Kontoor Brands Inc (KTB)
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 18.52% | 18.49% | 17.95% | 19.29% | 12.10% | 11.24% | 12.06% | 10.50% | 9.83% | 9.44% | 9.27% | 6.88% | 2.19% | 31.83% | 29.92% | 30.12% |
| Operating profit margin | 12.33% | 12.41% | 12.23% | 13.21% | 13.69% | 13.41% | 13.58% | 12.09% | 11.63% | 11.23% | 11.45% | 9.66% | 5.90% | 5.83% | 3.19% | 5.98% |
| Pretax margin | 10.50% | 10.68% | 10.56% | 11.60% | 12.25% | 11.80% | 12.13% | 10.70% | 10.05% | 9.62% | 9.53% | 7.35% | 3.48% | 3.27% | 0.66% | 4.02% |
| Net profit margin | 8.92% | 8.08% | 7.90% | 8.88% | 9.43% | 9.36% | 9.66% | 8.59% | 8.03% | 7.88% | 8.02% | 6.01% | 3.24% | 2.61% | 0.34% | 3.29% |
Kontoor Brands Inc's profitability ratios, as indicated by its gross profit margin, operating profit margin, pretax margin, and net profit margin, have shown fluctuations over the periods presented.
The gross profit margin has been relatively stable in recent quarters, ranging from around 17%-19%, indicating the company's ability to control direct production costs and generate profits from its core operations.
The operating profit margin has also remained consistent, hovering between 11%-13%, demonstrating Kontoor Brands' efficiency in managing operating expenses and generating profits from its day-to-day business activities.
The pretax margin reflects the company's ability to control non-operational expenses and taxes, with the margins fluctuating between 9%-12%. This metric indicates Kontoor Brands' overall profitability before accounting for taxes and other financial obligations.
The net profit margin, representing the company's bottom line profitability after all expenses have been deducted, has shown some variability, ranging from 7%-9%. The fluctuations suggest changes in the company's ability to control costs and generate profits for its shareholders.
Overall, Kontoor Brands Inc's profitability ratios indicate a certain level of stability in recent quarters, with consistent margins in gross profit, operating profit, pretax profit, and net profit. However, monitoring these ratios over time can provide insights into the company's financial health and 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 19.40% | 20.20% | 19.77% | 20.89% | 22.54% | 20.61% | 22.78% | 18.75% | 18.46% | 17.19% | 18.06% | 14.29% | 8.01% | 7.16% | 4.30% | 7.52% |
| Return on assets (ROA) | 14.04% | 13.15% | 12.77% | 14.05% | 15.52% | 14.39% | 16.21% | 13.33% | 12.75% | 12.06% | 12.65% | 8.89% | 4.39% | 3.21% | 0.46% | 4.13% |
| Return on total capital | 27.50% | 28.93% | 28.58% | 30.05% | 34.26% | 32.64% | 36.19% | 30.72% | 30.18% | 28.88% | 29.22% | 23.36% | 12.64% | 11.28% | 6.09% | 10.42% |
| Return on equity (ROE) | 62.11% | 61.51% | 63.54% | 77.18% | 97.90% | 114.27% | 139.59% | 115.04% | 131.92% | 105.34% | 124.77% | 100.62% | 80.25% | 205.79% | — | — |
Kontoor Brands Inc's profitability ratios show fluctuating performance over the past four quarters. The Operating Return on Assets (Operating ROA) has ranged between 14.29% to 22.78%, with a recent decline from 20.61% in September 2023 to 19.40% in December 2023. This indicates the company's ability to generate operating profits from its assets has slightly decreased.
The Return on Assets (ROA) has also shown variability, ranging from 0.46% to 15.52%, with a recent improvement from 13.15% in September 2023 to 14.04% in December 2023. This suggests an enhanced ability to generate profits relative to total assets.
Return on Total Capital has seen fluctuations between 6.09% to 36.19%, with the latest figure at 27.50% in December 2023. This ratio highlights the efficient use of total capital to generate profits, though it has slightly decreased compared to the previous quarter.
Return on Equity (ROE) has exhibited significant variability, ranging from 62.11% to 205.79%. The latest ROE of 62.11% in December 2023 indicates a lower return for shareholders compared to the previous quarter. Despite the fluctuating performance in profitability ratios, Kontoor Brands Inc has generally shown strong profitability metrics, especially in terms of generating returns for its total capital and equity holders.