SPX Corp (SPXC)
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 | 17.29% | 23.80% | 30.27% | 36.68% | 35.86% | 35.54% | 34.99% | 34.81% | 35.41% | 34.98% | 32.71% | 30.04% | 27.46% | 27.04% | 27.94% | 29.19% | 29.22% | 28.66% | 27.49% | 21.33% |
| Operating profit margin | 12.96% | 7.94% | 7.02% | 5.75% | 3.49% | 6.50% | 5.41% | 4.85% | 6.04% | 8.43% | 8.16% | 7.76% | 7.85% | 8.29% | 8.75% | 9.33% | 7.55% | 7.55% | 6.62% | 5.08% |
| Pretax margin | 7.68% | 3.88% | 4.57% | 3.06% | 0.51% | 2.71% | 28.63% | 33.74% | 35.78% | 37.26% | 11.24% | 8.14% | 7.46% | 7.23% | 7.12% | 6.69% | 5.15% | 5.76% | 4.71% | 3.76% |
| Net profit margin | 5.25% | 1.85% | 3.38% | 2.03% | 0.01% | 2.45% | 27.85% | 33.08% | 34.88% | 36.57% | 10.68% | 7.57% | 6.87% | 6.38% | 6.29% | 5.78% | 4.33% | 5.24% | 4.26% | 3.59% |
SPX Corp's profitability ratios show fluctuations over the recent periods. The gross profit margin has been decreasing slightly, indicating a decline in the company's ability to generate profits from its core operations.
The operating profit margin has been somewhat volatile, with a significant decrease in the most recent quarter compared to the previous quarters. This suggests that the company's operating efficiency may have deteriorated recently.
The pretax margin has shown a notable increase in Jun 30, 2022 and Sep 30, 2022, but then declined in the subsequent periods. This indicates a fluctuating trend in the company's ability to generate profits before accounting for taxes.
The net profit margin has also demonstrated variability, with a sharp increase in the middle of 2022, followed by a decline in the most recent quarters. This implies fluctuations in the company's bottom line profitability after accounting for all expenses.
Overall, SPX Corp's profitability ratios suggest a mixed performance in recent periods, with some fluctuations in the ability to generate profits at different stages of the year. Further analysis and consideration of the underlying factors influencing these ratios may provide more insights into the company's financial health and performance.
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) | 9.10% | 5.41% | 4.54% | 4.42% | 2.64% | 3.62% | 2.82% | 2.34% | 2.80% | 4.12% | 4.37% | 4.61% | 4.85% | 5.66% | 5.96% | 6.45% | 5.26% | 5.53% | 4.83% | 4.58% |
| Return on assets (ROA) | 3.68% | 1.26% | 2.18% | 1.56% | 0.01% | 1.37% | 14.50% | 15.97% | 16.18% | 17.89% | 5.72% | 4.49% | 4.24% | 4.36% | 4.29% | 4.00% | 3.01% | 3.84% | 3.11% | 3.24% |
| Return on total capital | 13.28% | 7.45% | 7.37% | 5.05% | 1.56% | 4.34% | 35.06% | 38.51% | 40.77% | 43.82% | 21.85% | 19.18% | 19.67% | 22.38% | 23.44% | 23.90% | 19.32% | 23.59% | 21.46% | 22.54% |
| Return on equity (ROE) | 7.53% | 2.71% | 4.66% | 2.81% | 0.02% | 3.14% | 33.17% | 36.74% | 38.57% | 41.60% | 18.65% | 15.35% | 15.47% | 16.81% | 17.51% | 17.24% | 12.77% | 17.15% | 14.70% | 16.37% |
SPX Corp's profitability ratios show varying trends over the past few quarters.
- Operating return on assets (Operating ROA) has been fluctuating but generally improving, from 2.64% in Q4 2019 to 9.10% in Q4 2023. This indicates that the company is generating higher operating income relative to its total assets.
- Return on assets (ROA) shows a more erratic pattern, ranging from 0.01% to 17.89% over the same period. This suggests that the company's overall profitability relative to its total assets has been more volatile.
- Return on total capital has also been variable but trending upwards, with a significant increase from 1.56% in Q4 2019 to 43.82% in Q4 2023. This indicates that the company has been more effective in generating returns from both debt and equity capital.
- Return on equity (ROE) has shown a similar trend to return on total capital, increasing from 0.02% in Q4 2019 to 41.60% in Q4 2023. This demonstrates that the company has been increasingly efficient in generating returns for its equity shareholders.
Overall, SPX Corp's profitability ratios reflect a mix of improving performance and volatility, with a notable upward trend in returns on capital and equity over recent quarters.