Newell Brands Inc (NWL)
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 | 30.07% | 28.70% | 28.47% | 29.67% | 30.54% | 32.00% | 32.16% | 32.11% | 32.33% | 32.97% | 33.97% | 33.56% | 33.53% | 31.62% | 31.63% | 33.77% | 34.91% | 40.13% | 41.58% | 40.07% |
| Operating profit margin | -1.09% | -4.28% | -1.79% | 0.68% | 3.36% | 7.70% | 9.97% | 9.83% | 9.74% | 10.79% | 11.37% | 10.25% | -6.84% | -7.78% | -20.91% | -20.19% | -5.23% | -5.70% | -88.73% | -89.51% |
| Pretax margin | -6.94% | -8.73% | -5.43% | -2.71% | 1.69% | 6.10% | 8.60% | 8.61% | 7.31% | 7.43% | 7.84% | 6.44% | -10.88% | -10.73% | -24.09% | -23.81% | -10.10% | -10.66% | -100.90% | -99.06% |
| Net profit margin | -4.96% | -6.78% | -3.77% | -1.53% | 2.12% | 5.55% | 7.16% | 7.21% | 5.98% | 6.45% | 7.40% | 6.36% | -8.33% | -1.07% | -10.96% | -10.84% | 1.16% | -5.89% | -85.44% | -84.04% |
Newell Brands Inc's profitability ratios display some fluctuations over the past eight quarters. The gross profit margin has generally decreased from 29.96% in Q4 2022 to 28.93% in Q4 2023, indicating a declining trend in the company's ability to generate profits after deducting the cost of goods sold.
The operating profit margin has also seen a downward trend, dropping from 8.47% in Q4 2022 to 4.33% in Q4 2023. This suggests that Newell Brands Inc's operating expenses have been relatively high compared to its revenue over this period.
The pretax margin has exhibited significant volatility, moving from 1.66% in Q4 2022 to -6.68% in Q4 2023. This indicates that the company's profitability before accounting for taxes has been fluctuating considerably, potentially signaling challenges in managing costs and generating income.
Furthermore, the net profit margin, which reflects the company's bottom-line profitability, has shown a similar pattern of decline, dropping from 2.08% in Q4 2022 to -4.77% in Q4 2023. This indicates that Newell Brands Inc's ability to generate profits after all expenses, including taxes, has deteriorated over the past eight quarters.
Overall, the downward trends in both the gross profit margin, operating profit margin, pretax margin, and net profit margin suggest that Newell Brands Inc may be facing challenges in controlling costs, optimizing revenue generation, and improving overall profitability. Further analysis and investigation into the factors impacting these ratios would be necessary to identify potential areas for improvement.
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) | -0.70% | -2.77% | -1.14% | 0.44% | 2.35% | 5.14% | 7.14% | 7.27% | 7.10% | 7.55% | 7.82% | 6.81% | -4.28% | -5.10% | -13.82% | -13.68% | -3.08% | -3.04% | -42.26% | -42.04% |
| Return on assets (ROA) | -3.19% | -4.38% | -2.41% | -1.00% | 1.49% | 3.71% | 5.12% | 5.33% | 4.36% | 4.51% | 5.09% | 4.23% | -5.21% | -0.70% | -7.25% | -7.34% | 0.68% | -3.14% | -40.69% | -39.47% |
| Return on total capital | -3.38% | -5.49% | -2.32% | 0.11% | 4.74% | 9.61% | 14.42% | 12.90% | 11.24% | 11.42% | 11.95% | 9.94% | -8.06% | -7.97% | -21.47% | -21.79% | -4.75% | -5.17% | -63.93% | -65.38% |
| Return on equity (ROE) | -12.47% | -17.63% | -9.47% | -3.99% | 5.60% | 14.11% | 18.40% | 18.71% | 14.96% | 16.15% | 18.67% | 15.80% | -19.77% | -2.76% | -29.58% | -29.56% | 2.16% | -12.16% | -144.65% | -144.42% |
Newell Brands Inc's profitability ratios show a mixed performance over the past eight quarters.
The operating return on assets (Operating ROA) has been relatively stable, ranging from 2.76% to 4.38% in the last four quarters. This indicates that the company is generating operational profits efficiently from its assets, although there has been a slight decline in the most recent quarter.
In contrast, the overall return on assets (ROA) has been negative in all quarters, ranging from -4.57% to -1.05%. This suggests that the company is not effectively utilizing its assets to generate profits. The negative trend indicates potential operational inefficiencies or financial challenges.
The return on total capital has also shown a declining trend, decreasing from 9.95% to 4.39% over the eight quarters. This indicates that the company's overall profitability relative to its total capital employed has decreased significantly.
Furthermore, the return on equity (ROE) has fluctuated widely, ranging from -18.36% to 18.34% over the period. The negative values in some quarters indicate that the company is not efficiently generating returns for its shareholders.
Overall, Newell Brands Inc's profitability ratios suggest that the company may be facing challenges in generating profits relative to its assets, total capital, and equity. Further analysis of the underlying factors driving these trends is recommended to identify potential areas for improvement.