Par Pacific Holdings Inc (PARR)
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 | 14.64% | 13.59% | 14.93% | 15.61% | 10.95% | 10.42% | 8.37% | 4.43% | 4.90% | 20.65% | 21.28% | 28.71% | 23.36% | 37.31% | 32.02% | 28.19% | 51.91% | 46.73% | 69.99% | 98.70% |
| Operating profit margin | 8.32% | 7.76% | 9.51% | 10.79% | 6.03% | 5.35% | 2.91% | -1.65% | -0.16% | -3.57% | -6.95% | -6.58% | -10.35% | -3.84% | -2.88% | -1.02% | 2.77% | 2.26% | 2.20% | 1.99% |
| Pretax margin | 7.50% | 6.80% | 8.54% | 9.74% | 5.02% | 4.27% | 1.72% | -3.05% | -1.73% | -5.39% | -9.15% | -9.12% | -13.99% | -7.01% | -7.51% | -4.96% | -0.54% | -1.04% | 0.70% | 0.55% |
| Net profit margin | 8.91% | 6.72% | 8.51% | 9.72% | 5.01% | 4.26% | 1.70% | -3.06% | -1.75% | -5.42% | -9.18% | -9.03% | -13.32% | -6.44% | -6.97% | -4.53% | 0.76% | 0.40% | 2.24% | 2.25% |
The profitability ratios of Par Pacific Holdings Inc show fluctuating trends over the past eight quarters. The gross profit margin has displayed variability, with an increasing trend from Q1 2022 to Q1 2023, indicating an improvement in the company's ability to generate revenue after accounting for direct production costs. The operating profit margin has also shown an upward trend over the same period, reflecting enhanced efficiency in managing operating expenses to generate profits.
The pretax margin and net profit margin have demonstrated similar patterns of improvement from Q1 2022 to Q1 2023, with significant increases in both metrics. This highlights the company's ability to control costs, optimize operations, and generate higher profits before and after accounting for taxes. Overall, the consistent improvement in profitability margins indicates that Par Pacific Holdings Inc has been successful in enhancing its overall profitability and operational efficiency over the analyzed period.
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) | 17.60% | 15.57% | 19.19% | 24.66% | 13.35% | 11.61% | 5.38% | -2.88% | -0.30% | -5.77% | -9.53% | -7.25% | -14.90% | -6.35% | -5.78% | -2.55% | 5.48% | 4.10% | 3.57% | 2.86% |
| Return on assets (ROA) | 18.86% | 13.48% | 17.18% | 22.21% | 11.10% | 9.25% | 3.14% | -5.35% | -3.16% | -8.78% | -12.57% | -9.95% | -19.17% | -10.64% | -13.99% | -11.33% | 1.51% | 0.73% | 3.64% | 3.22% |
| Return on total capital | 34.60% | 37.38% | 45.99% | 57.00% | 38.03% | 34.04% | 21.42% | -12.93% | -1.68% | -18.73% | -33.71% | -20.81% | -40.18% | -18.73% | -25.28% | -18.58% | 3.68% | 1.44% | 7.00% | 5.56% |
| Return on equity (ROE) | 54.56% | 48.92% | 67.44% | 83.24% | 56.50% | 52.58% | 36.58% | -123.99% | -30.60% | -87.30% | -187.03% | -90.19% | -166.11% | -63.62% | -79.33% | -56.37% | 6.30% | 3.32% | 14.76% | 13.96% |
Over the past eight quarters, Par Pacific Holdings Inc has shown consistently strong profitability ratios.
The operating return on assets (Operating ROA) has steadily improved, starting at 13.45% in Q4 2022 and reaching a high of 25.00% in Q1 2023, indicating the company's ability to generate operating income from its total assets.
The return on assets (ROA) also demonstrates an upward trend, with Q1 2023 showing the highest value of 22.21%, reflecting the company's ability to generate profits relative to its total assets.
Return on total capital has also shown an increasing trend, peaking at 36.62% in Q1 2023, indicating that the company effectively utilizes both debt and equity to generate profits.
Return on equity (ROE) has exhibited significant volatility, with a sharp decline in Q1 2022 to -123.99%, likely due to operational or financial challenges that negatively impacted shareholder equity. However, the company managed to recover and achieve strong ROE figures in subsequent quarters, with Q1 2023 reaching 83.24%.
Overall, the profitability ratios of Par Pacific Holdings Inc indicate strong operational efficiency and effective utilization of assets and capital to generate profits for the company and its shareholders.