Dorman Products Inc (DORM)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 40.13% | 35.52% | 32.56% | 34.41% | 35.06% |
| Operating profit margin | 14.58% | 11.13% | 7.33% | 12.75% | 9.25% |
| Pretax margin | 12.75% | 8.73% | 9.01% | 12.62% | 12.42% |
| Net profit margin | 9.46% | 6.70% | 7.01% | 9.78% | 9.78% |
Dorman Products Inc's gross profit margin has shown a slight decline from 35.06% in 2020 to 32.56% in 2022, but then experienced a noticeable increase to 40.13% in 2024. This upward trend indicates an improvement in the company's ability to generate profit from its sales after accounting for the cost of goods sold.
The operating profit margin for Dorman Products Inc illustrates fluctuations over the years, starting at 9.25% in 2020, peaking at 12.75% in 2021, dropping to 7.33% in 2022, and then steadily rising to 14.58% in 2024. These variations suggest changes in the company's operational efficiency and cost management strategies.
The pretax margin of Dorman Products Inc displays a mix of figures, with a high of 12.62% in 2021, a low of 8.73% in 2023, and a rebound to 12.75% in 2024. This ratio reflects the company's ability to generate profits before accounting for taxes as a percentage of revenue.
Finally, the net profit margin for Dorman Products Inc remained relatively stable at around 9-10% from 2020 to 2021, but then exhibited a decline to 6.70% in 2023 before bouncing back to 9.46% in 2024. This metric shows the company's bottom-line profitability after deducting all expenses.
Overall, Dorman Products Inc's profitability ratios demonstrate a mix of improvements and fluctuations over the years, indicating changes in the company's revenue generation, operating efficiency, and cost management.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 12.08% | 9.37% | 5.43% | 10.25% | 8.28% |
| Return on assets (ROA) | 7.84% | 5.64% | 5.19% | 7.86% | 8.76% |
| Return on total capital | 22.88% | 18.54% | 22.15% | 20.01% | 12.11% |
| Return on equity (ROE) | 14.69% | 11.06% | 11.66% | 14.10% | 12.52% |
Dorman Products Inc's profitability ratios indicate a fluctuating but overall positive performance over the years analyzed.
- Operating return on assets (Operating ROA) saw a significant increase from 8.28% in 2020 to 12.08% in 2024, showcasing the company's ability to generate profit from its operations relative to its assets.
- Return on assets (ROA) experienced some variability, decreasing from 8.76% in 2020 to 5.64% in 2023, but then rebounded to 7.84% in 2024. This ratio indicates the company's efficiency in utilizing its assets to generate earnings.
- Return on total capital demonstrated an upward trend, rising from 12.11% in 2020 to 22.88% in 2024. This metric reflects the company's ability to generate returns for both debt and equity holders.
- Return on equity (ROE) showed a similar pattern, with a slight dip in 2023 before reaching 14.69% in 2024. ROE measures the company's profitability in relation to shareholders' equity, and Dorman Products Inc maintained a relatively stable performance in this area.
Overall, while there were fluctuations in profitability ratios, Dorman Products Inc showed a positive trend in generating returns from assets, capital, and equity over the years analyzed.