Graco Inc (GGG)
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 | 52.88% | 51.92% | 50.71% | 49.94% | 49.33% | 49.77% | 50.57% | 51.34% | 52.02% | 52.35% | 52.64% | 52.21% | 51.81% | 51.47% | 51.37% | 52.17% | 52.23% | 52.38% | 52.74% | 53.04% |
| Operating profit margin | 29.46% | 28.82% | 27.83% | 27.58% | 26.72% | 26.54% | 26.40% | 26.21% | 26.73% | 27.05% | 27.75% | 24.86% | 23.74% | 22.85% | 22.03% | 25.38% | 25.79% | 25.42% | 25.87% | 25.99% |
| Pretax margin | 27.73% | 29.09% | 28.01% | 27.54% | 26.39% | 25.42% | 25.14% | 24.94% | 25.58% | 26.52% | 27.15% | 24.17% | 22.70% | 21.71% | 20.70% | 23.98% | 24.66% | 24.11% | 24.56% | 24.46% |
| Net profit margin | 23.07% | 23.94% | 23.10% | 22.44% | 21.49% | 21.37% | 21.38% | 21.45% | 22.13% | 22.64% | 23.76% | 20.99% | 20.03% | 18.88% | 17.42% | 20.43% | 20.89% | 20.29% | 20.61% | 20.72% |
Graco Inc's profitability ratios indicate steady performance over the past few quarters. The gross profit margin has hovered around the mid-50% range, showing efficient cost management and pricing strategies. The operating profit margin has also remained relatively stable, reflecting consistent operating efficiency. The pretax margin has shown a slight increase, indicating improved pre-tax profitability.
Furthermore, the net profit margin has shown a similar trend, with a gradual increase over the quarters, suggesting effective management of expenses and a healthy bottom line. Overall, Graco Inc's profitability ratios demonstrate resilience and effectiveness in managing costs and generating profits, contributing to the company's overall financial health.
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) | 23.76% | 23.53% | 22.51% | 23.60% | 23.48% | 23.16% | 22.72% | 22.91% | 21.75% | 21.83% | 23.29% | 20.61% | 19.70% | 18.24% | 17.43% | 21.04% | 25.08% | 25.46% | 26.10% | 27.71% |
| Return on assets (ROA) | 18.61% | 19.54% | 18.68% | 19.20% | 18.89% | 18.65% | 18.40% | 18.76% | 18.00% | 18.27% | 19.94% | 17.40% | 16.62% | 15.08% | 13.79% | 16.94% | 20.32% | 20.32% | 20.80% | 22.10% |
| Return on total capital | 27.60% | 29.29% | 29.27% | 29.40% | 29.75% | 29.64% | — | — | 29.07% | 30.26% | 31.79% | 28.03% | 26.91% | 24.77% | 23.36% | 28.15% | 35.23% | 34.84% | 38.09% | 41.13% |
| Return on equity (ROE) | 22.77% | 23.89% | 23.90% | 24.62% | 24.77% | 25.43% | — | — | 25.73% | 27.76% | 30.02% | 26.28% | 25.74% | 25.78% | 26.35% | 32.39% | 33.55% | 33.82% | 36.86% | 40.54% |
Graco Inc's profitability ratios have shown a relatively stable and strong performance over the past two years. The Operating Return on Assets (Operating ROA) has consistently remained above 20%, indicating efficient management of assets to generate operating profits. The Return on Assets (ROA) has also exhibited a positive trend, ranging between 16% to 20%, reflecting the company's ability to generate profits relative to its total assets.
The Return on Total Capital has been consistently high, ranging from 27% to 38% over the period, indicating that the company is effectively utilizing both equity and debt to generate returns for its capital providers. The Return on Equity (ROE) has shown a similar positive trend, ranging from 22% to 36%, demonstrating that Graco Inc is providing strong returns to its shareholders.
Overall, Graco Inc's profitability ratios suggest a financially stable company with efficient asset utilization and strong returns for both capital providers and equity shareholders.