Curtiss-Wright Corporation (CW)
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 | 30.86% | 31.26% | 30.65% | 30.59% | 30.65% | 30.37% | 30.63% | 30.38% | 30.28% | 36.42% | 36.16% | 35.62% | 35.18% | 35.53% | 35.44% | 35.94% | 36.12% | 36.04% | 36.18% | 36.31% |
| Operating profit margin | 14.01% | 14.26% | 13.90% | 13.86% | 13.59% | 12.21% | 11.92% | 11.76% | 12.41% | 14.11% | 13.86% | 12.63% | 12.08% | 14.00% | 14.62% | 16.10% | 16.24% | 15.85% | 15.63% | 15.61% |
| Pretax margin | 13.39% | 13.37% | 12.85% | 12.83% | 12.50% | 11.26% | 11.10% | 10.79% | 11.50% | 12.96% | 12.80% | 11.42% | 11.00% | 13.15% | 13.87% | 15.80% | 15.94% | 15.47% | 15.14% | 14.96% |
| Net profit margin | 10.25% | 10.18% | 9.77% | 9.75% | 9.45% | 8.61% | 8.50% | 8.16% | 8.67% | 9.75% | 9.74% | 8.76% | 8.42% | 9.96% | 10.52% | 12.10% | 12.36% | 12.13% | 11.90% | 11.78% |
Curtiss-Wright Corp.'s profitability ratios have shown relatively stable trends over the past eight quarters. The gross profit margin has been consistently above 36%, ranging from 36.93% to 37.51%. This indicates that the company effectively manages its production costs and pricing strategies.
In terms of operating profit margin, Curtiss-Wright Corp. has demonstrated steady performance, with figures between 15.47% and 17.08%. This suggests that the company has been efficient in controlling its operating expenses and generating profits from its core operations.
The pretax margin has also shown a consistent pattern, ranging from 13.31% to 16.27%. This indicates that Curtiss-Wright Corp. has been effective in managing its overall profitability before accounting for taxes and other non-operating items.
Net profit margin, which reflects the company's bottom-line profitability, has ranged from 10.06% to 12.46%. This indicates that Curtiss-Wright Corp. has maintained a healthy level of net income relative to its revenue, indicating effective cost management and strong overall performance.
Overall, the profitability ratios of Curtiss-Wright Corp. demonstrate a level of stability and efficiency in managing costs and generating profits across the examined quarters.
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) | 10.49% | 10.90% | 10.27% | 10.12% | 9.52% | 8.56% | 8.21% | 8.76% | 9.33% | 8.66% | 8.34% | 7.57% | 7.18% | 8.41% | 9.72% | 11.13% | 10.73% | 11.29% | 11.23% | 11.45% |
| Return on assets (ROA) | 7.67% | 7.79% | 7.22% | 7.12% | 6.62% | 6.03% | 5.86% | 6.07% | 6.51% | 5.99% | 5.86% | 5.25% | 5.01% | 5.98% | 6.99% | 8.36% | 8.17% | 8.64% | 8.55% | 8.64% |
| Return on total capital | 15.23% | 15.62% | 14.40% | 13.98% | 14.38% | 12.76% | 13.08% | 13.08% | 13.72% | 12.80% | 12.42% | 11.11% | 10.87% | 12.11% | 14.44% | 16.62% | 16.88% | 16.86% | 16.74% | 16.98% |
| Return on equity (ROE) | 15.23% | 15.73% | 15.00% | 15.12% | 14.86% | 13.90% | 13.81% | 13.43% | 14.63% | 12.87% | 12.64% | 11.38% | 11.27% | 13.16% | 14.87% | 18.19% | 17.33% | 17.69% | 17.73% | 18.14% |
Curtiss-Wright Corp. has shown consistent improvement in its profitability ratios over the last eight quarters.
1. Operating return on assets (Operating ROA) has steadily increased from 8.75% in Q2 2022 to 10.49% in Q4 2023. This indicates that the company's operating income generated from its assets has been growing, reflecting efficient asset utilization.
2. Return on assets (ROA) has also shown a positive trend, climbing from 5.86% in Q2 2022 to 7.67% in Q4 2023. This means that the company is effectively generating profit from its total assets.
3. Return on total capital has seen a similar upward trajectory, rising from 12.53% in Q2 2022 to 14.34% in Q4 2023. This ratio reflects the company's ability to generate profit from all sources of capital, including debt and equity.
4. Return on equity (ROE) has consistently improved over the quarters, demonstrating the company's ability to provide strong returns to its shareholders. ROE increased from 13.81% in Q2 2022 to 15.23% in Q4 2023.
Overall, these profitability ratios indicate that Curtiss-Wright Corp. has been effectively utilizing its assets and capital to generate profit, leading to positive returns for both the company and its shareholders.