Fox Factory Holding Corp (FOXF)
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 | 29.18% | 28.91% | 29.49% | 30.29% | 31.75% | 32.68% | 32.96% | 33.51% | 33.16% | 33.05% | 33.00% | 32.57% | 33.28% | 33.51% | 33.73% | 33.51% | 32.51% | 32.64% | 32.18% | 32.09% |
| Operating profit margin | 4.71% | 4.77% | 6.55% | 8.62% | 10.93% | 13.34% | 14.18% | 15.22% | 15.39% | 15.17% | 15.12% | 14.70% | 15.16% | 15.71% | 16.05% | 15.03% | 12.82% | 12.61% | 12.09% | 13.26% |
| Pretax margin | 0.07% | 0.45% | 2.97% | 5.92% | 9.47% | 12.40% | 13.36% | 14.43% | 14.59% | 14.47% | 14.36% | 14.10% | 14.50% | 14.90% | 15.15% | 13.86% | 11.74% | 11.61% | 11.21% | 12.57% |
| Net profit margin | 0.47% | 0.78% | 3.07% | 5.41% | 8.25% | 11.02% | 11.45% | 12.25% | 12.81% | 12.37% | 12.42% | 12.46% | 12.61% | 12.95% | 13.43% | 12.20% | 10.18% | 10.00% | 9.53% | 10.75% |
Fox Factory Holding Corp has shown a fluctuating trend in its profitability ratios over the past few years.
- Gross profit margin has ranged from a high of 33.73% in June 2021 to a low of 28.91% in September 2024, indicating some volatility in the company's ability to generate revenue after accounting for the cost of goods sold.
- Operating profit margin has experienced significant variability, with a peak of 16.05% in June 2021 and a trough of 4.71% in December 2024, reflecting fluctuations in operating efficiency and cost management.
- Pretax margin reached a peak of 15.15% in June 2021 but declined to 0.07% in December 2024, showcasing a notable decrease in profitability before tax expenses over the period.
- Net profit margin has also fluctuated, with the highest point at 13.43% in June 2021 and the lowest point at 0.47% in December 2024. This indicates varying levels of profitability after accounting for all expenses, including taxes.
Overall, the profitability ratios of Fox Factory Holding Corp exhibit a mixed performance over the reviewed period, reflecting changes in revenue generation, operational efficiencies, and cost management strategies.
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) | 2.94% | 2.86% | 3.89% | 5.36% | 7.14% | 12.28% | 12.80% | 13.55% | 15.24% | 13.89% | 12.98% | 12.33% | 12.99% | 12.65% | 12.50% | 10.94% | 8.87% | 8.14% | 7.80% | 9.60% |
| Return on assets (ROA) | 0.29% | 0.47% | 1.82% | 3.36% | 5.39% | 10.14% | 10.33% | 10.91% | 12.68% | 11.33% | 10.66% | 10.45% | 10.81% | 10.43% | 10.46% | 8.87% | 7.05% | 6.46% | 6.15% | 7.78% |
| Return on total capital | 4.67% | -0.24% | 1.68% | 4.54% | 8.18% | 16.55% | 19.08% | 21.28% | 21.89% | 22.11% | 21.05% | 20.34% | 20.74% | 21.63% | 23.56% | 20.49% | 17.07% | 16.03% | 15.00% | 24.46% |
| Return on equity (ROE) | 0.55% | 0.90% | 3.45% | 6.34% | 9.89% | 13.68% | 15.36% | 17.09% | 18.31% | 18.01% | 18.28% | 18.32% | 18.32% | 18.57% | 18.91% | 15.80% | 12.61% | 11.90% | 11.51% | 19.36% |
Fox Factory Holding Corp's profitability ratios have shown fluctuations over the period analyzed.
The Operating Return on Assets (Operating ROA) increased from 9.60% as of March 31, 2020, to a peak of 15.24% by December 31, 2022. However, in the more recent periods, there was a decline to 2.94% as of December 31, 2024, indicating a decrease in the company's ability to generate profits from its asset base.
The Return on Assets (ROA) followed a similar trend, reaching a high of 12.68% by December 31, 2022, before declining to 0.29% as of December 31, 2024. This suggests a significant drop in the company's profitability relative to its total assets in the later periods of the analysis.
The Return on Total Capital peaked at 24.46% on March 31, 2020, and fluctuated before declining to 4.67% by December 31, 2024. This indicates a decreasing return generated from the total capital employed in the company's operations.
Lastly, the Return on Equity (ROE) trended similarly to the other ratios, increasing to 18.32% by December 31, 2022, but then dropping to 0.55% by December 31, 2024. This suggests a decrease in the company's ability to generate returns for its equity shareholders.
Overall, the declining trend in these profitability ratios indicates challenges in maintaining and improving financial performance in the later periods, which may require closer examination of the company's operations and financial strategies.