Resideo Technologies Inc (REZI)
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 27.38% | 27.44% | 27.37% | 27.48% | 28.00% | 27.92% | 28.41% | 28.03% | 27.26% | 27.38% | 27.05% | 26.44% | 25.96% | 24.75% | 24.18% | 24.99% | 25.87% | 26.41% | 27.24% |
| Operating profit margin | 8.83% | 8.02% | 8.67% | 9.07% | 9.69% | 10.51% | 10.95% | 10.23% | 9.66% | 9.77% | 9.34% | 7.70% | 6.15% | 4.75% | 3.37% | 4.21% | 5.23% | 5.94% | 7.36% |
| Pretax margin | 5.05% | 4.54% | 5.44% | 5.94% | 6.63% | 7.23% | 7.41% | 6.83% | 6.10% | 5.96% | 5.82% | 3.77% | 2.00% | -0.12% | -1.69% | -0.77% | 1.44% | 2.43% | 1.90% |
| Net profit margin | 3.39% | 2.69% | 3.33% | 3.98% | 4.49% | 5.00% | 5.19% | 4.77% | 4.18% | 4.01% | 4.21% | 2.02% | 0.73% | -0.64% | -2.08% | -0.67% | 0.73% | 1.25% | 7.45% |
Resideo Technologies Inc's profitability ratios have shown some fluctuations over the past eight quarters. The gross profit margin has remained relatively stable around the mid-to-high 27% range, indicating efficient production and cost management.
However, the operating profit margin has experienced some decline from Q4 2022 to Q4 2023, suggesting that the company's operating expenses may be increasing relative to sales.
Similarly, the pretax margin has also shown a decreasing trend over the same period, indicating that the company's profitability before taxes has been somewhat constrained.
The net profit margin, which reflects the company's overall profitability after all expenses have been deducted, has also decreased over the quarters from 4.96% in Q3 2022 to 2.67% in Q3 2023, rebounding slightly to 3.36% in Q4 2023. This declining trend may raise concerns about the overall profitability and efficiency of the company in generating profits for its shareholders.
Further analysis and investigation into the factors contributing to these fluctuations would be necessary to gain a deeper understanding of Resideo Technologies Inc's financial performance and viability.
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 8.23% | 7.71% | 8.32% | 9.02% | 9.57% | 10.44% | 10.54% | 9.62% | 9.55% | 9.77% | 9.35% | 7.30% | 5.54% | 4.38% | 3.08% | 3.92% | 5.03% | 5.67% | 6.98% |
| Return on assets (ROA) | 3.16% | 2.59% | 3.20% | 3.95% | 4.43% | 4.97% | 5.00% | 4.48% | 4.13% | 4.01% | 4.22% | 1.92% | 0.66% | -0.59% | -1.90% | -0.62% | 0.70% | 1.19% | 7.05% |
| Return on total capital | 13.20% | 12.32% | 12.26% | 12.28% | 12.36% | 13.16% | 13.12% | 11.85% | 11.55% | 11.80% | 11.74% | 8.02% | 5.21% | 2.22% | -0.42% | 1.16% | 5.07% | 6.87% | 5.36% |
| Return on equity (ROE) | 7.64% | 6.31% | 7.81% | 9.72% | 11.19% | 12.96% | 13.20% | 11.86% | 10.75% | 10.84% | 11.46% | 5.27% | 1.86% | -1.93% | -6.56% | -2.17% | 2.25% | 3.88% | 22.85% |
Resideo Technologies Inc's profitability ratios show a declining trend in the most recent quarters. The Operating Return on Assets (Operating ROA) has decreased gradually from 10.54% in Q2 2022 to 8.86% in Q4 2023. This indicates that the company's operating income generated from its assets has been declining.
Similarly, the Return on Assets (ROA) has shown a downward trend, falling from 4.97% in Q3 2022 to 3.16% in Q4 2023. This suggests that the overall profitability of Resideo in relation to its total assets has been decreasing.
The Return on Total Capital has also seen a decrease over the quarters, dropping from 14.61% in Q2 2022 to 12.01% in Q4 2023. This metric reflects the company's ability to generate returns from all capital invested in the business, including debt and equity.
Lastly, the Return on Equity (ROE) has followed a downward trajectory, declining from 13.20% in Q2 2022 to 7.64% in Q4 2023. This indicates a decreasing return on shareholder's equity over time.
Overall, the profitability ratios of Resideo Technologies Inc show a declining trend, indicating potential challenges in generating profits relative to the company's assets and capital. It is essential for the company to analyze the underlying reasons for this decline and implement strategic measures to improve its profitability in the future.