Monro Muffler Brake Inc (MNRO)
Profitability ratios
Return on sales
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 35.93% | 34.84% | 36.07% | 35.99% | 38.79% |
| Operating profit margin | 5.68% | 6.09% | 7.58% | 6.58% | 8.28% |
| Pretax margin | 4.12% | 4.37% | 5.79% | 4.02% | 6.04% |
| Net profit margin | 2.99% | 2.98% | 4.61% | 3.13% | 4.72% |
Monro Muffler Brake Inc's profitability ratios have shown some fluctuations over the past five years.
The gross profit margin has been relatively stable, ranging from 34.84% to 38.79%. This indicates that the company has been able to maintain a consistent level of profitability after accounting for the cost of goods sold.
The operating profit margin has shown a slight decrease over the years, from 8.28% in 2020 to 5.68% in 2024. This suggests that the company's operating expenses may have increased relative to its sales.
The pretax margin has also exhibited a similar downward trend, declining from 6.04% in 2020 to 4.12% in 2024. This indicates that the company's profitability before taxes has weakened over the years.
The net profit margin has fluctuated as well, with a decrease from 4.72% in 2020 to 2.99% in 2024. This suggests that Monro Muffler Brake Inc's bottom line profitability has been under pressure, possibly due to a combination of factors such as rising expenses or lower revenues.
In summary, Monro Muffler Brake Inc's profitability ratios have shown mixed results, with stable gross profit margins but declining operating, pretax, and net profit margins over the past five years. Further analysis would be required to understand the underlying causes of these trends.
Return on investment
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.22% | 4.49% | 5.41% | 3.99% | 4.96% |
| Return on assets (ROA) | 2.22% | 2.20% | 3.29% | 1.89% | 2.83% |
| Return on total capital | 9.41% | 9.97% | 10.56% | 7.69% | 7.82% |
| Return on equity (ROE) | 5.72% | 5.62% | 7.86% | 4.58% | 7.90% |
Monro Muffler Brake Inc's profitability ratios reflect its ability to generate profit relative to its assets, capital, and equity over the past five years. The operating return on assets (Operating ROA) has gradually declined from 5.41% in 2022 to 4.22% in 2024, indicating a decreasing trend in generating operating profit from its assets.
The return on assets (ROA) remained relatively stable between 2021 and 2024, ranging from 1.89% to 2.22%. This ratio measures how well the company utilizes its total assets to generate profit, with the values suggesting a moderate performance in this aspect.
The return on total capital shows a consistent decline from 10.56% in 2022 to 9.41% in 2024. This ratio reflects the overall profitability of the company in relation to its total capital employed, indicating a slight decrease in efficiency in generating returns for capital providers over the years.
Finally, the return on equity (ROE) fluctuated within a narrower range compared to other ratios, ranging from 4.58% to 7.90% over the period. This ratio indicates how effectively the company is using shareholder equity to generate profit, with Monro Muffler Brake Inc showing varied performance in this aspect, potentially due to fluctuations in earnings and shareholder equity levels.
Overall, the varying trends in these profitability ratios suggest that Monro Muffler Brake Inc has experienced shifts in its ability to generate profits in relation to its assets, capital, and equity over the past five years, indicating the need for further analysis to understand the underlying factors contributing to these changes.