CABCO Trust for JC Penney Debentures
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2007 | — | 13.6% | 10.7% |
| FY2008 | — | -4.2% | -3.9% |
| FY2009 | — | 4.7% | 9.6% |
| FY2010 | — | 10.8% | 7.9% |
| FY2011 | — | 10.1% | 7.4% |
| FY2012 | — | 0.8% | 0.6% |
| FY2013 | — | -4.1% | -1.6% |
| FY2014 | — | 6.8% | 2.6% |
| FY2015 | — | 15.9% | 9.9% |
| FY2016 | — | 12.0% | 7.4% |