Buckle Inc (BKE)
Profitability ratios
Return on sales
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 49.09% | 50.25% | 50.44% | 44.46% | 41.93% |
| Operating profit margin | 21.49% | 24.39% | 25.92% | 18.64% | 14.61% |
| Pretax margin | 22.93% | 24.91% | 26.09% | 18.97% | 15.30% |
| Net profit margin | 17.44% | 18.93% | 19.68% | 14.44% | 11.60% |
Buckle Inc has exhibited fluctuations in its profitability ratios over the past five years. The gross profit margin has shown a slight decrease from 50.44% in 2022 to 49.09% in 2024. This indicates that the company is retaining less revenue after accounting for production costs. However, the gross profit margin remains relatively healthy, indicating efficient cost management.
The operating profit margin decreased from 25.92% in 2022 to 21.49% in 2024, indicating a decline in profitability from core business operations. This suggests that Buckle Inc may be experiencing challenges in controlling operating expenses or generating sufficient revenue.
The pretax margin also decreased from 26.09% in 2022 to 22.93% in 2024, signaling a decrease in earnings before taxes relative to total revenue. This trend may imply lower efficiency in managing taxes or overall profitability.
Despite the fluctuations, Buckle Inc's net profit margin has shown a consistent upward trend, increasing from 11.60% in 2020 to 17.44% in 2024. This suggests that the company has been successful in managing its bottom line profitability after considering all expenses, including taxes and interest. The increasing net profit margin indicates improved overall profitability and financial performance for Buckle Inc.
Return on investment
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 30.46% | 39.18% | 42.96% | 19.87% | 15.15% |
| Return on assets (ROA) | 24.72% | 30.40% | 32.63% | 15.39% | 12.03% |
| Return on total capital | 65.60% | 87.20% | 107.21% | 42.36% | 33.79% |
| Return on equity (ROE) | 53.22% | 67.66% | 81.43% | 32.81% | 26.84% |
Buckle Inc's profitability ratios have shown a strong performance over the past five years.
1. Operating return on assets (Operating ROA) has displayed a consistent trend of improvement since 2020, indicating the company's ability to generate profits from its assets dedicated to operations. The ratio stood at 30.46% in 2024, reflecting a slight decrease from the previous year but remained robust overall.
2. Return on assets (ROA) also exhibited a positive trajectory over the years, with a noticeable increase in profitability generated from total assets. The ROA ratio was 24.72% in 2024, reflecting a healthy return relative to the company's asset base.
3. Return on total capital demonstrates the efficiency of Buckle Inc in generating profits from both equity and debt capital employed in its operations. The ratio has been consistently strong, reaching 65.60% in 2024, indicating a high return relative to the total invested capital.
4. Return on equity (ROE) measures the return generated on shareholders' equity, and Buckle Inc has shown a steady increase in this ratio over the years. The ROE stood at 53.22% in 2024, reflecting a strong performance in generating profits for shareholders compared to the equity invested in the company.
Overall, Buckle Inc's profitability ratios suggest effective utilization of assets and capital, resulting in strong returns for both the company and its shareholders.