Simpson Manufacturing Company Inc (SSD)
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 | 47.28% | 47.03% | 45.82% | 44.61% | 44.68% | 45.71% | 47.04% | 48.39% | 48.19% | 47.08% | 46.40% | 45.83% | 45.56% | 45.29% | 44.37% | 43.81% | 43.09% | 42.74% | 43.38% | 43.87% |
| Operating profit margin | 21.52% | 22.15% | 21.62% | 21.11% | 21.79% | 23.24% | 23.99% | 24.73% | 23.48% | 21.46% | 21.30% | 20.42% | 19.95% | 20.08% | 18.44% | 17.18% | 15.87% | 14.55% | 14.77% | 15.44% |
| Pretax margin | 21.59% | 22.06% | 21.31% | 20.57% | 21.27% | 22.54% | 23.44% | 24.27% | 22.89% | 21.13% | 20.98% | 20.27% | 19.73% | 19.78% | 18.03% | 16.78% | 15.62% | 14.26% | 14.74% | 15.33% |
| Net profit margin | 16.03% | 16.39% | 15.86% | 15.25% | 15.85% | 16.85% | 17.49% | 18.12% | 17.01% | 15.66% | 15.54% | 15.09% | 14.78% | 14.92% | 13.64% | 12.69% | 11.73% | 10.56% | 10.87% | 11.25% |
Simpson Manufacturing Co., Inc. has shown relatively stable profitability margins over the past eight quarters. The company's gross profit margin, a measure of profitability after accounting for direct costs, has hovered around the mid-40% range, indicating efficient production processes and effective cost management.
The operating profit margin, which reflects the company's ability to generate profits from its core operations, has also shown consistency, fluctuating slightly but generally maintaining levels above 20%. This suggests that Simpson Manufacturing is efficient in managing its operating expenses relative to its revenue.
The pretax margin, representing the percentage of each dollar of revenue that translates into profit before taxes are deducted, has exhibited a similar trend, remaining in the low 20% range during the period under review. This indicates that the company has been successful in controlling both its operating and non-operating expenses.
Lastly, the net profit margin, which shows how much of each dollar of revenue translates into profit after all expenses have been deducted, has displayed a steady performance around the mid-teens percentage range. Despite the slight fluctuations, the company has maintained a healthy level of profitability after considering all expenses.
Overall, based on these profitability ratios, Simpson Manufacturing Co., Inc. appears to have a solid financial performance with consistent margins across different quarters, reflecting effective cost control and operational efficiency.
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) | 17.57% | 17.13% | 17.10% | 17.73% | 18.33% | 19.06% | 18.31% | 18.59% | 24.78% | 21.81% | 21.90% | 20.96% | 20.47% | 19.53% | 17.06% | 16.74% | 16.55% | 15.05% | 15.16% | 16.50% |
| Return on assets (ROA) | 13.09% | 12.67% | 12.54% | 12.81% | 13.34% | 13.82% | 13.35% | 13.62% | 17.95% | 15.91% | 15.98% | 15.49% | 15.17% | 14.51% | 12.62% | 12.36% | 12.23% | 10.93% | 11.16% | 12.02% |
| Return on total capital | 22.73% | 21.84% | 21.85% | 23.66% | 24.86% | 23.90% | 23.34% | 25.20% | 31.06% | 27.62% | 27.69% | 26.75% | 25.73% | 24.09% | 20.99% | 20.23% | 20.32% | 18.64% | 18.68% | 20.34% |
| Return on equity (ROE) | 21.07% | 21.37% | 21.53% | 22.01% | 23.63% | 25.88% | 25.82% | 25.22% | 22.50% | 20.15% | 20.20% | 19.77% | 19.06% | 19.30% | 18.12% | 17.60% | 15.02% | 13.53% | 13.74% | 14.83% |
Simpson Manufacturing Co., Inc. has shown consistent profitability based on its profitability ratios over the past eight quarters. The company's operating return on assets (Operating ROA) has been relatively stable, ranging from 17.36% to 18.97%. This indicates that the company is effectively utilizing its assets to generate operating income.
Similarly, the Return on assets (ROA) has also been steady, varying from 12.54% to 13.82%. This ratio reflects the company's ability to generate profits from its total assets.
The Return on total capital has shown a slight decline from 23.87% to 21.91% over the quarters. This ratio measures the company's efficiency in generating profits from its total invested capital.
Despite the slight variations in the Return on total capital, Simpson Manufacturing Co., Inc. has maintained a strong performance in terms of Return on equity (ROE), with ROE ranging from 21.07% to 25.88%. This indicates that the company is delivering strong returns to its shareholders for the equity invested.
Overall, Simpson Manufacturing Co., Inc. has demonstrated strong profitability ratios, indicating efficient utilization of assets and capital to generate profits, as well as attractive returns for its shareholders.