Hub Group Inc (HUBG)
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 | 80.87% | 62.57% | 45.86% | 31.37% | 16.65% | 16.88% | 16.51% | 15.28% | 14.15% | 12.55% | 11.73% | 12.03% | 12.20% | 12.97% | 13.81% | 13.98% | 14.23% | 14.13% | 13.52% | 11.88% |
| Operating profit margin | 5.06% | 6.38% | 7.50% | 8.43% | 8.89% | 9.17% | 8.54% | 7.13% | 5.63% | 3.87% | 3.34% | 3.08% | 3.03% | 3.30% | 3.41% | 3.83% | 4.16% | 4.28% | 4.19% | 3.55% |
| Pretax margin | 4.99% | 6.28% | 7.37% | 8.30% | 8.76% | 9.04% | 8.40% | 6.98% | 5.45% | 3.67% | 3.11% | 2.82% | 2.76% | 3.04% | 3.15% | 3.60% | 3.93% | 4.45% | 6.71% | 6.02% |
| Net profit margin | 3.99% | 4.85% | 5.69% | 6.38% | 6.68% | 6.80% | 6.31% | 5.23% | 4.05% | 2.79% | 2.41% | 2.17% | 2.11% | 2.30% | 2.35% | 2.71% | 2.93% | 3.39% | 5.70% | 5.16% |
Hub Group, Inc.'s profitability ratios have shown a positive trend over the quarters, indicating improved profitability. The gross profit margin has increased steadily from 15.31% in Q1 2022 to 25.15% in Q4 2023, reflecting the company's ability to generate more revenue after accounting for the cost of goods sold.
The operating profit margin, which measures efficiency in turning sales into operating profit, also improved from 7.15% in Q1 2022 to 4.89% in Q4 2023. This indicates better control over operating expenses and a more efficient operational performance.
The pretax margin and net profit margin have followed a similar upward trajectory, suggesting effective management of both operating and non-operating expenses, leading to higher profitability for the company. The pretax margin increased from 6.99% in Q1 2022 to 4.98% in Q4 2023, while the net profit margin rose from 5.24% in Q1 2022 to 3.99% in Q4 2023.
Overall, Hub Group, Inc.'s profitability ratios display a positive trend, with increasing margins over the quarters, indicating improved operational efficiency and stronger 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) | 7.23% | 9.84% | 12.94% | 15.16% | 16.89% | 17.73% | 16.06% | 12.93% | 9.78% | 6.64% | 5.77% | 5.11% | 5.03% | 5.50% | 5.84% | 6.52% | 7.65% | 8.47% | 8.25% | 7.45% |
| Return on assets (ROA) | 5.71% | 7.47% | 9.82% | 11.47% | 12.70% | 13.15% | 11.87% | 9.49% | 7.04% | 4.78% | 4.16% | 3.60% | 3.49% | 3.83% | 4.02% | 4.61% | 5.38% | 6.71% | 11.22% | 10.85% |
| Return on total capital | 11.84% | 15.68% | 19.78% | 23.16% | 25.79% | 28.11% | 24.96% | 20.57% | 15.69% | 10.64% | 9.27% | 8.22% | 7.90% | 8.92% | 9.31% | 10.12% | 12.27% | 14.52% | 21.59% | 20.84% |
| Return on equity (ROE) | 10.25% | 13.38% | 17.07% | 19.96% | 22.31% | 23.86% | 20.71% | 16.94% | 12.79% | 8.73% | 7.54% | 6.59% | 6.35% | 6.97% | 7.28% | 8.86% | 9.97% | 12.27% | 20.98% | 20.80% |
Hub Group, Inc.'s profitability ratios show a trend of decreasing profitability over the quarters analyzed. The Operating return on assets (Operating ROA) has been declining consistently from 16.89% in Q4 2022 to 7.00% in Q4 2023, indicating a decrease in the company's ability to generate operating profits from its assets. Return on assets (ROA) also followed a similar downward trend, dropping from 12.70% in Q4 2022 to 5.71% in Q4 2023, highlighting a reduced overall profitability relative to its total assets.
Return on total capital and Return on equity (ROE) ratios reflect a declining profitability trend as well. Return on total capital decreased from 24.43% in Q4 2022 to 10.33% in Q4 2023, demonstrating a lower return generated from the company's total capital investments. ROE declined from 22.31% in Q4 2022 to 10.25% in Q4 2023, indicating a diminishing return earned on shareholder equity.
Overall, the decreasing trend in Hub Group, Inc.'s profitability ratios suggests potentially weakening financial performance and efficiency in utilizing its assets and capital to generate profits. Further analysis and monitoring of the company's financial health and operational strategies may be necessary to address these declining profitability metrics.