Golden Entertainment Inc (GDEN)
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 | 51.86% | 45.60% | 43.03% | 44.14% | 42.60% | 44.60% | 44.66% | 44.64% | 44.97% | 45.32% | 45.82% | 46.62% | 46.80% | 46.02% | 46.04% | 43.61% | 41.34% | 41.57% | 40.35% | 41.62% |
| Operating profit margin | 16.93% | 16.83% | 53.08% | 48.66% | 39.34% | 38.79% | 12.36% | 13.12% | 13.19% | 13.08% | 13.94% | 15.26% | 15.14% | 12.79% | 10.04% | -3.75% | -9.72% | -7.64% | -7.21% | 2.19% |
| Pretax margin | 10.92% | 8.36% | 44.70% | 40.77% | 31.52% | 32.36% | 6.00% | 7.08% | 7.39% | 7.54% | 8.38% | 14.99% | 14.79% | 12.19% | 9.38% | -12.89% | -19.67% | -17.20% | -16.64% | -6.94% |
| Net profit margin | 15.85% | 12.73% | 39.70% | 35.93% | 24.28% | 25.06% | 4.36% | 5.14% | 7.34% | 8.04% | 9.35% | 16.56% | 14.75% | 12.17% | 9.35% | -12.85% | -19.68% | -17.22% | -16.69% | -6.82% |
Based on the provided data, we can analyze the profitability ratios of Golden Entertainment Inc:
1. Gross Profit Margin: Golden Entertainment's gross profit margin has fluctuated over the years, ranging from a low of 40.35% in June 2020 to a high of 51.86% in December 2024. The company generally maintained a gross profit margin above 40%, which indicates its ability to generate revenue after accounting for the cost of goods sold.
2. Operating Profit Margin: The operating profit margin shows the company's ability to generate profit from its core operations. Golden Entertainment experienced negative operating profit margins in the second half of 2020, with improvements starting in March 2021. The margins increased significantly in the later quarters, reaching 53.08% in June 2024, reflecting the effectiveness of the company in managing its operating expenses.
3. Pretax Margin: The pretax margin indicates Golden Entertainment's profitability before taxes. The company recorded negative pretax margins in the first half of 2020 due to operating losses but showed a turnaround in June 2021. Subsequently, the pretax margins improved consistently, reaching 44.70% in June 2024, suggesting efficient cost management and revenue growth.
4. Net Profit Margin: Golden Entertainment's net profit margin reflects its profitability after all expenses, including taxes. Similar to the other profitability ratios, the company experienced negative net profit margins in the first half of 2020 but demonstrated a positive trend from June 2021 onwards. The margins increased significantly, reaching 39.70% in June 2024, indicating strong operational performance and effective management of net income.
Overall, Golden Entertainment Inc has shown improvements in its profitability ratios over the years, with significant enhancements in operating, pretax, and net profit margins. These positive trends reflect the company's ability to efficiently manage costs, drive revenue growth, and enhance overall financial performance.
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) | 10.46% | 11.21% | 37.29% | 30.75% | 27.38% | 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% |
| Return on assets (ROA) | 9.79% | 8.48% | 27.89% | 22.71% | 16.90% | 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% |
| Return on total capital | 8.00% | 6.24% | 64.75% | 65.88% | 73.91% | 78.10% | 37.49% | 41.91% | 41.83% | 41.75% | 46.57% | 69.22% | 70.13% | 61.94% | 55.66% | -16.17% | -41.82% | -31.31% | -30.67% | 3.67% |
| Return on equity (ROE) | 22.29% | 18.20% | 61.11% | 59.88% | 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% |
Golden Entertainment Inc's profitability ratios have shown a fluctuating trend over the analyzed period.
- The Operating Return on Assets has improved significantly from -3.41% in June 2020 to 37.29% in June 2024, indicating a positive trend in the company's ability to generate profits from its operational assets.
- Return on Assets also experienced a notable improvement, reaching 27.89% in June 2024 from a low of -8.70% in December 2020. This suggests that the company's overall asset utilization and efficiency have been improving over time.
- The Return on Total Capital has shown a similar upward trajectory, increasing from -41.82% in December 2020 to 64.75% in June 2024, indicating the company's ability to generate returns from both equity and debt capital.
- Return on Equity has also displayed a positive trend, with a significant rise from -84.71% in December 2020 to 61.11% in June 2024, reflecting an improvement in the company's ability to generate returns for its shareholders.
Overall, the profitability ratios of Golden Entertainment Inc have been on an upward trajectory, showcasing improving profitability and efficiency in utilizing both operational assets and capital to generate returns for the company and its shareholders.