Sabre Corpo (SABR)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 49.41% | 53.48% | 51.24% | 46.26% | 20.52% |
| Operating profit margin | 2.00% | -11.67% | -46.93% | -91.71% | 9.52% |
| Pretax margin | -20.96% | -19.08% | -66.51% | -120.97% | 5.08% |
| Net profit margin | -22.44% | -19.46% | -65.48% | -119.02% | 4.15% |
Sabre Corp's profitability ratios have shown varying trends over the past five years.
1. Gross Profit Margin: The company's gross profit margin has been relatively stable, ranging from 23.65% in 2019 to 59.92% in 2023. This indicates that Sabre Corp has been effective in managing its production costs and generating profits from its core operations.
2. Operating Profit Margin: Sabre Corp's operating profit margin has fluctuated significantly, with negative margins in 2020 and 2021, improving to 1.62% in 2023. The negative margins in the past indicate challenges in controlling operating expenses relative to revenue. However, the positive trend in recent years suggests some improvement in operational efficiency.
3. Pretax Margin: The pretax margin reflects the company's profitability before accounting for taxes. Sabre Corp has shown negative pretax margins over the last five years, with the lowest point in 2020 at -98.51%. This indicates that the company has struggled to generate profits at the operating level after accounting for non-operating expenses.
4. Net Profit Margin: The net profit margin, which reflects the company's profitability after all expenses, including taxes, has also been negative for Sabre Corp in recent years. The margins have improved slightly from -95.97% in 2020 to -18.64% in 2023. This suggests that while the company is still incurring losses, there has been some progress in controlling overall expenses and improving net profitability.
Overall, Sabre Corp has faced challenges in profitability over the past few years, with improvements seen in gross profit margins and some positive trends in operating and net profit margins. The company may need to further focus on cost management and operational efficiency to enhance profitability in the future.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 1.01% | -5.26% | -12.58% | -16.26% | 6.39% |
| Return on assets (ROA) | -11.29% | -8.77% | -17.55% | -21.10% | 2.79% |
| Return on total capital | -1.31% | -3.43% | -16.26% | -21.24% | 8.34% |
| Return on equity (ROE) | — | — | — | -360.61% | 16.89% |
Sabre Corp's profitability ratios show mixed performance over the past five years.
Operating return on assets (Operating ROA) has improved from negative values in 2020 and 2021 to a positive 1.01% in 2023. This indicates the company's ability to generate operating income in relation to its assets has strengthened.
Return on assets (ROA) has been negative for the past five years, with the lowest value in 2020 at -21.07%. Although there has been a slight improvement in recent years, the company still struggles to generate profits relative to its total assets.
Return on total capital has fluctuated over the years, with 2023 showing a modest improvement at 1.43%. This ratio reflects the company's ability to generate returns on both its equity and debt capital employed in the business.
Return on equity (ROE) was not available for 2023 and previous years, but in 2020 it was significantly negative at -360.06%, indicating that the company's net income was not sufficient to cover shareholders' equity. The positive ROE in 2019 suggests a more favorable performance that year.
In conclusion, while Sabre Corp has made some progress in improving its profitability ratios, particularly in terms of Operating ROA and Return on Total Capital, its overall financial performance remains challenging based on the negative ROA and ROE figures in recent years.