Golden Entertainment Inc (GDEN)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 56.28% | 45.16% | 44.97% | 46.80% | 41.34% |
| Operating profit margin | 16.81% | 37.91% | 13.19% | 20.73% | -4.17% |
| Pretax margin | 10.92% | 31.52% | 7.39% | 14.79% | -19.67% |
| Net profit margin | 7.61% | 24.28% | 7.34% | 14.75% | -19.68% |
Golden Entertainment Inc has shown a positive trend in its profitability ratios over the years.
The gross profit margin has improved steadily from 41.34% in December 2020 to 56.28% in December 2024, indicating efficient control over the cost of goods sold.
The operating profit margin also exhibits an upward trend, increasing from -4.17% in December 2020 to 16.81% in December 2024. This shows better operational efficiency and cost management by the company.
Similarly, the pretax margin has shown significant improvement, rising from -19.67% in December 2020 to 10.92% in December 2024. This suggests more effective overall financial management by the company.
However, the net profit margin, while showing improvement from 2020 to 2023, decreased to 7.61% in December 2024. This may indicate potential challenges impacting the company's profitability at the bottom line in the most recent period.
Overall, the profitability ratios of Golden Entertainment Inc reflect a positive trend in the company's ability to generate profits and manage costs effectively, with some fluctuations in net profit margins in the most recent year.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 10.38% | 27.49% | 9.81% | 14.07% | -1.84% |
| Return on assets (ROA) | 4.70% | 17.61% | 5.46% | 10.01% | -8.70% |
| Return on total capital | 22.71% | 74.01% | 41.92% | 69.90% | -41.82% |
| Return on equity (ROE) | 10.70% | 47.56% | 23.33% | 50.63% | -84.71% |
Golden Entertainment Inc's profitability ratios have shown variability over the years.
1. Operating Return on Assets (Operating ROA):
- The Operating ROA improved significantly from -1.84% in December 2020 to 27.49% in December 2023 but decreased slightly to 10.38% by December 2024. This indicates that the company has been able to generate operating income more efficiently from its assets in recent years.
2. Return on Assets (ROA):
- The ROA also exhibited fluctuations with a low of -8.70% in December 2020, reaching a peak of 17.61% in December 2023, before dropping to 4.70% by December 2024. This ratio reflects the company's overall profitability relative to its total assets.
3. Return on Total Capital:
- The Return on Total Capital ratio showed a similar trend, with a significant improvement from -41.82% in December 2020 to 74.01% in December 2023, but then decreased to 22.71% by December 2024. This ratio assesses the company's efficiency in generating profits from both equity and debt sources.
4. Return on Equity (ROE):
- The ROE increased from a negative -84.71% in December 2020 to 50.63% in December 2021, but it fluctuated thereafter, ending at 10.70% in December 2024. ROE measures the return generated on shareholder equity and reflects the company's ability to generate profits from its shareholders' investments.
Overall, Golden Entertainment Inc's profitability ratios have shown improvements in some years, reflecting better asset utilization and profitability, but have also experienced fluctuations suggesting changing financial performance and efficiency in capital utilization.