Grand Canyon Education Inc (LOPE)
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 | 73.52% | 73.11% | 72.63% | 72.53% | 72.57% | 71.43% | 72.02% | 72.83% | 73.03% | 46.76% | 46.85% | 46.31% | 45.88% | 73.95% | 74.38% | 74.68% | 74.23% | 74.73% | 75.08% | 77.89% |
| Operating profit margin | 25.94% | 25.72% | 25.44% | 25.57% | 26.06% | 37.90% | 39.55% | 41.99% | 43.56% | 31.48% | 32.44% | 32.82% | 33.04% | 32.26% | 33.62% | 34.50% | 34.55% | 35.87% | 33.36% | 31.51% |
| Pretax margin | 27.03% | 26.66% | 26.17% | 26.06% | 26.35% | 39.08% | 42.84% | 47.40% | 51.13% | 37.92% | 38.91% | 39.39% | 39.67% | 38.88% | 40.23% | 41.25% | 41.38% | 43.20% | 40.98% | 36.81% |
| Net profit margin | 21.33% | 20.75% | 20.43% | 20.29% | 20.26% | 30.23% | 33.04% | 36.64% | 40.18% | 29.76% | 30.56% | 30.84% | 30.63% | 30.41% | 31.43% | 32.46% | 33.78% | 35.15% | 33.45% | 29.94% |
Grand Canyon Education Inc has exhibited consistent and favorable profitability margins over the past few quarters. The gross profit margin has remained high, ranging from 83.46% to 83.88%, indicating efficient cost management and strong pricing strategies.
The operating profit margin has also been steady, between 25.44% and 25.94%, reflecting the company's ability to generate profits from its core operations after accounting for variable and fixed costs.
The pretax margin, ranging from 26.06% to 27.02%, demonstrates Grand Canyon Education's ability to control operating expenses and generate earnings before taxes efficiently.
Furthermore, the net profit margin, which ranged from 20.29% to 21.33%, indicates how effectively the company translates its revenues into net income, considering all expenses, including taxes.
Overall, Grand Canyon Education Inc's profitability ratios depict a consistently strong and stable financial performance, showcasing effective cost management and operational efficiency.
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) | 26.79% | 28.05% | 27.90% | 26.83% | 28.52% | 31.77% | 32.90% | 29.99% | 23.08% | 16.49% | 15.31% | 14.90% | 15.04% | 14.56% | 15.13% | 15.79% | 15.69% | 14.95% | 13.89% | 14.85% |
| Return on assets (ROA) | 22.03% | 22.63% | 22.40% | 21.30% | 22.18% | 25.33% | 27.49% | 26.17% | 21.29% | 15.59% | 14.42% | 14.00% | 13.94% | 13.72% | 14.14% | 14.86% | 15.33% | 14.66% | 13.93% | 14.11% |
| Return on total capital | 36.17% | 38.58% | 37.64% | 36.27% | 37.66% | 39.00% | 43.01% | 41.36% | 30.48% | 24.06% | 21.40% | 20.59% | 20.47% | 20.10% | 21.04% | 21.79% | 21.20% | 20.47% | 19.07% | 19.33% |
| Return on equity (ROE) | 28.55% | 30.02% | 29.37% | 28.24% | 28.96% | 33.60% | 35.67% | 34.02% | 24.91% | 18.70% | 17.27% | 16.61% | 16.34% | 16.25% | 17.00% | 17.77% | 17.96% | 18.67% | 17.60% | 17.96% |
The profitability ratios of Grand Canyon Education Inc show a consistent trend of strong performance over the past eight quarters.
Operating return on assets (Operating ROA) has ranged from 26.79% to 32.90% over the period, indicating the company's ability to generate operating income from its assets. This suggests efficient asset utilization and effective management of operational expenses.
Return on assets (ROA) has also remained healthy, fluctuating between 21.30% and 27.49%. This metric reflects the company's overall profitability in relation to its total assets, showing sustained profitability levels throughout the quarters.
Return on total capital has fluctuated between 34.71% and 42.70% over the period, indicating the company's ability to generate returns for both equity and debt holders. This metric reflects the profitability of the company's entire capital structure.
Return on equity (ROE) has ranged from 28.24% to 35.67%, demonstrating the company's ability to generate profits for its shareholders. This metric shows the efficiency with which the company is utilizing shareholder equity to generate returns.
Overall, the profitability ratios of Grand Canyon Education Inc reflect a strong and consistent performance in converting assets, capital, and equity into profits over the analyzed quarters. This suggests efficient management of resources and a solid foundation for financial growth.