Hillenbrand Inc (HI)
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 | 33.79% | 33.66% | 33.22% | 32.81% | 32.83% | 32.99% | 31.35% | 31.29% | 31.68% | 32.67% | 34.12% | 34.53% | 33.52% | 32.31% | 32.03% | 31.68% | 32.99% | 34.47% | 34.52% | 35.38% |
| Operating profit margin | 25.90% | 25.65% | 28.14% | 29.00% | 30.88% | 33.49% | 41.00% | 38.13% | 35.25% | 29.32% | 26.53% | 23.82% | 18.91% | 15.95% | 14.19% | 13.80% | 15.58% | 19.24% | 19.22% | 19.66% |
| Pretax margin | 22.15% | 23.80% | 25.80% | 27.26% | 11.58% | 12.65% | 13.78% | 12.77% | 13.39% | 14.66% | 19.21% | 19.37% | 13.07% | 8.83% | 6.15% | 6.13% | 13.01% | 17.37% | 17.46% | 17.97% |
| Net profit margin | 18.39% | 20.16% | 22.81% | 24.26% | 8.54% | 9.02% | 11.24% | 10.15% | 10.52% | 11.15% | 15.53% | 15.43% | 10.10% | 7.45% | 4.92% | 5.59% | 11.81% | 14.57% | 14.53% | 14.84% |
Hillenbrand Inc's profitability ratios show relatively stable trends over the past quarters. The gross profit margin has ranged between 32.36% and 33.57%, indicating consistent control over production costs and pricing strategies. The operating profit margin has fluctuated slightly, with Q1 2024 showing a slight increase to 10.62%. This suggests effective management of operating expenses.
The pretax margin has also experienced some variability, ranging from 7.38% to 10.68%. The recent Q1 2024 figure of 7.38% may raise some concerns, indicating lower profitability before accounting for taxes compared to previous quarters. Lastly, the net profit margin has shown significant fluctuations, notably increasing to 20.16% in Q4 2023 before dropping to 18.39% in Q1 2024. This could be due to various factors, such as changes in tax rates or one-time gains or losses.
Overall, while Hillenbrand Inc has maintained a healthy level of profitability, it may be worth investigating the factors contributing to the fluctuations in net profit margin to ensure sustained 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) | 13.65% | 13.07% | 15.85% | 15.19% | 15.20% | 20.05% | 19.40% | 18.37% | 18.66% | 16.37% | 18.42% | 16.51% | 12.44% | 10.07% | 8.13% | 7.07% | 6.92% | 15.61% | 18.26% | 18.72% |
| Return on assets (ROA) | 9.69% | 10.27% | 12.85% | 12.71% | 4.20% | 5.40% | 5.32% | 4.89% | 5.57% | 6.22% | 10.78% | 10.70% | 6.65% | 4.70% | 2.82% | 2.86% | 5.25% | 11.82% | 13.80% | 14.13% |
| Return on total capital | 19.84% | 20.72% | 25.57% | 25.96% | 11.40% | 15.50% | 13.72% | 12.92% | 14.48% | 16.63% | 25.40% | 25.09% | 16.81% | 11.64% | 7.69% | 6.48% | 9.91% | 24.85% | 30.35% | 30.81% |
| Return on equity (ROE) | 32.06% | 34.94% | 36.78% | 37.53% | 17.67% | 19.29% | 18.38% | 15.84% | 18.05% | 20.66% | 35.39% | 34.50% | 22.51% | 17.70% | 10.96% | 11.89% | 20.58% | 34.93% | 33.40% | 35.20% |
Hillenbrand Inc's profitability ratios show a mixed performance over the past eight quarters. The Operating Return on Assets (Operating ROA) has been relatively stable, ranging from 5.31% to 9.79%, with a slight decrease in recent quarters. This indicates the company's ability to generate operating profits from its assets, although there has been a slight decline in efficiency.
The Return on Assets (ROA) has shown more variability, with a significant increase in Q3 2023 to 12.85%, followed by a decline in the subsequent quarters. This metric reflects the company's overall ability to generate profits from its total assets, including both operating and non-operating activities.
Return on Total Capital has also fluctuated, peaking in Q3 2022 at 16.42%, but trending downward since then. This ratio considers the returns generated from both equity and debt capital invested in the company, indicating the effectiveness of the company in utilizing its total capital to generate profits.
The Return on Equity (ROE) has shown an upward trend, reaching its peak in Q2 2024 at 37.53%. This metric demonstrates the company's ability to generate a return for its shareholders' equity investment, reflecting strong profitability and efficient use of equity capital.
Overall, Hillenbrand Inc's profitability ratios suggest a mixed performance, with some ratios showing stability or improvement while others exhibit variability. It would be important to further analyze the underlying factors driving these changes to better understand the company's overall financial performance.