Monro Muffler Brake Inc (MNRO)
Profitability ratios
Return on sales
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | |
|---|---|---|---|---|---|
| Gross profit margin | — | 35.41% | 34.42% | 35.45% | 35.11% |
| Operating profit margin | — | 5.59% | 6.02% | 1.53% | -0.43% |
| Pretax margin | — | 4.06% | 4.31% | 5.69% | 3.93% |
| Net profit margin | — | 2.94% | 2.95% | 4.53% | 3.05% |
Monro Muffler Brake Inc's profitability ratios show varying levels of performance over the years.
1. Gross Profit Margin: The trend in the gross profit margin has been relatively stable, with slight fluctuations between 34.42% and 35.45% over the years. This indicates the company has been able to maintain a consistent level of profitability after accounting for the cost of goods sold.
2. Operating Profit Margin: Monro Muffler Brake Inc has shown improvement in its operating profit margin, moving from a negative margin of -0.43% in 2021 to a positive margin of 5.59% in 2024. This suggests that the company has become more efficient in managing its operating expenses relative to its sales.
3. Pretax Margin: The pretax margin slightly increased from 3.93% in 2021 to 5.69% in 2022 but then decreased to 4.06% by 2024. This indicates that the company's profitability before accounting for taxes improved initially but then saw a slight decline.
4. Net Profit Margin: The net profit margin has shown some volatility, ranging from 2.94% to 4.53% over the years. While there was an increase in 2022, the margins have generally been hovering around 3% to 4%, indicating that Monro Muffler Brake Inc's bottom line profitability has been relatively steady.
Overall, the company's profitability ratios suggest that it has been able to maintain a reasonable level of profitability, with improvements in operating efficiency and profitability before taxes, despite some fluctuations in net profit margins.
Return on investment
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | — | 4.22% | 4.49% | 1.11% | -0.27% |
| Return on assets (ROA) | — | 2.22% | 2.20% | 3.29% | 1.89% |
| Return on total capital | 0.00% | 10.95% | 11.48% | 2.65% | -0.65% |
| Return on equity (ROE) | -0.83% | 5.72% | 5.62% | 7.86% | 4.58% |
Based on the provided data, Monro Muffler Brake Inc's profitability ratios show mixed performance over the years.
1. Operating Return on Assets (Operating ROA):
- The Operating ROA improved from -0.27% as of March 31, 2021, to 4.49% as of March 31, 2023, indicating the company's ability to generate profits from its operating activities.
- However, there was a slight decrease to 4.22% as of March 31, 2024.
2. Return on Assets (ROA):
- The ROA increased from 1.89% as of March 31, 2021, to 3.29% as of March 31, 2022, suggesting an improvement in the company's efficiency in using its assets to generate profits.
- There was a decline to 2.20% as of March 31, 2023, followed by a small increase to 2.22% as of March 31, 2024.
3. Return on Total Capital:
- The Return on Total Capital went from -0.65% as of March 31, 2021, to 11.48% as of March 31, 2023, showcasing a significant improvement in the company's ability to generate returns from the total capital employed.
- However, this dropped to 10.95% as of March 31, 2024 and eventually reached 0.00% as of March 31, 2025.
4. Return on Equity (ROE):
- The ROE increased from 4.58% as of March 31, 2021, to 7.86% as of March 31, 2022, reflecting an enhancement in shareholder value.
- Nevertheless, the ROE declined slightly to 5.62% as of March 31, 2023, further dropping to 5.72% as of March 31, 2024, and finally turning negative at -0.83% as of March 31, 2025.
In summary, Monro Muffler Brake Inc's profitability ratios demonstrate varying trends in efficiency, capital utilization, and shareholder returns over the period analyzed.