Fortune Brands Innovations Inc. (FBIN)
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 | 13.29% | 20.74% | 27.27% | 34.53% | 40.93% | 40.68% | 40.72% | 40.76% | 40.83% | 39.53% | 38.07% | 36.74% | 35.54% | 35.39% | 35.60% | 35.74% | 35.60% | 35.39% | 35.34% | 35.60% |
| Operating profit margin | 13.29% | 14.43% | 14.55% | 15.71% | 16.39% | 11.92% | 13.66% | 15.28% | 16.89% | 20.28% | 18.07% | 15.51% | 13.16% | 12.89% | 12.06% | 12.29% | 12.12% | 11.31% | 11.09% | 11.00% |
| Pretax margin | 11.19% | 11.98% | 13.32% | 15.37% | 17.23% | 17.68% | 18.27% | 19.15% | 19.56% | 17.52% | 15.47% | 12.97% | 10.90% | 11.02% | 10.09% | 10.30% | 9.99% | 9.69% | 9.70% | 9.76% |
| Net profit margin | 8.74% | 9.42% | 11.05% | 12.77% | 14.54% | 15.65% | 15.36% | 15.96% | 16.09% | 14.51% | 12.86% | 10.78% | 9.08% | 8.36% | 7.61% | 7.81% | 7.49% | 7.23% | 7.22% | 7.18% |
Fortune Brands Innovations Inc.'s profitability ratios show a fluctuating trend over the past few quarters. The gross profit margin has been on a decreasing trend, starting from 40.93% in Q4 2022 to 13.29% in Q4 2023. This indicates a decline in the company's ability to generate profits from its core business activities.
Similarly, the operating profit margin has also shown variation, ranging from 11.92% to 20.28% over the same period. However, it appears to be more stable compared to the gross profit margin.
The pretax margin has been fluctuating as well, with a range of 9.69% to 19.56%. This ratio indicates the company's ability to generate profits before accounting for taxes and shows some volatility in its earnings performance.
The net profit margin, reflecting the company's bottom-line profitability after all expenses, has also shown variability, ranging from 7.18% to 16.09%. This ratio indicates the company's efficiency in managing expenses relative to its revenue.
Overall, Fortune Brands Innovations Inc. should focus on managing costs effectively to improve its profit margins and ensure sustainable profitability in the future.
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) | 9.36% | 10.02% | 9.59% | 12.16% | 12.65% | 6.81% | 8.00% | 9.01% | 10.22% | 13.51% | 13.21% | 11.96% | 10.89% | 11.67% | 10.87% | 11.40% | 11.10% | 10.28% | 9.86% | 9.72% |
| Return on assets (ROA) | 6.16% | 6.54% | 7.28% | 9.88% | 11.22% | 8.94% | 9.00% | 9.41% | 9.73% | 9.67% | 9.40% | 8.31% | 7.52% | 7.57% | 6.86% | 7.24% | 6.87% | 6.57% | 6.42% | 6.35% |
| Return on total capital | 12.39% | 13.14% | 13.61% | 17.47% | 18.61% | 13.52% | 13.97% | 15.25% | 19.04% | 17.62% | 16.85% | 14.83% | 13.98% | 15.63% | 14.16% | 15.81% | 15.91% | 15.15% | 15.90% | 14.18% |
| Return on equity (ROE) | 17.64% | 19.50% | 22.99% | 28.35% | 32.91% | 24.83% | 25.41% | 26.61% | 25.20% | 24.90% | 23.76% | 21.26% | 19.93% | 18.78% | 17.65% | 19.36% | 17.80% | 17.68% | 17.38% | 17.78% |
Fortune Brands Innovations Inc. has shown consistent profitability over the analyzed periods, with varying levels of performance across different ratios.
Operating return on assets (Operating ROA) ranged from 6.81% to 13.51%, with an average of approximately 10.77%. This indicates that the company generated, on average, about 10.77 cents of operating income for every dollar of assets employed during the periods.
Return on assets (ROA) has been somewhat lower, ranging from 6.16% to 11.67%, with an average of approximately 8.23%. This ratio reflects the overall profitability of the company in generating earnings from its assets.
Return on total capital ranged from 13.52% to 19.04%, with an average of approximately 15.57%. This metric indicates the company's ability to generate returns for both equity and debt holders.
Return on equity (ROE) ranged from 17.64% to 32.91%, with an average of approximately 22.32%. This ratio shows the company's ability to generate profits from shareholders' investments.
Overall, Fortune Brands Innovations Inc. has demonstrated solid profitability performance, with varying levels of returns across different ratios but consistently showing an ability to generate value for its stakeholders.