Monro Muffler Brake Inc (MNRO)
Profitability ratios
Return on sales
| Mar 31, 2024 | Dec 23, 2023 | Sep 23, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 35.95% | 35.40% | 35.00% | 34.95% | 34.92% | 34.57% | 34.93% | 35.51% | 36.08% | 36.92% | 36.69% | 36.34% | 35.99% | 36.22% | 37.29% | 37.65% | 38.82% | 39.42% | 39.52% | 39.90% |
| Operating profit margin | 5.68% | 5.34% | 5.46% | 5.52% | 6.11% | 6.43% | 6.67% | 7.40% | 7.59% | 8.43% | 7.88% | 7.44% | 6.58% | 4.82% | 6.04% | 6.63% | 8.28% | 10.55% | 10.65% | 10.90% |
| Pretax margin | 4.13% | 3.72% | 3.79% | 3.80% | 4.38% | 4.75% | 5.01% | 5.72% | 5.79% | 6.49% | 5.77% | 5.13% | 4.02% | 2.18% | 3.52% | 4.22% | 6.05% | 8.32% | 8.40% | 8.63% |
| Net profit margin | 2.99% | 2.72% | 2.75% | 2.76% | 2.99% | 3.57% | 3.80% | 4.34% | 4.61% | 4.94% | 4.40% | 3.94% | 3.13% | 1.74% | 2.76% | 3.32% | 4.73% | 6.40% | 6.63% | 6.85% |
Monro Muffler Brake Inc's profitability ratios show some fluctuation over the periods analyzed. The gross profit margin remained relatively stable around the mid-30% range, indicating moderate efficiency in generating revenue after accounting for the cost of goods sold.
The operating profit margin experienced some variability but generally remained within the 5-8% range, showing the company's ability to control operating expenses and generate profit from its core business activities.
The pretax margin also fluctuated but tended to hover around 4-6%, reflecting Monro Muffler Brake Inc's ability to manage its pre-tax earnings relative to its revenue.
The net profit margin showed some variability, with a general trend of decline over the periods analyzed. This indicates that after accounting for all expenses, including taxes, Monro Muffler Brake Inc's profitability at the net income level has been on a downward trajectory.
Overall, while the company has shown efficiency in generating gross profit and managing operating expenses, there may be room for improvement in preserving net profit margins and enhancing overall profitability.
Return on investment
| Mar 31, 2024 | Dec 23, 2023 | Sep 23, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.22% | 3.88% | 4.04% | 4.04% | 4.49% | 4.73% | 4.95% | 5.49% | 5.41% | 5.85% | 5.33% | 4.69% | 3.99% | 2.84% | 3.68% | 4.04% | 4.96% | 7.58% | 7.96% | 8.24% |
| Return on assets (ROA) | 2.22% | 1.98% | 2.04% | 2.02% | 2.20% | 2.63% | 2.82% | 3.21% | 3.29% | 3.43% | 2.98% | 2.49% | 1.89% | 1.02% | 1.68% | 2.02% | 2.83% | 4.59% | 4.95% | 5.18% |
| Return on total capital | 9.41% | 8.92% | 9.23% | 9.32% | 9.97% | 10.23% | 10.41% | 11.33% | 10.56% | 11.32% | 10.48% | 9.28% | 7.69% | 5.61% | 7.01% | 7.26% | 7.82% | 13.75% | 14.28% | 14.80% |
| Return on equity (ROE) | 5.72% | 5.20% | 5.02% | 5.09% | 5.62% | 6.74% | 7.00% | 7.58% | 7.86% | 8.29% | 7.14% | 6.20% | 4.58% | 2.55% | 4.20% | 5.26% | 7.90% | 10.53% | 10.94% | 11.37% |
The profitability ratios of Monro Muffler Brake Inc show a fluctuating trend over the disclosed periods.
Operating return on assets (Operating ROA) has shown a decreasing trend from 8.24% as of September 30, 2019, to 4.22% as of March 31, 2024. This decline indicates that the company's operating profit generated from its assets has been gradually decreasing over time.
Return on assets (ROA) has also exhibited a similar declining trend, decreasing from 5.18% as of September 30, 2019, to 2.22% as of March 31, 2024. This indicates a reduction in the company's overall profit generated from its assets.
Return on total capital has trended downwards as well, declining from 14.80% as of September 30, 2019, to 9.41% as of March 31, 2024. This indicates a decrease in the return on the total capital employed by the company, reflecting potential inefficiencies or challenges in generating returns for its capital providers.
Return on equity (ROE) has also shown a decreasing trend, dropping from 11.37% as of September 30, 2019, to 5.72% as of March 31, 2024. This declining trend in ROE suggests a diminishing return on the shareholders' equity invested in the company.
Overall, the profitability ratios of Monro Muffler Brake Inc indicate a declining trend in operational efficiency and profitability over the reviewed periods, reflecting potential challenges the company may be facing in generating returns for its assets, capital, and equity providers.