Curtiss-Wright Corporation (CW)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 36.96% | 38.16% | 38.03% | 37.87% | 35.18% |
| Operating profit margin | 16.94% | 17.33% | 16.87% | 15.53% | 12.08% |
| Pretax margin | 16.73% | 16.56% | 15.51% | 14.38% | 11.00% |
| Net profit margin | 12.98% | 12.68% | 11.73% | 10.84% | 8.42% |
Curtiss-Wright Corporation has shown a consistent improvement in its profitability ratios over the years. Firstly, the gross profit margin has increased from 35.18% in 2020 to 38.16% in 2023 before slightly dipping to 36.96% in 2024. This indicates that the company is effectively managing its production costs and generating a higher percentage of revenue as gross profit.
Secondly, the operating profit margin has shown a significant growth trend, rising from 12.08% in 2020 to 16.94% in 2024. This indicates that Curtiss-Wright has been able to control its operating expenses while increasing its operational efficiency over the years.
Furthermore, the pretax margin has also shown a consistent upward trajectory, increasing from 11.00% in 2020 to 16.73% in 2024. This shows that the company has been able to improve its profitability before accounting for taxes.
Lastly, the net profit margin has improved from 8.42% in 2020 to 12.98% in 2024. This indicates that Curtiss-Wright has been successful in managing its bottom line and increasing its profitability after accounting for all expenses including taxes.
Overall, the increasing trend in all profitability margins reflects Curtiss-Wright Corporation's ability to efficiently manage its costs, drive operational effectiveness, and enhance profitability over the years.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 10.60% | 10.49% | 9.52% | 9.33% | 7.18% |
| Return on assets (ROA) | 8.12% | 7.67% | 6.62% | 6.51% | 5.01% |
| Return on total capital | 15.51% | 15.23% | 14.38% | 13.72% | 10.87% |
| Return on equity (ROE) | 16.53% | 15.23% | 14.86% | 14.63% | 11.27% |
Curtiss-Wright Corporation's profitability ratios have shown a generally positive trend over the past five years.
1. Operating return on assets (Operating ROA) has increased from 7.18% in 2020 to 10.60% in 2024, indicating that the company's operating income generated from its assets has been improving steadily.
2. Return on assets (ROA) has also demonstrated growth, rising from 5.01% in 2020 to 8.12% in 2024. This suggests that Curtiss-Wright has been able to generate higher returns from its total assets over the years.
3. Return on total capital has increased from 10.87% in 2020 to 15.51% in 2024, indicating that the company has been effectively utilizing its total capital to generate returns for its stakeholders.
4. Return on equity (ROE) has shown a consistent upward trajectory, growing from 11.27% in 2020 to 16.53% in 2024. This signifies that Curtiss-Wright has been increasing its profitability relative to the equity invested by its shareholders.
Overall, the profitability ratios of Curtiss-Wright Corporation reflect a positive financial performance and efficient management of assets and capital over the analyzed period.