PriceSmart Inc (PSMT)
Profitability ratios
Return on sales
| Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 87.25% | 87.10% | 87.13% | 87.23% | 87.35% | 87.45% | 87.38% | 87.16% | 86.82% | 86.62% | 86.55% | 70.77% | 70.53% | 70.56% | 70.19% | 70.32% | 70.22% | 70.08% | 69.90% | 70.08% |
| Operating profit margin | 4.24% | 4.16% | 4.20% | 4.45% | 4.29% | 4.26% | 4.11% | 4.06% | 4.26% | 4.29% | 4.37% | 4.39% | 4.16% | 4.01% | 3.68% | 3.78% | 3.73% | 3.72% | 3.57% | 3.45% |
| Pretax margin | 3.98% | 3.91% | 3.85% | 4.04% | 3.80% | 3.85% | 3.85% | 3.82% | 4.05% | 4.09% | 4.06% | 4.11% | 3.87% | 3.77% | 3.48% | 3.60% | 3.64% | 3.62% | 3.44% | 3.30% |
| Net profit margin | 2.63% | 2.54% | 2.49% | 2.72% | 2.52% | 2.58% | 2.57% | 2.55% | 2.72% | 2.71% | 2.71% | 2.80% | 2.59% | 2.54% | 2.35% | 2.37% | 2.42% | 2.40% | 2.27% | 2.23% |
PriceSmart Inc has shown relatively stable gross profit margins over the past few periods, ranging from 86.82% to 87.45%. This indicates the company has been efficient in managing its cost of goods sold.
In terms of operating profitability, the company has maintained a consistent operating profit margin between 4.06% and 4.45%. This suggests that PriceSmart has been effective in controlling its operating expenses and generating profit from its core business operations.
Similarly, the pretax margin has also been relatively steady, ranging from 3.82% to 4.11%, indicating that the company has been successful in managing its taxes and other non-operating expenses.
However, the net profit margin has shown more variability, ranging from 2.23% to 2.80%. This metric reflects the company's overall profitability after all expenses have been accounted for, including taxes and interest. PriceSmart may want to further analyze the factors contributing to the fluctuations in its net profit margin to ensure sustainable and consistent profitability.
Return on investment
| Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 9.67% | 9.23% | 9.20% | 9.90% | 9.65% | 9.35% | 9.24% | 8.96% | 9.18% | 8.91% | 9.26% | 9.47% | 8.74% | 8.12% | 7.39% | 7.97% | 8.24% | 7.95% | 8.88% | 8.75% |
| Return on assets (ROA) | 6.00% | 5.63% | 5.44% | 6.06% | 5.66% | 5.66% | 5.78% | 5.62% | 5.86% | 5.63% | 5.74% | 6.04% | 5.44% | 5.13% | 4.71% | 5.00% | 5.35% | 5.14% | 5.65% | 5.67% |
| Return on total capital | 16.43% | 15.83% | 14.69% | 15.23% | 14.74% | 14.86% | 15.17% | 14.80% | 15.05% | 15.07% | 15.03% | 15.31% | 14.48% | 14.05% | 13.08% | 13.41% | 13.41% | 13.28% | 13.32% | 12.96% |
| Return on equity (ROE) | 11.18% | 10.57% | 9.86% | 10.75% | 10.23% | 10.42% | 10.55% | 10.40% | 10.90% | 10.69% | 10.70% | 10.97% | 10.15% | 9.94% | 9.39% | 9.61% | 9.79% | 9.59% | 9.18% | 9.19% |
PriceSmart Inc's profitability ratios have shown a generally positive trend over the past several periods.
- Operating ROA has been consistently above 9%, indicating that the company generates a strong return from its core operations in relation to its total assets.
- ROA, reflecting the overall profitability of the company, has also been steadily increasing, reaching 6% in the most recent period.
- Return on total capital and ROE, which both take into account the company's capital structure, have also shown improvement over time, with Return on total capital reaching 16.43% and ROE at 11.18% in the latest period.
Overall, PriceSmart Inc's profitability ratios suggest that the company has been effectively utilizing its assets and capital to generate profits, demonstrating a positive trend in its financial performance.