Regal Beloit Corporation (RRX)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 36.28% | 36.27% | 35.06% | 33.80% | 33.07% | 32.46% | 31.93% | 32.00% | 32.00% | 30.78% | 30.36% | 29.39% | 28.49% | 28.60% | 28.77% | 28.48% | 27.82% | 27.42% | 26.60% | 26.60% |
| Operating profit margin | 10.43% | 10.60% | 7.25% | 6.56% | 6.19% | 6.54% | 10.42% | 12.11% | 13.23% | 10.74% | 10.32% | 9.43% | 8.72% | 11.49% | 11.43% | 10.28% | 9.64% | 9.34% | 8.70% | 9.64% |
| Pretax margin | 4.11% | 4.59% | 1.21% | 0.35% | -0.03% | 0.60% | 5.69% | 8.89% | 11.76% | 9.83% | 9.34% | 8.40% | 7.47% | 10.23% | 10.49% | 9.28% | 8.62% | 8.14% | 7.31% | 8.22% |
| Net profit margin | 3.25% | 3.41% | -0.02% | -0.48% | -0.91% | -0.19% | 4.46% | 6.96% | 9.37% | 7.37% | 6.99% | 6.28% | 5.51% | 7.86% | 8.04% | 7.00% | 6.51% | 6.13% | 5.57% | 6.38% |
Based on the data provided for Regal Beloit Corporation, the profitability ratios show varied trends over the analyzed periods:
1. Gross Profit Margin: The gross profit margin has been steadily increasing from 26.60% in March 2020 to 36.28% in December 2024. This indicates that the company has been effectively managing its production costs and sales prices to improve profitability on its products.
2. Operating Profit Margin: The operating profit margin experienced fluctuations during the period, with a peak of 13.23% in December 2022 and a low of 6.19% in December 2023. This indicates that the company's operational efficiency and cost management have been inconsistent over time.
3. Pretax Margin: The pretax margin also shows volatility, with a significant drop from 10.49% in June 2021 to 0.35% in March 2024 before recovering slightly to 4.11% in December 2024. This suggests that the company's pre-tax profitability has been impacted by various factors, including operational performance and changes in tax expenses.
4. Net Profit Margin: The net profit margin follows a similar pattern to the pretax margin, with a notable decrease in profitability from 8.04% in June 2021 to -0.48% in March 2024, before improving to 3.25% in December 2024. This indicates that the company's bottom-line performance has been affected by factors beyond operational efficiency, such as interest expenses and non-operating income.
Overall, while the gross profit margin has shown a positive trend, the operating, pretax, and net profit margins have displayed greater volatility, suggesting that Regal Beloit Corporation may need to focus on improving operational efficiency and cost management to enhance overall profitability in the future.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.48% | 4.50% | 3.15% | 2.86% | 2.51% | 2.51% | 3.65% | 3.76% | 6.72% | 5.44% | 4.70% | 3.87% | 3.23% | 8.64% | 7.76% | 6.64% | 6.10% | 5.97% | 5.68% | 6.55% |
| Return on assets (ROA) | 1.40% | 1.45% | -0.01% | -0.21% | -0.37% | -0.07% | 1.56% | 2.16% | 4.76% | 3.73% | 3.18% | 2.58% | 2.04% | 5.91% | 5.46% | 4.52% | 4.13% | 3.92% | 3.64% | 4.34% |
| Return on total capital | 10.42% | 10.85% | 8.01% | 7.51% | 6.86% | 6.62% | 9.32% | 10.00% | 11.09% | 9.36% | 8.15% | 6.58% | 5.55% | 15.03% | 14.40% | 12.31% | 11.41% | 11.43% | 11.15% | 13.54% |
| Return on equity (ROE) | 3.13% | 3.26% | -0.02% | -0.51% | -0.90% | -0.18% | 3.87% | 5.57% | 7.65% | 6.23% | 5.29% | 4.23% | 3.33% | 9.84% | 9.78% | 8.09% | 7.44% | 7.25% | 6.91% | 8.76% |
Regal Beloit Corporation's profitability ratios have shown fluctuations over the given periods.
1. Operating Return on Assets (Operating ROA):
- The Operating ROA improved steadily from March 31, 2020 (6.55%) to a peak at September 30, 2021 (8.64%). However, there was a decline in profitability in the subsequent periods, falling to 4.48% by December 31, 2024.
2. Return on Assets (ROA):
- The ROA followed a similar trend, increasing to its highest point at June 30, 2021 (5.46%), before declining significantly to negative values by September 30, 2023. The ratio recovered slightly by December 31, 2024 but remained relatively low.
3. Return on Total Capital:
- Return on Total Capital also exhibited an upward trend, reaching its peak at June 30, 2021 (14.40%). Similar to ROA, the ratio decreased in the subsequent periods but recovered to 10.42% by December 31, 2024.
4. Return on Equity (ROE):
- ROE showed a pattern of improvement initially, peaking at September 30, 2021 (9.84%). However, it experienced a substantial decline, turning negative by September 30, 2023. The ratio bounced back slightly by December 31, 2024.
Overall, Regal Beloit Corporation's profitability ratios indicate volatility in performance, with periods of growth followed by declines. The company should focus on sustaining profitability and managing capital efficiency to enhance long-term financial health.