Adtalem Global Education Inc (ATGE)
Profitability ratios
Return on sales
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 13.39% | 9.80% | 9.31% | 9.33% | 9.14% | 31.82% | 29.83% | 26.71% | 27.25% | 19.22% | 24.45% | 32.44% | 39.82% | 42.13% | 41.11% | 38.93% | 35.27% | 41.80% | 41.59% | 44.81% |
| Operating profit margin | 13.70% | 12.22% | 12.42% | 11.79% | 11.59% | 11.96% | 10.17% | 8.67% | 5.78% | 5.02% | 5.90% | 7.17% | 13.02% | 43.17% | 32.73% | 22.60% | 10.62% | 25.67% | 24.58% | 28.45% |
| Pretax margin | 10.29% | 8.78% | 8.96% | 7.83% | 7.10% | 7.49% | 27.84% | 24.24% | 21.69% | 22.23% | -2.94% | 1.61% | 10.16% | -21.84% | -7.87% | -8.99% | -9.53% | 24.04% | 13.60% | 15.31% |
| Net profit margin | 8.63% | 7.12% | 7.93% | 7.06% | 6.43% | 5.47% | 26.41% | 25.79% | 22.77% | 25.37% | -0.58% | -0.10% | 8.48% | -19.95% | -6.30% | -7.85% | -8.11% | 20.84% | 10.28% | 11.54% |
Adtalem Global Education Inc's profitability ratios have shown significant fluctuations over the past several quarters. The gross profit margin has been quite volatile, ranging from a low of 9.14% in Q2 2023 to a high of 44.81% in Q4 2019. The operating profit margin has also varied widely, with Q1 2021 and Q2 2021 showing exceptionally high margins of 43.17% and 32.73%, respectively.
The pretax margin has been subject to extreme swings, with Q4 2020 and Q1 2021 reporting negative margins of -21.84% and -7.87%, only to be followed by positive margins exceeding 24% in Q4 2019 and Q3 2019. Lastly, the net profit margin has displayed similar volatility, hitting a negative bottom of -19.95% in Q1 2021 and peaking at 25.37% in Q2 2022.
Overall, the profitability ratios of Adtalem Global Education Inc reflect significant variability in performance, showcasing periods of both substantial profitability and considerable challenges. Further analysis of the company's financial and operational strategies would be needed to fully understand the reasons behind these fluctuations.
Return on investment
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 7.92% | 6.93% | 6.88% | 6.18% | 5.98% | 6.04% | 5.16% | 4.20% | 2.64% | 1.78% | 1.80% | 1.84% | 3.83% | 13.30% | 14.16% | 9.86% | 4.95% | 11.10% | 10.73% | 11.93% |
| Return on assets (ROA) | 4.99% | 4.04% | 4.39% | 3.70% | 3.32% | 2.76% | 13.40% | 12.49% | 10.42% | 8.99% | -0.18% | -0.03% | 2.49% | -6.15% | -2.72% | -3.42% | -3.78% | 9.01% | 4.49% | 4.84% |
| Return on total capital | 11.23% | 10.12% | 9.49% | 8.47% | 7.72% | 7.97% | 22.29% | 20.17% | 18.45% | 15.26% | 2.59% | 3.52% | 5.65% | -7.84% | -3.81% | -4.54% | -5.06% | 15.78% | 9.51% | 10.77% |
| Return on equity (ROE) | 9.99% | 8.30% | 8.66% | 7.50% | 6.41% | 5.24% | 25.24% | 25.01% | 21.16% | 21.41% | -0.51% | -0.08% | 5.95% | -14.40% | -4.72% | -5.99% | -6.52% | 17.01% | 8.29% | 8.97% |
Adtalem Global Education Inc's profitability ratios have shown some fluctuations over the periods analyzed.
- Operating return on assets (Operating ROA) has generally been increasing from 1.80% in March 2022 to 7.92% in June 2024. This indicates that the company's operating profit generated from its assets has been improving over time.
- Return on assets (ROA) has also shown an upward trend, with a slight dip in the negative territory in December 2021 and September 2021. The ratio reached its peak at 13.40% in December 2022 but declined thereafter, settling at 4.99% in June 2024. This suggests that the company's overall profitability relative to its total assets has been inconsistent.
- Return on total capital has exhibited a similar pattern of fluctuations, with a peak of 22.29% in December 2022 and a low of 2.59% in March 2022. The ratio has shown some improvement in recent periods, reaching 11.23% in June 2024.
- Return on equity (ROE) has similarly varied, with a notable dip into negative territory in March 2021 and September 2021. The ratio improved consistently from -14.40% in March 2021 to 9.99% in June 2024. ROE reflects how effectively the company is utilizing shareholders' equity to generate profits.
In conclusion, while Adtalem Global Education Inc's profitability ratios have shown some fluctuations, there have been improvements in certain key metrics, particularly in the latter periods. It is important for the company to sustain and improve upon these positive trends to ensure long-term financial health and shareholder value.