National Vision Holdings Inc (EYE)
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 | 10.77% | 11.02% | 15.56% | 16.19% | 2.99% | 3.99% | 5.56% | 7.20% | 8.32% | 9.79% | 9.71% | 4.92% | 2.24% | 13.42% | 10.69% | 13.76% | 14.45% | 12.92% | 13.02% | 13.62% |
| Operating profit margin | -2.20% | -2.07% | 2.27% | 2.81% | 3.05% | 3.92% | 5.62% | 7.27% | 8.41% | 10.73% | 11.17% | 7.58% | 5.23% | 2.43% | -0.34% | 3.42% | 4.36% | 2.79% | 2.03% | 2.30% |
| Pretax margin | -2.90% | -2.70% | 1.91% | 2.34% | 3.03% | 3.86% | 5.18% | 6.54% | 7.18% | 9.05% | 9.13% | 4.86% | 2.33% | -0.28% | -3.51% | 0.98% | 1.81% | 0.05% | -0.26% | -0.09% |
| Net profit margin | -3.10% | -2.83% | 1.27% | 1.48% | 2.10% | 2.86% | 4.28% | 5.54% | 6.17% | 7.53% | 7.42% | 4.03% | 2.18% | 0.32% | -1.91% | 1.48% | 1.94% | 0.64% | 0.90% | 1.06% |
National Vision Holdings Inc's profitability ratios have shown varying trends over the past few quarters. The gross profit margin has generally improved recently, with a significant increase from the previous year. However, the operating profit margin has been inconsistent, fluctuating between negative and positive values.
The pretax margin and net profit margin have also been volatile, indicating fluctuations in the company's ability to generate profits before and after taxes. Despite improvements in certain periods, both margins have shown mixed results over the analyzed timeframe.
Overall, while there have been signs of improvement in the gross profit margin, National Vision Holdings Inc's ability to generate consistent operating, pretax, and net profits remains uncertain based on the trends observed in the profitability ratios. Further investigation into the company's cost management and revenue generation strategies may be necessary to assess its long-term profitability potential.
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) | -2.16% | -1.91% | 2.00% | 2.48% | 2.67% | 3.45% | 5.02% | 6.49% | 7.63% | 9.31% | 9.62% | 5.44% | 3.73% | 1.67% | -0.23% | 2.62% | 3.62% | 2.20% | 1.58% | 1.75% |
| Return on assets (ROA) | -3.03% | -2.61% | 1.12% | 1.31% | 1.84% | 2.51% | 3.82% | 4.94% | 5.59% | 6.53% | 6.39% | 2.89% | 1.55% | 0.22% | -1.31% | 1.13% | 1.61% | 0.50% | 0.70% | 0.81% |
| Return on total capital | -3.70% | -3.14% | 3.22% | 3.97% | 4.23% | 5.44% | 7.96% | 10.09% | 11.90% | 14.16% | 14.90% | 8.24% | 5.68% | 2.59% | -0.36% | 7.39% | 5.65% | 5.99% | 4.21% | 4.71% |
| Return on equity (ROE) | -7.95% | -7.04% | 2.88% | 3.37% | 4.67% | 6.35% | 9.77% | 12.09% | 13.85% | 15.89% | 16.14% | 7.88% | 4.00% | 0.59% | -3.53% | 3.19% | 4.22% | 1.36% | 1.86% | 2.18% |
National Vision Holdings Inc's profitability ratios have shown fluctuations over the analyzed periods. The operating return on assets (Operating ROA) has declined from 9.62% in Jun 2021 to -2.16% in Dec 2023, indicating lower operational efficiency and profitability over time. The return on assets (ROA) also decreased from 6.39% in Jun 2021 to -3.03% in Dec 2023, suggesting a reduction in the company's ability to generate profits from its assets.
Furthermore, the return on total capital and return on equity (ROE) followed a similar trend, with a decline observed from Jun 2021 to Dec 2023. The return on total capital dropped from 14.90% in Jun 2021 to -3.70% in Dec 2023, highlighting a decrease in the company's overall profitability. Similarly, the ROE decreased from 16.14% in Jun 2021 to -7.95% in Dec 2023, indicating a significant decline in the company's ability to generate returns for its equity shareholders.
Overall, the profitability ratios of National Vision Holdings Inc have deteriorated over the analyzed periods, signaling potential challenges in generating profits and returns for both operational activities and capital investments. Investors and stakeholders may need to closely monitor the company's financial performance and strategies to address these declining profitability trends.