Grocery Outlet Holding Corp (GO)
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 | 30.24% | 30.42% | 30.48% | 30.81% | 31.28% | 31.30% | 31.08% | 30.76% | 30.52% | 30.70% | 30.77% | 30.64% | 30.81% | 30.65% | 30.73% | 30.97% | 31.05% | 31.15% | 31.07% | 30.85% |
| Operating profit margin | 1.79% | 2.01% | 2.00% | 2.31% | 3.17% | 3.35% | 3.08% | 2.92% | 2.65% | 2.52% | 2.68% | 2.68% | 2.89% | 3.27% | 3.41% | 3.66% | 3.43% | 3.24% | 3.14% | 2.34% |
| Pretax margin | 1.28% | 1.62% | 1.65% | 1.98% | 2.62% | 2.68% | 2.39% | 2.20% | 2.12% | 2.01% | 2.17% | 2.32% | 2.52% | 2.89% | 3.00% | 3.08% | 2.78% | 2.47% | 2.24% | 0.83% |
| Net profit margin | 0.90% | 1.20% | 1.30% | 1.60% | 2.00% | 2.08% | 1.87% | 1.81% | 1.82% | 1.63% | 1.69% | 1.74% | 2.02% | 2.58% | 3.33% | 3.61% | 3.40% | 3.09% | 2.24% | 0.89% |
Based on the provided data, Grocery Outlet Holding Corp's profitability ratios show variations over time.
1. Gross Profit Margin: The company's gross profit margin has fluctuated between 30.24% and 31.30% during the period under review. There was a slight decline from 31.28% in December 2023 to 30.52% in March 2024, followed by some recovery towards the end of 2024.
2. Operating Profit Margin: The operating profit margin ranged from 1.79% to 3.43% over the analyzed period. There were some fluctuations, with a notable decrease from 3.35% in September 2023 to 1.79% in December 2024.
3. Pretax Margin: The pretax margin showed variability between 1.28% and 3.08% throughout the observation period. The company experienced a decline in pretax margin from 2.62% in December 2023 to 1.28% in December 2024.
4. Net Profit Margin: The net profit margin fluctuated between 0.90% and 3.61% during the reviewed dates. A downward trend is notable in the latter part of the period, with the net profit margin falling from 2.00% in December 2023 to 0.90% in December 2024.
Overall, while Grocery Outlet Holding Corp's gross profit margin remained relatively stable, there were fluctuations in operating, pretax, and net profit margins, suggesting some challenges in maintaining profitability and cost management efficiency during certain periods.
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) | 2.47% | 2.74% | 2.70% | 3.14% | 3.76% | 4.47% | 4.18% | 3.91% | 3.43% | 3.14% | 3.26% | 3.13% | 3.34% | 3.88% | 4.12% | 4.58% | 4.32% | 4.03% | 3.88% | 2.74% |
| Return on assets (ROA) | 1.24% | 1.63% | 1.76% | 2.17% | 2.38% | 2.77% | 2.54% | 2.43% | 2.35% | 2.03% | 2.06% | 2.03% | 2.33% | 3.05% | 4.02% | 4.52% | 4.29% | 3.85% | 2.76% | 1.05% |
| Return on total capital | 4.31% | 4.74% | 6.81% | 7.64% | 10.32% | 10.87% | 10.13% | 9.61% | 8.56% | 7.97% | 8.32% | 8.27% | 8.83% | 10.21% | 10.85% | 12.06% | 11.64% | 10.93% | 10.89% | 8.24% |
| Return on equity (ROE) | 3.30% | 4.18% | 4.44% | 5.28% | 6.51% | 6.75% | 6.14% | 5.96% | 5.86% | 5.14% | 5.25% | 5.37% | 6.17% | 8.04% | 10.60% | 11.91% | 11.57% | 10.38% | 7.71% | 3.10% |
The profitability ratios of Grocery Outlet Holding Corp demonstrate fluctuating performance over the periods covered.
- Operating Return on Assets (Operating ROA) varied between 2.74% to 4.58% from March 31, 2020, to March 31, 2023, indicating the company generated between $0.0274 to $0.0458 in operating profit for every dollar of assets during these periods. However, there was a slight decline post-March 31, 2023, reaching 3.14% by September 30, 2024.
- Return on Assets (ROA) followed a similar trend, ranging from 1.05% to 4.52% from March 31, 2020, to March 31, 2021, but then decreased to 1.24% by December 31, 2024, signifying a fall in the company's ability to generate profits from its total assets.
- Return on Total Capital peaked at 12.06% on March 31, 2021, but declined to 4.31% by December 31, 2024, reflecting a reduced efficiency in generating returns for both the equity and debt holders.
- Return on Equity (ROE) mirrored this trend, fluctuating between 3.10% to 11.91% from March 31, 2020, to March 31, 2021, before dropping to 3.30% by December 31, 2024, indicating a diminishing ability to generate profits for the equity shareholders.
Overall, the profitability ratios of Grocery Outlet Holding Corp highlight both periods of growth and decline in profitability performance over the periods examined.