B&G Foods Inc (BGS)
Profitability ratios
Return on sales
| 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 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 22.19% | 21.72% | 21.08% | 19.78% | 18.93% | 18.25% | 18.36% | 20.18% | 21.32% | 22.21% | 23.96% | 24.51% | 24.55% | 24.35% | 24.05% | 23.57% | 23.07% | 20.55% | 21.07% | 20.56% |
| Operating profit margin | 3.92% | 5.00% | 5.96% | 4.89% | 4.56% | 2.54% | 7.54% | 9.14% | 9.57% | 10.97% | 12.81% | 13.78% | 14.09% | 14.44% | 13.95% | 12.89% | 12.28% | 20.20% | 20.61% | 20.25% |
| Pretax margin | -3.27% | -1.79% | -0.52% | -1.25% | -0.87% | -2.60% | 2.58% | 4.27% | 4.57% | 5.92% | 7.69% | 8.86% | 9.04% | 9.04% | 8.37% | 6.94% | 6.37% | 13.93% | 14.15% | 13.39% |
| Net profit margin | -3.23% | -2.12% | -1.00% | -1.48% | -0.53% | -1.92% | 1.90% | 3.08% | 3.29% | 4.24% | 5.60% | 6.48% | 6.73% | 6.75% | 6.22% | 5.17% | 4.60% | 10.80% | 10.93% | 10.38% |
B&G Foods Inc's profitability ratios have fluctuated over the periods analyzed. The gross profit margin has shown a mixed trend, generally improving from 2019 to 2022, plateauing in mid-2022, and slightly declining in the recent quarters.
The operating profit margin has also varied, with peaks in mid-2022 and then a decline in the most recent quarters. Despite fluctuations, the operating profit margin has generally remained positive, indicating the company's ability to generate profits from its core operations.
The pretax margin has displayed volatility, with negative margins in some quarters. The trend shows improvement up to mid-2022, followed by a decline into negative territory in the recent periods.
Similarly, the net profit margin has fluctuated, though it has generally been positive. The net profit margin indicates the company's efficiency in managing its expenses to generate profit, with a noticeable decline in the recent quarters.
Overall, B&G Foods Inc's profitability ratios suggest a mixed performance, with fluctuations in margins indicating challenges in maintaining consistent profitability over the periods under review. Further analysis into the company's cost structure and revenue sources may provide insights into the factors driving these changes in profitability ratios.
Return on investment
| 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 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 2.32% | 2.65% | 3.41% | 2.78% | 2.57% | 1.35% | 4.04% | 4.96% | 5.12% | 5.53% | 6.71% | 7.44% | 7.34% | 8.49% | 7.88% | 6.59% | 6.32% | 9.32% | 10.64% | 10.71% |
| Return on assets (ROA) | -1.91% | -1.12% | -0.57% | -0.84% | -0.30% | -1.02% | 1.02% | 1.67% | 1.76% | 2.14% | 2.94% | 3.50% | 3.50% | 3.97% | 3.52% | 2.64% | 2.37% | 4.98% | 5.64% | 5.49% |
| Return on total capital | 2.81% | 3.79% | 4.07% | 3.32% | 3.08% | 1.64% | 4.90% | 5.96% | 6.15% | 6.74% | 7.97% | 8.77% | 8.73% | 10.51% | 9.52% | 7.89% | 7.59% | 11.18% | 12.63% | 13.10% |
| Return on equity (ROE) | -7.92% | -5.29% | -2.46% | -3.67% | -1.31% | -4.81% | 4.24% | 7.02% | 7.32% | 10.15% | 13.12% | 15.56% | 15.87% | 15.42% | 13.99% | 11.01% | 9.40% | 21.11% | 20.61% | 19.23% |
Based on the profitability ratios of B&G Foods Inc, several trends can be observed over the recorded periods.
- Operating Return on Assets (Operating ROA) fluctuates, ranging from a low of 1.35% to a high of 8.49%. The ratios show some volatility, with a notable decline from December 2019 to March 2021, followed by an increase and then a decrease again towards the end of the period.
- Return on Assets (ROA) follows a similar pattern as Operating ROA, with negative values at times, showing a downtrend in profitability from December 2019 to March 2021, followed by improvements and then another decline towards negative values in recent periods.
- Return on Total Capital generally displays an upward trend, starting at 1.64% in September 2020 and reaching a peak of 13.10% in March 2022 before experiencing slight fluctuations. This ratio indicates the company's ability to generate profits from its total invested capital.
- Return on Equity (ROE) also shows an increasing trend over time, starting from negative values in September 2019 and reaching a high of 21.11% in March 2021 before fluctuating in recent periods. ROE indicates the company's profitability in relation to shareholders' equity.
Overall, the profitability ratios of B&G Foods Inc exhibit variability and some volatility over the recorded periods, with fluctuations in performance measures such as ROA, Operating ROA, ROE, and Return on Total Capital. These fluctuations could be attributed to changes in the company's operations, financial structure, or external economic conditions.