Saia Inc (SAIA)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 12.87% | 48.33% | 51.97% | 46.11% | 38.62% |
| Operating profit margin | 15.02% | 15.98% | 16.87% | 14.64% | 9.91% |
| Pretax margin | 14.83% | 16.18% | 16.78% | 14.54% | 9.69% |
| Net profit margin | 11.28% | 12.32% | 12.81% | 11.06% | 7.60% |
Saia Inc's profitability ratios show a positive trend over the years, indicating improving efficiency in generating profits. The gross profit margin has experienced fluctuations but overall has increased from 38.62% in 2020 to 51.97% in 2022 before decreasing slightly to 48.33% in 2023. There was a sharp decline to 12.87% in 2024, signaling potential issues with cost management.
The operating profit margin also displays an upward trend, rising from 9.91% in 2020 to 16.87% in 2022, with a slight dip to 15.98% in 2023 and a further decrease to 15.02% in 2024. This reveals that the company has been efficient in controlling its operating expenses to generate profits.
Similarly, the pretax margin has shown positive growth, increasing from 9.69% in 2020 to 16.78% in 2022, before moderating to 16.18% in 2023, and falling to 14.83% in 2024. This implies that Saia Inc has managed its pre-tax earnings well in recent years.
The net profit margin, which reflects the final profit after all expenses are deducted, has also demonstrated an upward trajectory, climbing from 7.60% in 2020 to 12.81% in 2022, before dropping slightly to 12.32% in 2023 and then to 11.28% in 2024. This suggests that while the company has been profitable, there may be room for further improvement in managing bottom-line profitability.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 15.23% | 17.82% | 21.63% | 18.16% | 11.64% |
| Return on assets (ROA) | 11.43% | 13.74% | 16.44% | 13.72% | 8.93% |
| Return on total capital | 20.92% | 23.95% | 29.22% | 26.43% | 17.57% |
| Return on equity (ROE) | 15.67% | 18.28% | 22.63% | 20.75% | 14.39% |
Saia Inc's profitability ratios demonstrate a positive trend over the years, reflecting the company's ability to generate returns for its shareholders and efficiently utilize its assets.
- Operating return on assets (Operating ROA) has shown consistent improvement from 11.64% in 2020 to 21.63% in 2022, indicating that the company's operating activities have become more profitable and efficient.
- Return on assets (ROA) also exhibits growth, increasing from 8.93% in 2020 to 16.44% in 2022, before slightly declining to 11.43% in 2024. This suggests that Saia Inc has been able to generate more profit from its total assets.
- Return on total capital portrays a similar upward trajectory, rising from 17.57% in 2020 to 29.22% in 2022, showcasing the company's effective utilization of both equity and debt to generate returns.
- Return on equity (ROE) showcases a solid performance with a growth trend, increasing from 14.39% in 2020 to 22.63% in 2022, before declining slightly to 15.67% in 2024. This indicates that Saia Inc has been successful in generating profits for its shareholders relative to the equity invested.
Overall, the increasing profitability ratios suggest that Saia Inc has been consistently improving its operational efficiency and effectively managing its assets and capital to enhance shareholder value.