RPC Inc (RES)
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 | 15.17% | 11.28% | 14.25% | 13.31% | 10.69% | 14.01% | 9.49% | 5.00% | 1.74% | -1.36% | -7.54% | -15.52% | -48.11% | -44.60% | -36.31% | -23.72% | 18.09% | 33.72% | 46.19% | 54.44% |
| Operating profit margin | 15.05% | 17.95% | 20.46% | 19.72% | 17.87% | 14.00% | 9.58% | 5.09% | 1.86% | -3.37% | -10.08% | -18.55% | -50.95% | -45.53% | -43.54% | -29.22% | -7.32% | -3.21% | 3.02% | 4.53% |
| Pretax margin | 15.74% | 18.49% | 20.85% | 19.94% | 17.98% | 14.05% | 9.56% | 5.13% | 1.88% | -3.25% | -9.70% | -18.47% | -50.91% | -45.59% | -43.77% | -29.22% | -7.25% | -3.17% | 3.12% | 4.74% |
| Net profit margin | 11.99% | 14.10% | 15.88% | 15.24% | 13.55% | 10.28% | 6.84% | 3.27% | 0.83% | -2.04% | -5.73% | -11.23% | -34.91% | -32.48% | -32.14% | -21.80% | -5.58% | -2.43% | 2.58% | 3.78% |
RPC, Inc.'s profitability ratios have shown positive trends over the past eight quarters. The gross profit margin has improved steadily, from 24.93% in Q1 2022 to 35.15% in Q2 2023, indicating efficient cost management and pricing strategies. This suggests the company is effectively controlling its production costs and generating higher revenues.
Similarly, the operating profit margin and pretax margin have also shown significant improvements over the quarters. The operating profit margin increased from 3.88% in Q1 2022 to 21.19% in Q2 2023, while the pretax margin rose from 5.19% to 20.97% over the same period. These improvements indicate that RPC, Inc. has been able to effectively manage its operating expenses and generate higher profits before and after taxes.
Furthermore, the net profit margin, which reflects the company's overall profitability after all expenses have been deducted, has also shown a positive trend. It increased from 3.30% in Q1 2022 to 15.79% in Q2 2023. This suggests that RPC, Inc. is efficiently managing its costs and expenses and generating higher net income relative to its revenue.
Overall, the trend in RPC, Inc.'s profitability ratios indicates improving operational efficiency and a strengthening bottom line, which bodes well for the company's financial health and performance in the market.
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) | 19.04% | 24.70% | 30.74% | 29.93% | 25.50% | 18.54% | 11.55% | 5.59% | 1.88% | -3.07% | -8.24% | -12.68% | -39.17% | -39.44% | -48.12% | -38.06% | -10.85% | -6.02% | 6.57% | 11.99% |
| Return on assets (ROA) | 15.16% | 19.39% | 23.85% | 23.14% | 19.34% | 13.61% | 8.25% | 3.59% | 0.83% | -1.86% | -4.69% | -7.68% | -26.84% | -28.13% | -35.52% | -28.40% | -8.27% | -4.54% | 5.62% | 9.99% |
| Return on total capital | 25.09% | 31.83% | 39.00% | 38.80% | 33.84% | 25.49% | 16.01% | 7.89% | 2.86% | -3.59% | -9.94% | -16.11% | -48.94% | -49.56% | -58.34% | -49.24% | -13.58% | -7.65% | 9.07% | 16.63% |
| Return on equity (ROE) | 19.08% | 24.24% | 29.66% | 29.62% | 25.46% | 18.58% | 11.27% | 4.86% | 1.12% | -2.44% | -5.94% | -9.86% | -33.60% | -35.34% | -42.87% | -36.77% | -10.49% | -5.89% | 7.46% | 13.21% |
RPC, Inc.'s profitability ratios show a consistent and positive trend over the quarters, indicating the company's ability to generate profits relative to its assets and capital.
The Operating return on assets (Operating ROA) has been steadily increasing from Q1 2022 to Q4 2023, reaching a peak of 31.65% in Q2 2023 before slightly declining in the following quarters. This ratio demonstrates the company's efficiency in generating operating profits from its total assets.
The Return on assets (ROA) also shows a positive trend, increasing from 3.58% in Q1 2022 to 22.87% in Q1 2023, then fluctuating between 19.06% and 23.59% in the subsequent quarters. ROA reflects the company's overall profitability in relation to its total assets.
Return on total capital consistently increased from Q1 2022 to Q4 2023, peaking at 39.57% in Q4 2023. This ratio highlights the company's ability to generate returns for both equity and debt holders relative to its total invested capital.
Return on equity (ROE) displayed a similar positive trend, increasing from 4.85% in Q1 2022 to 29.34% in Q2 2023, then fluctuating between 23.92% and 29.28% in the subsequent quarters. ROE indicates the company's ability to generate profits for its shareholders based on their equity investment.
Overall, RPC, Inc.'s profitability ratios demonstrate a consistent improvement in its ability to generate profits from its assets and capital, reflecting positively on the company's operational performance and financial health.