Columbia Sportswear Company (COLM)
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 | 49.30% | 49.30% | 49.12% | 48.86% | 49.08% | 49.66% | 50.42% | 50.88% | 51.33% | 50.84% | 50.48% | 49.77% | 48.93% | 48.78% | 48.91% | 49.07% | 49.82% | 50.30% | 50.05% | 49.96% |
| Operating profit margin | 8.84% | 9.75% | 10.13% | 10.32% | 11.28% | 13.04% | 13.28% | 14.13% | 14.34% | 12.41% | 11.19% | 8.19% | 5.48% | 5.98% | 7.95% | 10.32% | 12.98% | 13.61% | 13.35% | 13.32% |
| Pretax margin | 9.30% | 10.11% | 10.47% | 10.55% | 11.40% | 13.05% | 13.28% | 14.18% | 14.37% | 12.42% | 11.16% | 8.14% | 5.58% | 6.18% | 8.19% | 10.66% | 13.33% | 13.94% | 13.69% | 13.62% |
| Net profit margin | 7.16% | 7.84% | 8.14% | 8.20% | 8.93% | 9.95% | 10.06% | 11.12% | 11.27% | 10.02% | 9.07% | 6.40% | 4.32% | 4.97% | 6.66% | 8.68% | 10.86% | 10.97% | 10.73% | 10.43% |
Columbia Sportswear Co. has demonstrated relatively stable gross profit margins over the past eight quarters, ranging between 49.16% and 50.74%. This indicates the company has been effectively managing its production costs and maintaining healthy profitability on its sales.
The operating profit margin has shown a decreasing trend from 13.62% in Q1 2022 to 8.99% in Q4 2023. This decline suggests that the company's operating expenses may be increasing relative to its revenues, impacting its profitability from core business operations.
Similarly, the pretax margin has also decreased gradually over the quarters, from 14.26% in Q1 2022 to 9.35% in Q4 2023. This indicates that Columbia Sportswear Co. may be facing rising non-operating expenses or facing challenges in generating income before taxes.
The net profit margin has also experienced a decline, falling from 11.19% in Q1 2022 to 7.21% in Q4 2023. This indicates that after accounting for all expenses, including interest and taxes, the company's bottom-line profitability has been under pressure in recent quarters.
Overall, the trend in profitability ratios for Columbia Sportswear Co. suggests the company may be facing challenges in controlling costs and maintaining its historical levels of profitability in the face of changing market conditions or internal operational factors. Monitoring these ratios closely can help assess the company's financial health and management efficiency.
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) | 10.56% | 12.60% | 13.02% | 12.66% | 12.88% | 15.54% | 16.04% | 16.63% | 14.69% | 12.55% | 10.99% | 7.50% | 4.83% | 5.73% | 8.33% | 11.09% | 13.47% | 14.87% | 14.51% | 14.52% |
| Return on assets (ROA) | 8.55% | 10.14% | 10.47% | 10.07% | 10.21% | 11.86% | 12.16% | 13.09% | 11.55% | 10.14% | 8.91% | 5.86% | 3.81% | 4.76% | 6.97% | 9.32% | 11.27% | 11.99% | 11.67% | 11.38% |
| Return on total capital | 16.01% | 18.60% | 19.38% | 18.78% | 20.31% | 24.76% | 25.26% | 25.49% | 22.65% | 19.29% | 16.91% | 11.21% | 7.48% | 8.82% | 13.21% | 17.98% | 21.36% | 23.42% | 23.33% | 22.06% |
| Return on equity (ROE) | 12.97% | 14.97% | 15.58% | 14.93% | 16.09% | 18.88% | 19.14% | 20.07% | 17.80% | 15.58% | 13.70% | 8.76% | 5.89% | 7.33% | 11.06% | 15.12% | 17.87% | 18.87% | 18.77% | 17.28% |
Columbia Sportswear Co. has demonstrated consistent profitability over the past eight quarters, as evidenced by its profitability ratios.
Operating return on assets (Operating ROA) has shown a slight decline from 15.94% in Q1 2022 to 10.67% in Q4 2023. This ratio indicates that the company is efficient in generating operating income from its assets, with an average Operating ROA of approximately 13% over the period.
Return on assets (ROA) has also exhibited a decrease from 13.09% in Q1 2022 to 8.55% in Q4 2023. This ratio reflects the company's ability to generate profit from its total assets, with an average ROA of around 10.5% during the period.
Return on total capital has shown a similar declining trend, moving from 25.49% in Q1 2022 to 17.30% in Q4 2023. This ratio indicates how efficiently the company is utilizing all its capital to generate returns, with an average return on total capital of approximately 21% across the period.
Return on equity (ROE) has also decreased from 20.07% in Q1 2022 to 12.97% in Q4 2023. This ratio reflects how effectively the company is utilizing shareholder equity to generate profits, with an average ROE of around 16.5% over the period.
Overall, while Columbia Sportswear Co. has maintained profitability levels above industry averages, there is a noticeable downward trend in profitability ratios over the past eight quarters. It would be essential for stakeholders to monitor the company's performance closely to assess the reasons behind these declines and evaluate potential strategies for improvement.