Haynes International Inc (HAYN)
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 | 18.71% | 18.87% | 19.75% | 21.48% | 21.47% | 21.80% | 20.69% | 17.94% | 15.53% | 11.80% | 8.40% | 5.09% | 7.83% | 11.76% | 14.44% | 16.32% | 14.85% | 13.38% | 12.88% | 12.63% |
| Operating profit margin | 9.68% | 9.90% | 10.64% | 12.17% | 11.74% | 11.36% | 9.40% | 5.60% | 2.17% | -2.12% | -5.32% | -8.44% | -4.45% | 0.16% | 3.40% | 6.11% | 5.03% | 3.62% | 3.22% | 2.09% |
| Pretax margin | 8.62% | 8.92% | 9.95% | 11.85% | 11.79% | 11.81% | 9.64% | 5.61% | 1.84% | -2.91% | -6.58% | -10.20% | -6.44% | -1.98% | 1.75% | 4.83% | 3.97% | 2.73% | 2.09% | 0.67% |
| Net profit margin | 7.04% | 7.22% | 7.98% | 9.39% | 9.27% | 9.24% | 7.11% | 4.04% | 1.10% | -2.58% | -5.27% | -8.12% | -5.18% | -1.71% | 1.23% | 3.62% | 2.98% | 1.99% | 1.21% | 0.59% |
Haynes International Inc.'s profitability ratios have shown fluctuations over the past eight quarters. The gross profit margin has ranged from 17.89% to 21.68% during this period, with the lowest margin recorded in Q2 2022 and the highest in Q4 2022. This indicates varying levels of efficiency in generating sales revenue after accounting for the cost of goods sold.
The operating profit margin, which reflects the company's ability to control its operating expenses, has fluctuated between 5.58% and 12.06%. The lowest margin was in Q2 2022, while the highest was in Q2 2023. This suggests that the company has experienced challenges in managing its operating costs consistently.
The pretax margin, which indicates the company's profitability before accounting for taxes, ranged from 5.59% to 11.75%. The lowest margin was in Q2 2022, and the highest was in Q2 2023. This variability may reflect fluctuations in both operating efficiency and other non-operating expenses impacting the company's profitability.
The net profit margin, representing the company's bottom line profitability after all expenses, fluctuated between 4.03% and 9.30%. The lowest margin was in Q2 2022, while the highest was in Q2 2023. This suggests that the company's net profitability has also varied significantly over the analyzed quarters, indicating potential changes in efficiency, expenses, or other factors affecting its bottom line.
Overall, Haynes International Inc.'s profitability ratios show fluctuations in performance over the analyzed period, indicating varying levels of operational efficiency and profitability. It would be important for the company to closely monitor and manage its costs, revenues, and overall profitability to ensure sustainable and consistent financial performance.
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) | 8.22% | 8.16% | 8.76% | 9.81% | 9.17% | 8.77% | 6.74% | 3.95% | 1.49% | -1.31% | -3.03% | -4.77% | -2.76% | 0.11% | 2.42% | 4.66% | 4.07% | 2.98% | 2.64% | 1.67% |
| Return on assets (ROA) | 5.99% | 5.94% | 6.57% | 7.57% | 7.23% | 7.13% | 5.09% | 2.85% | 0.75% | -1.59% | -3.01% | -4.59% | -3.21% | -1.16% | 0.87% | 2.76% | 2.41% | 1.64% | 0.99% | 0.47% |
| Return on total capital | 10.82% | 10.83% | 12.26% | 13.76% | 13.62% | 13.35% | 12.51% | 6.88% | 2.32% | -2.50% | -6.74% | -10.42% | -6.96% | -2.05% | 2.95% | 7.89% | 6.75% | 4.85% | 3.35% | 1.25% |
| Return on equity (ROE) | 9.49% | 9.66% | 10.93% | 12.82% | 12.38% | 12.01% | 8.84% | 4.67% | 1.18% | -2.53% | -5.75% | -8.67% | -5.97% | -2.15% | 1.79% | 5.66% | 4.81% | 3.29% | 1.77% | 0.83% |
Haynes International Inc.'s profitability ratios demonstrate consistency and improvement over the quarters. The operating return on assets (Operating ROA) has remained relatively stable around the range of 8% to 9.81% in the recent quarters, indicating efficient operations in generating profits from its assets.
The Return on assets (ROA) has also shown consistency with a slight fluctuation, ranging from 5.99% to 7.57%, reflecting the company's ability to generate profits relative to its total assets.
The Return on total capital has shown an increasing trend from 10.14% in Q2 2022 to 14.45% in Q4 2022, suggesting effective utilization of both debt and equity in generating returns for the capital providers.
Moreover, the Return on equity (ROE) has shown a consistent upward trend from 8.84% in Q2 2022 to 12.82% in Q2 2023, indicating the company's ability to generate profits for its shareholders relative to their equity investments.
Overall, the profitability ratios of Haynes International Inc. reflect a positive trend, demonstrating the company's ability to efficiently utilize its assets, generate profits, and provide returns to both its asset and capital providers over the quarters.