Inter Parfums Inc (IPAR)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 63.68% | 63.90% | 63.32% | 61.36% | 62.50% |
| Operating profit margin | 19.08% | 17.88% | 16.83% | 13.00% | 14.68% |
| Pretax margin | 16.28% | 15.10% | 14.60% | 10.69% | 12.52% |
| Net profit margin | 11.58% | 11.13% | 9.94% | 7.09% | 8.44% |
Inter Parfums, Inc. has shown relatively stable and healthy profitability ratios over the past five years. The gross profit margin has consistently been above 60%, indicating that the company effectively manages its production costs and pricing strategies. The operating profit margin has also shown a positive trend, increasing from 13.00% in 2020 to 19.08% in 2023, reflecting efficient management of operating expenses.
The pretax margin has shown an upward trend as well, indicating that the company has been able to generate more income before taxes relative to total sales over the years. The net profit margin has also steadily improved, increasing from 7.09% in 2020 to 11.59% in 2023, demonstrating the company's ability to effectively control its expenses and generate profits.
Overall, Inter Parfums, Inc. has shown consistent profitability improvements, which is a positive indicator of the company's financial health and operational efficiency.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 18.36% | 14.85% | 12.93% | 7.87% | 12.64% |
| Return on assets (ROA) | 11.15% | 9.24% | 7.63% | 4.29% | 7.27% |
| Return on total capital | 27.28% | 21.83% | 18.62% | 10.91% | 19.11% |
| Return on equity (ROE) | 21.83% | 19.61% | 15.28% | 7.13% | 12.87% |
Inter Parfums, Inc. has shown consistent improvement in its profitability ratios over the past five years.
Operating return on assets (Operating ROA) has been increasing steadily from 12.64% in 2019 to 18.36% in 2023, indicating that the company is generating more profit from its core operations relative to its assets.
Return on assets (ROA) has also shown an upward trend, from 7.27% in 2019 to 11.15% in 2023, reflecting Inter Parfums' ability to generate more earnings from its total assets.
Return on total capital has increased significantly from 21.33% in 2019 to 29.19% in 2023, signaling that the company is efficiently utilizing both equity and debt to generate returns for its investors.
Return on equity (ROE) has also increased consistently over the years, reaching 21.83% in 2023 from 12.87% in 2019, highlighting the company's ability to generate profit from shareholders' equity.
Overall, the trend in Inter Parfums, Inc.'s profitability ratios indicates improved efficiency and effectiveness in utilizing its assets, total capital, and equity to generate returns for its stakeholders.