Golden Entertainment Inc (GDEN)
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 | 73.53% | 75.08% | 69.31% | 70.10% | 69.86% | 69.51% | 69.83% | 70.17% | 69.82% | 55.73% | 51.87% | 36.55% | 33.38% | 65.49% | 66.67% | 72.62% | 73.01% | 72.08% | 72.79% | 74.16% |
| Operating profit margin | 29.56% | 30.46% | 12.42% | 13.19% | 13.27% | 13.17% | 14.04% | 15.36% | 15.24% | 12.87% | 10.10% | -3.78% | -9.80% | -7.65% | -7.23% | 2.19% | 4.75% | 4.38% | 4.51% | 5.25% |
| Pretax margin | 24.58% | 25.42% | 6.03% | 7.12% | 7.43% | 7.59% | 8.44% | 15.08% | 14.89% | 12.27% | 9.44% | -12.99% | -19.84% | -17.22% | -16.69% | -6.95% | -4.27% | -5.25% | -5.00% | -2.86% |
| Net profit margin | 18.94% | 19.68% | 4.38% | 5.17% | 7.39% | 8.10% | 9.42% | 16.66% | 14.85% | 12.25% | 9.41% | -12.95% | -19.85% | -17.24% | -16.74% | -6.83% | -4.07% | -6.09% | -5.61% | -3.75% |
Golden Entertainment Inc's profitability ratios have shown some fluctuations over the past eight quarters. The gross profit margin has been relatively stable, ranging from 44.60% to 45.82%, indicating consistent control over the cost of goods sold.
The operating profit margin has also shown stability, although there has been a slight declining trend from 15.37% in Q1 2022 to 10.32% in Q4 2023, suggesting a potential impact on operating efficiency.
The pretax margin experienced significant fluctuations, with a notable increase in Q4 2023 compared to the previous quarters. This inconsistency may be attributed to changes in operating expenses or other income and expenses affecting the company's profitability.
The net profit margin has shown variability, with a significant decrease in Q2 and Q1 2023 compared to the previous periods. This indicates fluctuating levels of after-tax profitability, potentially influenced by changes in tax liabilities or non-operating income and expenses.
Overall, while Golden Entertainment Inc has maintained relatively stable gross and operating profit margins, the fluctuating pretax and net profit margins suggest the need for further analysis to identify factors impacting the company's overall profitability.
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) | 27.49% | 27.68% | 9.29% | 9.85% | 9.81% | 9.50% | 10.16% | 10.76% | 10.28% | 7.93% | 5.69% | -1.69% | -4.29% | -3.47% | -3.41% | 1.08% | 2.65% | 2.43% | 2.42% | 2.72% |
| Return on assets (ROA) | 17.61% | 17.88% | 3.28% | 3.86% | 5.46% | 5.84% | 6.82% | 11.67% | 10.01% | 7.55% | 5.30% | -5.78% | -8.70% | -7.82% | -7.90% | -3.37% | -2.27% | -3.38% | -3.00% | -1.94% |
| Return on total capital | 49.03% | 48.52% | 19.74% | 11.70% | 11.71% | 11.40% | 12.11% | 12.94% | 12.35% | 9.62% | 6.88% | -2.07% | -5.15% | -4.21% | -4.17% | 1.30% | 3.25% | 2.88% | 2.87% | 3.24% |
| Return on equity (ROE) | 47.56% | 50.62% | 13.31% | 16.43% | 23.33% | 25.66% | 31.47% | 56.18% | 50.63% | 40.67% | 31.88% | -54.53% | -84.71% | -70.45% | -70.48% | -24.78% | -13.65% | -19.31% | -16.78% | -10.42% |
Golden Entertainment Inc's profitability ratios have shown fluctuations over the past eight quarters.
1. Operating return on assets (Operating ROA) has varied between 7.48% to 10.83% over the period. This ratio measures the company's ability to generate operating profit from its assets, showing a positive trend in generating operating profits relative to its assets.
2. Return on assets (ROA) has ranged from 3.28% to 17.88%. This ratio indicates the company's overall ability to generate profit from its total assets, with significant fluctuations observed in different quarters.
3. Return on total capital has fluctuated between 9.05% to 13.16%. This ratio evaluates the company's efficiency in generating returns from all invested capital, including debt and equity. The trend suggests a varying performance in utilizing capital efficiently.
4. Return on equity (ROE) has shown a wide range from 13.31% to 56.18%. ROE reflects the company's capacity to generate profit from shareholder investments, exhibiting substantial variations in profitability over the quarters.
Overall, Golden Entertainment Inc's profitability ratios exhibit inconsistency in performance, with some quarters showing strong returns while others displaying lower profitability levels. Further analysis would be required to understand the underlying factors driving these fluctuations and to determine the sustainability of the company's profitability.