Exponent Inc (EXPO)
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 | 34.19% | 35.49% | 36.84% | 40.53% | 42.53% | 42.80% | 41.80% | 38.31% | 35.70% | 34.46% | 47.78% | 62.90% | 81.80% | 100.00% | 83.97% | 68.26% | 50.66% | 48.43% | 48.58% | 62.10% |
| Operating profit margin | 20.74% | 21.24% | 22.02% | 25.37% | 27.44% | 28.47% | 28.14% | 25.42% | 23.36% | 22.65% | 20.89% | 17.38% | 20.82% | 21.35% | 21.88% | 24.84% | 20.40% | 22.68% | 22.38% | 22.41% |
| Pretax margin | 25.32% | 25.19% | 25.38% | 25.70% | 25.76% | 26.10% | 26.46% | 26.87% | 26.99% | 27.20% | 26.53% | 25.10% | 24.24% | 23.82% | 23.80% | 24.74% | 24.97% | 24.88% | 24.97% | 24.65% |
| Net profit margin | 18.69% | 18.83% | 19.03% | 19.39% | 19.94% | 20.06% | 20.53% | 20.90% | 21.70% | 22.51% | 21.94% | 21.23% | 20.64% | 19.63% | 19.87% | 20.28% | 19.77% | 19.88% | 19.64% | 19.53% |
Exponent Inc's profitability ratios demonstrate fluctuations over the period under review. The gross profit margin has shown a declining trend, starting at 62.10% in June 2019 and decreasing to 34.19% in December 2023. This indicates a decrease in the percentage of sales revenue retained after accounting for the cost of goods sold.
The operating profit margin has also experienced slight decreases over time, indicating that the company's operating expenses have been impacting its profitability. Starting at 22.41% in June 2019, the margin decreased to 20.74% by December 2023.
The pretax margin has shown relatively stable performance, ranging between 24.24% and 27.20% during the period. This indicates that the company's profitability before accounting for taxes has been relatively consistent.
Similarly, the net profit margin has remained relatively stable, fluctuating between 18.69% and 22.51% from December 2019 to December 2023. This suggests that net income as a percentage of sales has been relatively steady, with minor variations over time.
Overall, Exponent Inc's profitability ratios demonstrate some fluctuations in gross and operating profitability, while pretax and net profit margins have remained relatively stable over the period analyzed. It is important for the company to closely monitor its cost of goods sold and operating expenses to maintain and potentially improve its profitability moving forward.
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) | 17.21% | 19.08% | 19.50% | 23.52% | 24.01% | 25.44% | 24.26% | 19.69% | 15.93% | 16.18% | 14.80% | 12.36% | 14.35% | 16.25% | 17.47% | 21.78% | 15.11% | 16.63% | 16.89% | 17.50% |
| Return on assets (ROA) | 15.51% | 16.92% | 16.85% | 17.98% | 17.44% | 17.92% | 17.70% | 16.19% | 14.80% | 16.08% | 15.54% | 15.10% | 14.23% | 14.93% | 15.86% | 17.79% | 14.64% | 14.58% | 14.83% | 15.25% |
| Return on total capital | 31.26% | 32.51% | 33.00% | 38.98% | 43.91% | 44.46% | 40.74% | 31.45% | 26.12% | 25.50% | 23.61% | 18.89% | 23.03% | 25.31% | 26.95% | 32.56% | 24.30% | 25.34% | 25.58% | 26.01% |
| Return on equity (ROE) | 28.18% | 28.82% | 28.52% | 29.79% | 31.90% | 31.33% | 29.72% | 25.86% | 24.27% | 25.35% | 24.80% | 23.07% | 22.84% | 23.26% | 24.47% | 26.59% | 23.54% | 22.22% | 22.45% | 22.67% |
Exponent Inc's profitability ratios have shown fluctuations over the past few quarters. The Operating ROA has ranged from 12.36% to 25.44%, indicating varying levels of efficiency in generating operating income from its assets. On the other hand, the ROA has seen a narrower range of 14.23% to 17.98%, representing the overall profitability of the company relative to its total assets.
The Return on Total Capital has exhibited significant variability, ranging from 18.89% to 44.46%, suggesting fluctuations in the company's ability to generate returns from both debt and equity sources. The ROE has also shown fluctuations, ranging from 22.67% to 31.90%, indicating changes in the company's ability to generate profits for its shareholders.
Overall, Exponent Inc's profitability ratios show some fluctuations, indicating varying levels of operational efficiency and profitability over the analyzed quarters. It would be important to further investigate the reasons behind these fluctuations to assess the company's long-term profitability and sustainability.