Schneider National Inc (SNDR)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 55.06% | 61.89% | 64.38% | 60.20% | 25.92% |
| Operating profit margin | 5.39% | 9.09% | 9.52% | 6.30% | 4.38% |
| Pretax margin | 5.57% | 9.15% | 9.66% | 6.21% | 4.17% |
| Net profit margin | 4.34% | 6.93% | 7.23% | 4.65% | 3.10% |
Schneider National Inc's profitability ratios have shown fluctuations over the past five years.
- Gross Profit Margin: The company's gross profit margin has been relatively high, ranging from 25.92% in 2019 to 64.38% in 2021. However, there was a noticeable decrease in 2023 to 55.06% compared to the previous years. This may indicate changes in the cost of goods sold or pricing strategies.
- Operating Profit Margin: Schneider National Inc's operating profit margin has also varied, with the highest margin recorded in 2022 at 9.09%. This ratio dropped to 5.39% in 2023, suggesting potentially higher operating expenses impacting profitability.
- Pretax Margin: The pretax margin has exhibited a similar trend to the operating profit margin, peaking in 2022 at 9.15% and then declining to 5.57% in 2023. This decrease may suggest changes in pre-tax earnings relative to revenue.
- Net Profit Margin: The net profit margin has seen fluctuations with a high of 7.23% in 2021 and a low of 3.10% in 2019. For 2023, the net profit margin decreased to 4.34%. This ratio reflects the company's profitability after all expenses, including taxes, have been accounted for.
Overall, Schneider National Inc's profitability ratios demonstrate variability over the years, indicating potential shifts in the company's cost structure, revenue generation, and overall operational efficiency. Further analysis would be required to understand the underlying reasons for these fluctuations and their impacts on the company's financial performance.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.50% | 13.90% | 13.55% | 8.15% | 5.68% |
| Return on assets (ROA) | 5.23% | 10.60% | 10.30% | 6.02% | 4.02% |
| Return on total capital | 10.18% | 20.64% | 22.88% | 14.42% | 8.45% |
| Return on equity (ROE) | 8.07% | 16.14% | 16.73% | 10.30% | 6.57% |
Schneider National Inc's profitability ratios have shown a consistent trend of improvement over the past five years. The operating return on assets (Operating ROA) decreased from 13.90% in 2022 to 6.50% in 2023 but generally remained at healthy levels, indicating the company's ability to generate operating income from its assets. However, the return on assets (ROA) also decreased from 10.60% in 2022 to 5.23% in 2023, reflecting lower overall profitability compared to the previous year.
The return on total capital and return on equity (ROE) ratios followed a similar pattern of improvement, with both ratios consistently increasing from 2019 to 2023. The return on total capital increased from 8.45% in 2019 to 10.18% in 2023, indicating the company's efficient use of both debt and equity to generate profits. Similarly, the ROE increased from 6.57% in 2019 to 8.07% in 2023, reflecting the company's ability to generate returns for its shareholders.
Overall, Schneider National Inc's profitability ratios demonstrate a positive trend of improved performance and efficiency in generating profits over the past five years, despite a slight decrease in some ratios in 2023 compared to the previous year.