Exponent Inc (EXPO)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 60.73% | 41.64% | 41.50% | 57.80% | 75.89% | 76.12% | 76.26% | 76.10% | 75.82% | 93.09% | 93.11% | 93.09% | 93.01% | 79.99% | 80.05% | 79.66% | 79.49% | 94.47% | 94.06% | 93.77% |
| Operating profit margin | 21.41% | 20.32% | 21.93% | 20.86% | 20.74% | 21.24% | 22.02% | 25.37% | 26.68% | 27.69% | 27.34% | 24.61% | 23.36% | 22.65% | 20.89% | 17.38% | 20.82% | 21.35% | 21.88% | 24.84% |
| Pretax margin | 26.39% | 26.83% | 26.62% | 26.00% | 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% |
| Net profit margin | 19.52% | 19.52% | 19.35% | 18.72% | 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% |
Exponent Inc's profitability ratios have shown fluctuations over the reported periods. The gross profit margin remained relatively high, hovering around 93% to 94% until a significant decline to about 58% at the end of March 2024. This indicates a strong performance in generating profits after accounting for the cost of goods sold, but a notable decrease in the most recent period.
The operating profit margin started at 24.84% in March 2020, experienced some variability, and ended at 21.41% in December 2024. The company's ability to control operating expenses and generate profits from its core operations decreased slightly over time.
The pre-tax margin fluctuated between 23.80% and 26.83% throughout the periods under review. This ratio indicates the company's efficiency in generating profits before accounting for taxes. The margins were relatively stable, with a slight decline towards the end of the reporting period.
The net profit margin, reflecting the final profitability after all expenses including taxes, ranged from 18.69% to 22.51%. The margins were relatively consistent until a minor decrease in the most recent periods, potentially indicating the impact of taxes and other costs on the company's bottom line.
In summary, Exponent Inc demonstrated strong profitability margins, especially in gross profit, but experienced some fluctuations in operating, pre-tax, and net profit margins over the reporting periods, suggesting the need for further assessment of cost management and operational efficiency.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 15.38% | 14.88% | 16.75% | 17.94% | 16.81% | 19.08% | 19.50% | 23.52% | 23.34% | 24.74% | 23.58% | 19.06% | 15.93% | 16.18% | 14.80% | 12.36% | 14.35% | 16.25% | 17.47% | 21.78% |
| Return on assets (ROA) | 14.02% | 14.29% | 14.78% | 16.10% | 15.15% | 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% |
| Return on total capital | 21.92% | 26.98% | 30.21% | 30.17% | 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% |
| Return on equity (ROE) | 25.89% | 25.92% | 26.66% | 27.08% | 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% |
Exponent Inc's profitability ratios show a generally positive trend over the analyzed period.
- Operating return on assets (Operating ROA) improved from 21.78% in March 2020 to a peak of 24.74% in September 2022 before declining slightly to 14.88% by September 2024. This metric indicates the company's ability to generate profits from its operational activities relative to its total assets.
- Return on assets (ROA) also exhibited an upward trajectory from 17.79% in March 2020 to a high of 17.98% in March 2023, and then fluctuated around the 16% mark until December 2024. ROA reflects Exponent's overall efficiency in utilizing its assets to generate earnings.
- Return on total capital showed significant growth, rising from 32.56% in March 2020 to a peak of 44.46% in September 2022, demonstrating the company's ability to generate returns on its total invested capital. However, this ratio declined to 21.92% by December 2024, potentially indicating a decrease in efficiency in capital utilization.
- Lastly, return on equity (ROE) followed a positive trend, increasing from 26.59% in March 2020 to 31.90% in December 2022. Thereafter, ROE fluctuated around the mid-20% range, suggesting that Exponent has been effectively generating returns for its equity shareholders.
Overall, Exponent Inc's profitability ratios indicate a strong performance in generating returns on assets, capital, and equity. However, a slight decline in certain ratios towards the end of the analyzed period may warrant further analysis to understand the underlying factors affecting the company's profitability.