolworths Group annual reports: New Zealand Food segment (NZ$)"
      }
    ],
    "origin": "calculated",
    "retrieved_at": "2026-10-10T23:52:37.389Z",
    "sha256": "17303f1d34f6222ed154cca4ab18f5d8871482f152b27921c6938aff7251b221",
    "snapshot": ""
  },
  "related": [
    "supermarket-profits",
    "food-price-index"
  ],
  "series": [
    {
      "frequency": "annual",
      "id": "woolworths-nz.ebit-margin",
      "notes": [],
      "observations": [
        {
          "basis": "pre-aasb16",
          "end": "2019-06-30",
          "label": "F19 (53 weeks to 30 Jun 2019)",
          "period": "2019-06-30",
          "start": "2018-06-25",
          "value": 4.41001191895
        },
        {
          "basis": "aasb16",
          "end": "2020-06-28",
          "label": "F20 (52 weeks to 28 Jun 2020)",
          "period": "2020-06-28",
          "start": "2019-07-01",
          "value": 5.25583982202
        },
        {
          "basis": "aasb16",
          "end": "2021-06-27",
          "label": "F21 (52 weeks to 27 Jun 2021)",
          "period": "2021-06-27",
          "start": "2020-06-29",
          "value": 5.05177721802
        },
        {
          "basis": "aasb16",
          "end": "2022-06-26",
          "label": "F22 (52 weeks to 26 Jun 2022)",
          "period": "2022-06-26",
          "start": "2021-06-28",
          "value": 4.17823614968
        },
        {
          "basis": "aasb16",
          "end": "2023-06-25",
          "label": "F23 (52 weeks to 25 Jun 2023)",
          "period": "2023-06-25",
          "start": "2022-06-27",
          "value": 3.14711830131
        },
        {
          "basis": "aasb16",
          "end": "2024-06-30",
          "label": "F24 (53 weeks to 30 Jun 2024)",
          "period": "2024-06-30",
          "start": "2023-06-26",
          "value": 1.32255694342
        },
        {
          "basis": "aasb16",
          "end": "2025-06-29",
          "label": "F25 (52 weeks to 29 Jun 2025)",
          "period": "2025-06-29",
          "start": "2024-07-01",
          "value": 1.81028240406
        },
        {
          "basis": "aasb16",
          "end": "2026-06-28",
          "label": "F26 (52 weeks to 28 Jun 2026)",
          "period": "2026-06-28",
          "start": "2025-06-30",
          "value": 1.91967966082
        }
      ],
      "period_convention": "As stated in each cited report; see period_start and period_end",
      "source_label": "Woolworths NZ (New Zealand Food) EBIT before significant items",
      "title": "Woolworths NZ EBIT margin",
      "unit": "percent"
    }
  ],
  "source": {
    "id": "derived",
    "landing_url": "https://nzinnumbers.co.nz/methodology",
    "licence": {
      "attribution": "Calculated by NZ in Numbers from the source datasets listed; please also credit those sources.",
      "checked_on": "2026-10-10",
      "evidence": "Our own calculations, released under CC BY 4.0. Input data keep their own licences (see inputs).",
      "name": "Creative Commons Attribution 4.0 International (CC BY 4.0)",
      "reuse": "open-licence",
      "status": "confirmed",
      "url": "https://creativecommons.org/licenses/by/4.0/"
    },
    "name": "NZ in Numbers calculation",
    "organisation": "NZ in Numbers"
  },
  "title": "Supermarket profit margin: Woolworths New Zealand EBIT as a share of sales",
  "topic": "cost-of-living"
}