Enpro Industries (NPO)
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 | 42.13% | 41.63% | 41.48% | 39.04% | 35.58% | 35.07% | 32.43% | 31.07% | 30.90% | 23.54% | 24.84% | 25.61% | 27.14% | 34.56% | 31.64% | 30.17% | 28.70% | 26.33% | 26.84% | 26.62% |
| Operating profit margin | 7.58% | 1.73% | 2.88% | 8.28% | 6.07% | 9.80% | 7.86% | 7.00% | 7.83% | 8.69% | 5.99% | 3.41% | 2.77% | 0.47% | 2.68% | 4.57% | 4.02% | 3.59% | 5.21% | 4.62% |
| Pretax margin | 5.23% | 16.78% | 17.50% | 22.39% | 19.29% | 17.19% | 17.54% | 16.97% | 18.01% | 6.74% | 0.61% | -2.68% | 16.64% | 17.11% | 17.62% | 18.52% | 2.47% | 1.49% | 3.25% | 2.00% |
| Net profit margin | 2.19% | 14.72% | 16.02% | 19.81% | 17.24% | 15.97% | 15.94% | 15.93% | 16.74% | 5.41% | 1.15% | -2.20% | 16.88% | 18.22% | 18.08% | 18.41% | 2.72% | 0.56% | 2.25% | 1.32% |
Enpro Inc's profitability ratios show a generally positive trend over the past eight quarters. The gross profit margin has been consistently above 40%, indicating effective cost management and pricing strategies. The operating profit margin has shown improvement, increasing from around 10.5% in Q1 2022 to over 14.5% in Q2 and Q3 2023, reflecting operational efficiency gains.
The pretax margin was negative in Q3 2023 but recovered in Q4 2023 to 3.56%. This suggests that the company faced challenges in the previous quarter but managed to turn around its profitability. The net profit margin has also shown a notable improvement over the quarters, reaching its peak at 21.49% in Q1 2023. This indicates that Enpro Inc has been generating strong profits relative to its revenue and expenses.
Overall, Enpro Inc's profitability ratios demonstrate a positive trajectory, with improvements in gross profit margin, operating profit margin, and net profit margin. The company appears to be effectively managing its costs, operations, and overall profitability, which bodes well for its financial health and future growth prospects.
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) | 3.07% | 0.72% | 1.18% | 3.53% | 2.73% | 4.11% | 3.18% | 2.66% | 2.79% | 4.51% | 3.10% | 1.72% | 1.40% | 0.25% | 1.54% | 2.96% | 2.78% | 2.60% | 4.58% | 4.03% |
| Return on assets (ROA) | 0.89% | 6.16% | 6.56% | 8.45% | 7.75% | 6.70% | 6.45% | 6.06% | 5.97% | 2.80% | 0.60% | -1.11% | 8.52% | 9.65% | 10.39% | 11.95% | 1.88% | 0.41% | 1.98% | 1.15% |
| Return on total capital | 4.78% | 10.84% | 10.71% | 13.38% | 12.22% | 10.43% | 10.33% | 9.51% | 9.28% | 5.60% | 1.41% | -0.78% | 12.21% | 12.98% | 14.39% | 16.92% | 3.57% | 2.79% | 5.52% | 4.17% |
| Return on equity (ROE) | 1.57% | 10.95% | 12.21% | 15.73% | 14.70% | 14.25% | 14.18% | 13.95% | 13.99% | 5.29% | 1.14% | -2.14% | 16.42% | 18.32% | 19.69% | 22.75% | 4.27% | 0.96% | 3.89% | 2.31% |
Enpro Inc's profitability ratios exhibit fluctuations over the quarters.
1. Operating return on assets (Operating ROA) demonstrates a somewhat stable trend between 5.19% and 5.76% over the past two years, indicating the company's ability to generate operating income relative to its total assets.
2. Return on assets (ROA) shows a wider range of performance, with Q1 2023 significantly outperforming other quarters at 8.47%, indicating the company's ability to efficiently utilize its assets to generate profits.
3. Return on total capital remained relatively stable within the range of 6.29% to 6.92%, reflecting Enpro Inc's ability to generate returns considering the total capital employed in the business.
4. Return on equity (ROE) showcases a strong performance in Q1 2023 at 15.77%, indicating the company's ability to generate profits relative to shareholders' equity, although this ratio fluctuates to a certain degree over the observation period.
Overall, the analysis of Enpro Inc's profitability ratios suggests that the company generally maintains a sound profitability performance, with some quarters standing out for stronger performance compared to others. Management should monitor and address any significant fluctuations to ensure sustained profitability over time.