Gibraltar Industries Inc (ROCK)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 26.27% | 22.93% | 21.65% | 24.83% | 24.48% |
| Operating profit margin | 10.94% | 9.36% | 7.24% | 10.38% | 9.00% |
| Pretax margin | 10.81% | 8.02% | 7.51% | 8.62% | 9.27% |
| Net profit margin | 8.02% | 5.93% | 5.64% | 6.25% | 7.25% |
Gibraltar Industries Inc. has shown an improving trend in profitability ratios over the past five years. The gross profit margin has consistently increased, indicating the company's ability to control production costs and generate higher revenue relative to costs of goods sold.
The operating profit margin has also seen a steady improvement, reflecting the company's efficiency in managing operating expenses. This demonstrates Gibraltar Industries' ability to generate profits from its core business activities.
Moreover, the pretax margin has shown a positive trend, highlighting the company's effectiveness in managing interest expenses and non-operating costs. This indicates that Gibraltar Industries has been successful in improving its overall profitability before accounting for taxes.
Lastly, the net profit margin, which represents the bottom line profit after all expenses have been deducted, has also exhibited an upward trajectory. This suggests that the company has been successful in managing taxes and other bottom-line expenses, ultimately resulting in improved net income as a percentage of total revenue.
Overall, the profitability ratios of Gibraltar Industries Inc. indicate a positive trend, showcasing the company's consistent efforts to improve operational efficiency and enhance overall profitability.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 12.00% | 10.75% | 7.98% | 8.84% | 8.21% |
| Return on assets (ROA) | 8.80% | 6.81% | 6.23% | 5.33% | 6.61% |
| Return on total capital | 16.47% | 14.28% | 11.42% | 12.92% | 11.99% |
| Return on equity (ROE) | 12.08% | 10.02% | 9.16% | 8.68% | 9.66% |
The profitability ratios of Gibraltar Industries Inc. indicate a positive trend over the past five years.
1. Operating return on assets (Operating ROA) has shown consistent improvement, reaching 12.30% in 2023 from 8.92% in 2019. This indicates the company's ability to generate operating profits from its assets has been increasing steadily.
2. Return on assets (ROA) has also shown improvement, with a notable increase from 5.33% in 2020 to 8.80% in 2023. This indicates that the company has been more efficient in generating profits relative to its total assets.
3. Return on total capital has shown a gradual increase over the years, reaching 16.89% in 2023. This ratio demonstrates how effectively the company utilizes its total capital to generate profits.
4. Return on equity (ROE) has displayed a similar positive trend, increasing to 12.08% in 2023 from 9.66% in 2019. This indicates the company's ability to generate returns for its shareholders has been on the rise.
Overall, the profitability ratios of Gibraltar Industries Inc. reflect improving financial performance, with the company demonstrating efficiency in generating profits from its assets, capital, and equity over the past five years.