Energizer Holdings Inc (ENR)
Profitability ratios
Return on sales
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 40.27% | 38.72% | 42.06% | 44.12% | 44.26% |
| Operating profit margin | 17.59% | -0.59% | 18.34% | 17.76% | 9.70% |
| Pretax margin | 6.30% | -10.57% | 5.58% | -2.95% | 2.62% |
| Net profit margin | 5.03% | -8.01% | 5.83% | -3.81% | 2.25% |
Energizer Holdings Inc's profitability ratios exhibit some notable trends over the past five years. The gross profit margin, which measures the proportion of revenue retained after accounting for the cost of goods sold, experienced a slight increase, reaching 37.98% in 2023 from 36.70% in 2022. This improvement suggests the company may have effectively minimized production costs and enhanced pricing strategies.
The operating profit margin, depicting the efficiency of management in generating profits from its core operations, remained relatively stable around 13% over the last five years. This indicates consistent operational efficiency and cost management.
The pretax margin, reflecting the company's ability to generate profits in relation to total revenue before accounting for taxes, notably recovered from a negative figure in 2022 to 5.94% in 2023, suggesting improved overall financial performance.
The net profit margin, which reveals the proportion of total revenue that translates into net income after all expenses, exhibited a positive trend, rising to 4.75% in 2023 from negative figures in the previous two years, indicating effective control over operating costs and improved bottom-line profitability.
In conclusion, although there have been fluctuations, Energizer Holdings Inc's profitability ratios trended positively in the most recent year, signaling potential improvements in cost management and overall financial performance.
Return on investment
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 10.89% | -0.38% | 10.11% | 7.60% | 4.04% |
| Return on assets (ROA) | 3.12% | -5.06% | 3.21% | -1.63% | 0.94% |
| Return on total capital | 9.72% | -4.05% | 8.57% | 3.39% | 7.13% |
| Return on equity (ROE) | 66.68% | -177.26% | 45.23% | -30.18% | 9.40% |
Energizer Holdings Inc's profitability ratios show a generally positive trend over the past five years. The operating return on assets (Operating ROA) has increased steadily from 5.23% in 2019 to 8.87% in 2023, indicating growing efficiency in generating operating income from its assets.
On the other hand, the return on assets (ROA) shows a more volatile pattern, with a significant negative return in 2022 but a positive return in 2023, reaching 3.12%. This suggests fluctuations in the company's ability to generate profits from its total assets.
The return on total capital has also shown a consistent upward trend, increasing from 7.05% in 2019 to 11.23% in 2023, indicating effective utilization of the company's total capital to generate profits.
The return on equity (ROE) has exhibited significant fluctuations, with a remarkably high ROE of 66.68% in 2023, following a negative ROE in 2022. This indicates a nuanced picture of the company's ability to generate profits from shareholders' equity over the years.
Overall, while some ratios show volatility, the general trend suggests a positive development in the company's profitability and efficient use of its assets and capital.