Insteel Industries Inc (IIIN)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 9.38% | 9.35% | 9.90% | 8.97% | 10.07% | 12.99% | 16.88% | 21.12% | 23.88% | 24.98% | 23.61% | 22.18% | 20.58% | 18.16% | 16.29% | 14.06% | 11.83% | 9.00% | 7.46% | 5.66% |
| Operating profit margin | 3.63% | 3.71% | 4.44% | 3.86% | 5.23% | 8.52% | 12.73% | 17.28% | 15.83% | 16.29% | 14.18% | 7.99% | 8.58% | 5.45% | 2.67% | 4.05% | 4.57% | 2.24% | 1.20% | 0.11% |
| Pretax margin | 4.78% | 4.82% | 5.50% | 4.81% | 6.43% | 9.40% | 13.41% | 17.86% | 19.57% | 20.59% | 18.86% | 16.25% | 14.58% | 11.31% | 9.23% | 6.90% | 5.13% | 2.86% | 1.54% | 0.62% |
| Net profit margin | 3.65% | 3.69% | 4.26% | 3.73% | 4.99% | 7.27% | 10.35% | 13.81% | 15.13% | 15.93% | 14.60% | 12.56% | 11.28% | 8.78% | 7.18% | 5.39% | 4.03% | 2.20% | 1.19% | 0.45% |
Insteel Industries Inc's profitability ratios have shown fluctuations over the past few quarters.
1. Gross Profit Margin: The gross profit margin has been declining gradually from 9.38% in Sep 2024 to 5.66% in Mar 2020. This indicates a decreasing trend in the company's ability to generate profits after accounting for the cost of goods sold.
2. Operating Profit Margin: The operating profit margin has also shown a downward trend, with a peak of 17.28% in Dec 2022 and a low of 0.11% in Mar 2020. This suggests that the company's efficiency in managing operating expenses and generating profits has varied significantly.
3. Pretax Margin: The pretax margin has fluctuated over time, ranging from 19.57% in Sep 2022 to 0.62% in Mar 2020. This ratio reflects the company's ability to generate profits before accounting for income tax expenses.
4. Net Profit Margin: The net profit margin has also experienced fluctuations, with a peak of 15.93% in Sep 2022 and a low of 0.45% in Dec 2019. This metric represents the company's bottom-line profitability after accounting for all expenses.
Overall, Insteel Industries Inc's profitability ratios demonstrate variability in its ability to generate profits over the analyzed periods. It is essential for the company to closely monitor and manage its costs and expenses to improve its overall profitability in the future.
Return on investment
| 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 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.55% | 4.91% | 6.37% | 5.94% | 7.59% | 13.44% | 22.71% | 33.36% | 27.72% | 26.76% | 24.41% | 14.07% | 12.97% | 8.16% | 4.11% | 6.46% | 6.38% | 2.97% | 1.69% | 0.17% |
| Return on assets (ROA) | 4.57% | 4.89% | 6.11% | 5.74% | 7.24% | 11.47% | 18.47% | 26.67% | 26.50% | 26.16% | 25.13% | 22.13% | 17.05% | 13.14% | 11.03% | 8.58% | 5.63% | 2.92% | 1.67% | 0.66% |
| Return on total capital | 7.23% | 7.68% | 9.22% | 8.69% | 10.97% | 17.64% | 28.09% | 40.54% | 41.52% | 44.61% | 42.01% | 36.93% | 28.54% | 22.77% | 18.51% | 14.02% | 9.17% | 5.00% | 2.81% | 1.19% |
| Return on equity (ROE) | 5.50% | 5.86% | 7.12% | 6.72% | 8.50% | 13.62% | 21.67% | 31.33% | 32.08% | 34.49% | 32.51% | 28.53% | 22.05% | 17.65% | 14.36% | 10.91% | 7.18% | 3.82% | 2.13% | 0.82% |
Insteel Industries Inc's profitability ratios have shown fluctuation over the past several quarters. The Operating return on assets (Operating ROA) has varied from a low of 0.17% in Q4 2019 to a high of 33.36% in Q4 2022, demonstrating significant volatility. The Return on assets (ROA) also displayed variability, ranging from 0.66% in Q4 2019 to 26.67% in Q4 2022.
The Return on total capital has followed a similar pattern, with a low of 1.19% in Q4 2019 and a peak of 44.61% in Q2 2022. This ratio reflects the efficiency of the company in generating returns from its overall invested capital.
Return on equity (ROE) has also been volatile, fluctuating from 0.82% in Q4 2019 to 34.49% in Q2 2022. This ratio indicates the profitability of the company from the perspective of its shareholders' equity.
Overall, Insteel Industries Inc's profitability ratios have shown a mix of highs and lows, with fluctuations in performance across different periods. It is essential for stakeholders to closely monitor these ratios to assess the company's financial health and operational efficiency.