Perdoceo Education Corp (PRDO)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 27.36% | 17.28% | 17.45% | 16.47% | 9.74% |
| Operating profit margin | 20.55% | 18.63% | 21.49% | 20.73% | 13.69% |
| Pretax margin | 26.24% | 19.29% | 21.50% | 21.28% | 14.63% |
| Net profit margin | 20.17% | 13.78% | 15.81% | 18.02% | 11.08% |
Perdoceo Education Corporation has shown consistent and impressive gross profit margins of 100% over the past five years, indicating the company's ability to effectively manage its cost of goods sold.
In terms of operating efficiency, the company has demonstrated a gradually improving trend in operating profit margins, increasing from 13.77% in 2019 to 23.20% in 2023. This improvement suggests that Perdoceo Education Corporation has been successful in controlling its operating expenses and generating higher profits from its core business operations.
The pretax margin, which represents the proportion of revenue that translates into profits before taxes, has also shown a positive trend, increasing from 14.82% in 2019 to 27.06% in 2023. This indicates that the company has been able to efficiently manage its tax expenses and generate higher earnings before taxes.
In terms of net profitability, Perdoceo Education Corporation has shown steady improvement in net profit margins over the years, with the margin increasing from 11.15% in 2019 to 20.80% in 2023. This indicates that the company has been effective in managing its overall expenses, including interest and taxes, to generate higher net profits.
Overall, the profitability ratios of Perdoceo Education Corporation reflect a positive trend, with consistent improvement in operating efficiency and profitability over the five-year period, demonstrating the company's strong financial performance and effective management of its operations.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 14.94% | 13.54% | 17.58% | 19.81% | 14.43% |
| Return on assets (ROA) | 14.66% | 10.01% | 12.94% | 17.22% | 11.68% |
| Return on total capital | 22.88% | 18.55% | 23.07% | 26.43% | 21.46% |
| Return on equity (ROE) | 17.55% | 13.21% | 16.86% | 22.35% | 16.23% |
Perdoceo Education Corporation's profitability ratios have shown fluctuating trends over the past five years.
- Operating return on assets (Operating ROA) has shown a general increasing trend from 14.43% in 2019 to 16.35% in 2023, indicating that the company's operational efficiency in generating profits from its assets has improved over time.
- Return on assets (ROA) has shown some volatility, with a peak of 17.22% in 2020 and a low of 10.01% in 2022. The ratio stood at 14.66% in 2023, suggesting that the company is generating a moderate level of overall profitability relative to its total assets.
- Return on total capital has fluctuated over the past five years, with a peak of 25.82% in 2020 and a low of 18.27% in 2022. The ratio was 19.58% in 2023, indicating the company's ability to generate profits from both equity and debt investments.
- Return on equity (ROE) has also shown variability, with a high of 22.35% in 2020 and a low of 13.21% in 2022. The ratio stood at 17.55% in 2023, suggesting that the company is effectively utilizing shareholders' equity to generate profits.
Overall, while Perdoceo Education Corporation's profitability ratios have varied over the years, the company has demonstrated a relatively strong ability to generate returns for its shareholders and efficiently utilize its assets and capital to drive profitability.