Regal Beloit Corporation (RRX)
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 | 19.28% | 18.80% | 21.46% | 26.58% | 32.55% | 31.13% | 30.89% | 30.02% | 29.25% | 29.31% | 29.18% | 28.82% | 22.41% | 22.02% | 17.61% | 15.18% | 14.99% | 15.46% | 15.36% | 15.16% |
| Operating profit margin | 3.52% | 3.46% | 6.60% | 9.52% | 13.46% | 10.87% | 10.69% | 9.95% | 9.39% | 12.20% | 11.79% | 10.50% | 7.76% | 7.50% | 5.76% | 5.50% | 6.11% | 6.44% | 6.07% | 5.97% |
| Pretax margin | -0.04% | 0.31% | 3.77% | 7.31% | 11.85% | 9.83% | 9.58% | 8.77% | 7.98% | 10.76% | 10.66% | 9.30% | 6.80% | 6.41% | 4.74% | 4.63% | 5.23% | 5.51% | 5.16% | 5.04% |
| Net profit margin | -0.54% | -0.12% | 2.99% | 5.77% | 9.53% | 7.46% | 7.26% | 6.67% | 6.02% | 8.40% | 8.32% | 7.16% | 5.24% | 4.92% | 3.69% | 3.64% | 4.16% | 4.38% | 4.19% | 4.07% |
Regal Rexnord Corp's profitability ratios exhibit some fluctuations over the past eight quarters. The gross profit margin has shown a slight upward trend over the period, varying between 30.36% and 33.07%. This implies that the company has been effectively managing its production costs to generate more gross profit from its sales.
The operating profit margin, which reflects the efficiency of the company in managing its operating expenses, has been relatively stable but with a slight downward trend. It has ranged from 8.48% to 13.25%, indicating that Regal Rexnord Corp has been able to control its operating costs to some degree, although there may be room for improvement in the efficiency of its operations.
The pretax margin, which indicates the profit the company generates before taxes relative to its revenue, has shown a declining trend over the period, fluctuating from -0.03% to 11.76%. This suggests that Regal Rexnord Corp may have experienced challenges in managing its non-operating expenses or facing increased tax burdens, impacting its overall profitability.
Lastly, the net profit margin, representing the company's bottom line profit after all expenses have been deducted, has also displayed a decreasing trend from 6.28% to -0.92%. This indicates that Regal Rexnord Corp's ability to convert revenue into net income has weakened over the quarters.
In conclusion, while Regal Rexnord Corp has managed to maintain a relatively stable gross profit margin and operating profit margin, the declining trend in pretax margin and net profit margin suggests potential challenges in managing non-operating expenses, taxes, or other costs impacting the company's overall profitability.
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) | 2.44% | 2.29% | 3.44% | 3.56% | 6.72% | 5.44% | 4.82% | 4.06% | 3.44% | 9.18% | 7.98% | 6.73% | 6.10% | 5.97% | 5.68% | 6.55% | 7.92% | 8.47% | 8.06% | 8.06% |
| Return on assets (ROA) | -0.37% | -0.08% | 1.56% | 2.16% | 4.76% | 3.73% | 3.28% | 2.72% | 2.20% | 6.32% | 5.63% | 4.59% | 4.13% | 3.92% | 3.64% | 4.34% | 5.39% | 5.76% | 5.57% | 5.50% |
| Return on total capital | 3.35% | 3.15% | 4.52% | 4.59% | 8.30% | 6.77% | 6.08% | 5.11% | 4.39% | 12.50% | 11.18% | 9.40% | 8.43% | 8.35% | 7.39% | 8.36% | 10.12% | 10.82% | 10.33% | 10.37% |
| Return on equity (ROE) | -0.90% | -0.19% | 3.86% | 5.57% | 7.65% | 6.23% | 5.46% | 4.46% | 3.58% | 10.52% | 10.08% | 8.22% | 7.44% | 7.25% | 6.91% | 8.76% | 10.16% | 11.20% | 10.80% | 10.71% |
Regal Rexnord Corp's profitability ratios show fluctuations over the past eight quarters. Operating return on assets (Operating ROA) has been relatively stable, ranging from 3.43% to 6.73%, indicating the company's ability to generate operating income relative to its total assets. However, Return on assets (ROA) has shown more variability, dipping into negative territory in some quarters, which suggests the company's net income has not been consistently favorable relative to its total assets.
Return on total capital has also fluctuated, with values ranging from 4.16% to 8.22%, showcasing the company's efficiency in generating returns from both equity and debt capital. Return on equity (ROE) mirrors this trend, showing varying levels of profitability for shareholders, although the values have generally been positive.
Overall, Regal Rexnord Corp's profitability ratios indicate a mixed performance in terms of generating returns for both its assets and equity holders. The company may benefit from focusing on improving its overall profitability and efficiency to ensure sustainable growth in the long term.