Green Plains Renewable Energy Inc (GPRE)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 5.82% | 3.76% | 7.15% | 5.80% | -4.84% |
| Operating profit margin | -1.87% | -2.70% | 0.90% | -6.38% | -5.90% |
| Pretax margin | -3.00% | -3.34% | -2.27% | -8.27% | -7.78% |
| Net profit margin | -2.83% | -3.47% | -2.33% | -5.65% | -6.90% |
Green Plains Inc has shown varying levels of profitability over the past five years as indicated by its profitability ratios.
- Gross profit margin has ranged from 1.34% in 2019 to 7.15% in 2021, with a current level of 5.82% in 2023. This indicates the company's ability to efficiently produce goods and services after accounting for the cost of goods sold.
- Operating profit margin has also fluctuated, with the lowest level at -5.90% in 2019 and the highest at -0.14% in 2021. Currently, the company is at -2.03% in 2023. This ratio reflects the company's ability to generate profit from its core operations.
- Pretax margin has ranged from -7.28% in 2020 to -1.50% in 2021, with the latest figure at -2.49% in 2023. This ratio shows the company's ability to generate profits before accounting for taxes.
- Net profit margin, which represents the company's bottom line profitability, has varied between -6.90% in 2019 and -2.33% in 2021. The current level is -2.83% in 2023. This ratio indicates the company's ability to generate profit after all expenses have been deducted.
Overall, while there have been fluctuations in profitability ratios, the company has shown some improvement in its profitability performance in recent years, particularly in the gross profit margin and net profit margin. However, the negative operating profit margin and pretax margin figures in recent years indicate that the company still faces challenges in improving its operational efficiency and overall profitability.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -3.18% | -4.66% | 1.18% | -7.77% | -8.40% |
| Return on assets (ROA) | -4.82% | -5.99% | -3.06% | -6.89% | -9.83% |
| Return on total capital | -4.59% | -6.39% | 0.20% | -12.76% | -14.86% |
| Return on equity (ROE) | -11.07% | -13.98% | -6.94% | -16.82% | -22.19% |
The profitability ratios of Green Plains Inc have exhibited a mixed performance over the past five years.
Operating return on assets (Operating ROA) has fluctuated between negative values, ranging from -8.40% in 2019 to -3.45% in 2023. This ratio indicates the company's ability to generate operating profits from its assets, and the improvement from 2019 to 2023 is a positive sign.
Return on assets (ROA) also shows a similar negative trend, decreasing from -9.83% in 2019 to -4.82% in 2023. ROA reflects the overall profitability of the company's assets, and the reduction in the negative percentage indicates some improvement in efficiency.
Return on total capital has followed a downward trend, from -10.62% in 2019 to -4.60% in 2023. This ratio evaluates the company's ability to generate returns from all invested capital, including debt and equity. The slight increase in 2023 compared to 2022 is a positive indicator.
Return on equity (ROE) has also shown negative values throughout the period, with a decrease from -22.19% in 2019 to -11.07% in 2023. ROE measures the profitability for shareholders and the company's ability to generate returns on their equity investments. The improvement in this ratio from 2019 to 2023 represents a positive trend.
Overall, Green Plains Inc has shown some improvements in its profitability ratios over the years, indicating potential enhancements in operational efficiency and the company's ability to generate returns for its stakeholders.