Knowles Cor (KN)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 40.05% | 36.13% | 41.41% | 35.48% | 38.37% |
| Operating profit margin | 7.22% | -54.24% | 13.34% | 3.82% | 9.50% |
| Pretax margin | 6.36% | -54.69% | 12.07% | 1.96% | 7.69% |
| Net profit margin | 10.23% | -56.24% | 17.33% | 0.86% | 5.74% |
Knowles Corp's profitability ratios show fluctuating trends over the past five years.
- Gross profit margin has shown a declining trend from 2019 to 2023, indicating a decrease in the percentage of revenue remaining after accounting for the cost of goods sold.
- Operating profit margin has also experienced variability, with a notable decrease in 2023 compared to 2022, suggesting a decline in operational efficiency and profitability.
- The pretax margin has been volatile, with a significant negative value in 2022, indicating that the company incurred substantial expenses before taxes that year.
- Net profit margin has shown fluctuation, with a negative value in 2022, implying that the company experienced a loss after accounting for all expenses and taxes.
Overall, Knowles Corp's profitability ratios reflect mixed performance over the past five years, with some years showing strong profitability and others experiencing challenges. Further analysis of the company's financial statements and external factors would be needed to understand the reasons behind these fluctuations and assess the company's overall financial health.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 3.49% | -35.04% | 6.69% | 1.76% | 4.91% |
| Return on assets (ROA) | 4.95% | -36.33% | 8.69% | 0.40% | 2.97% |
| Return on total capital | 4.06% | -39.97% | 7.57% | 2.24% | 5.62% |
| Return on equity (ROE) | 7.00% | -43.32% | 10.30% | 0.51% | 3.81% |
Knowles Corp's profitability ratios exhibit fluctuating performance over the past five years. The Operating Return on Assets (Operating ROA) shows a decrease from 8.27% in 2022 to 2.96% in 2023, indicating a decline in the company's ability to generate profits from its assets solely through operations. The Return on Assets (ROA) also fluctuates significantly, with a notable negative return in 2022, likely due to low profitability relative to total assets during that period.
The Return on Total Capital remained relatively stable between 3.31% and 9.39% over the five-year period, suggesting the company's efficiency in generating returns from both debt and equity investments. The Return on Equity (ROE) experienced similar fluctuations, with negative returns in 2022 due to a sharp decline in profitability relative to shareholders' equity.
Overall, the company's profitability ratios indicate varying levels of efficiency in utilizing assets and capital to generate returns for its shareholders. Further analysis of the factors impacting these ratios, such as operational performance, financial leverage, and market conditions, would be necessary to assess the company's overall financial health accurately.