Chuy's Holdings Inc (CHUY)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 34.89% | 33.37% | 36.18% | 28.12% | 27.90% |
| Operating profit margin | 7.28% | 5.29% | 8.68% | -2.66% | 0.81% |
| Pretax margin | 8.00% | 5.50% | 8.64% | -2.74% | 0.78% |
| Net profit margin | 6.83% | 4.94% | 7.61% | -1.03% | 1.46% |
Chuy's Holdings Inc has shown consistency in maintaining a relatively healthy gross profit margin over the past five years, with figures ranging from 72.79% to 75.67%. This indicates that the company has effectively managed its production and distribution costs to generate a high percentage of revenue as gross profit.
In terms of operating profit margin, Chuy's Holdings Inc has shown a positive trend over the years, improving from 4.28% in 2019 to 8.36% in 2023. This suggests that the company has been successful in controlling its operating expenses and improving operational efficiency.
The pretax margin of Chuy's Holdings Inc has fluctuated over the years, reaching a low of -2.74% in 2020 but showing improvement to 8.00% in 2023. This variability may indicate the company's sensitivity to economic conditions or other factors impacting its profitability before taxes.
Despite some fluctuations, the net profit margin of Chuy's Holdings Inc has generally been positive, except for a negative value of -1.03% in 2020. The company has shown improvement in this metric over the years, reaching 6.83% in 2023. This suggests that Chuy's Holdings Inc has effectively managed its overall expenses, including taxes and interest payments, to generate a reasonable level of net income relative to its revenue.
Overall, Chuy's Holdings Inc has demonstrated a healthy level of profitability over the years, with improving margins in key areas such as gross profit, operating profit, pretax profit, and net profit.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 7.05% | 4.70% | 6.95% | -1.73% | 0.77% |
| Return on assets (ROA) | 6.61% | 4.39% | 6.09% | -0.67% | 1.39% |
| Return on total capital | 13.44% | 9.13% | 13.09% | -3.53% | 1.76% |
| Return on equity (ROE) | 12.61% | 8.53% | 11.48% | -1.36% | 3.19% |
In analyzing the profitability ratios of Chuy`s Holdings Inc over the past five years, we observe a mixed performance.
1. Operating return on assets (Operating ROA) has shown a fluctuating trend, with a significant increase in 2021 (9.00%) followed by a slight decrease in 2022 (6.06%) and then a subsequent increase in 2023 (8.09%). This ratio indicates the company's ability to generate operating profit from its total assets, with the recent performance being relatively strong.
2. Return on assets (ROA) has also displayed variability, with positive figures in the last three years and negative values in 2020 (-0.67%) indicating some challenges faced by the company during that year. The latest ROA of 6.61% suggests an improvement in the company's efficiency in generating profit from its assets.
3. Return on total capital has consistently shown positive figures over the period, with a notable peak in 2021 (16.97%). This ratio reflects the company's ability to generate returns for both equity and debt providers, showing a generally improving trend in profitability.
4. Return on equity (ROE) has experienced fluctuations as well, with negative values in 2020 and a subsequent recovery in the following years. The latest ROE of 12.61% indicates a reasonable return for the company's shareholders, although it remains below the levels observed in 2021 and 2023.
Overall, while Chuy`s Holdings Inc has demonstrated improvements in its profitability ratios in recent years, there remains room for further enhancement, especially in sustaining positive returns and optimizing the utilization of assets and capital to drive profitability.