Standex International Corporation (SXI)
Profitability ratios
Return on sales
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 39.31% | 39.21% | 38.91% | 39.57% | 39.14% | 39.29% | 39.25% | 38.84% | 38.47% | 37.70% | 37.11% | 36.74% | 36.71% | 37.03% | 37.12% | 37.14% | 36.77% | 35.91% | 35.22% | 34.65% |
| Operating profit margin | 12.34% | 11.66% | 12.19% | 14.85% | 14.95% | 14.79% | 14.83% | 14.91% | 14.91% | 13.73% | 13.17% | 12.39% | 12.01% | 12.58% | 10.24% | 9.94% | 9.02% | 7.57% | 9.65% | 9.30% |
| Pretax margin | 8.71% | 9.13% | 9.89% | 13.23% | 13.20% | 13.27% | 22.13% | 22.10% | 22.12% | 20.90% | 12.21% | 11.39% | 11.05% | 11.60% | 9.23% | 8.93% | 8.03% | 6.65% | 8.72% | 8.27% |
| Net profit margin | 7.06% | 8.09% | 7.59% | 10.26% | 10.14% | 10.11% | 18.80% | 18.72% | 18.76% | 17.91% | 9.28% | 8.62% | 8.35% | 8.54% | 6.50% | 6.26% | 5.56% | 3.93% | 2.76% | 2.74% |
The profitability ratios of Standex International Corporation reveal a generally positive trend over the period analyzed, with some fluctuations at specific intervals.
Gross Profit Margin:
The gross profit margin demonstrates a steady incremental improvement from 34.65% as of September 30, 2020, to 39.31% by June 30, 2025. This upward trajectory indicates that the company has been increasingly effective at controlling cost of goods sold relative to sales, reflecting improved efficiency or favorable pricing strategies. The margin experienced slight fluctuations but maintained a consistent upward trend, reaching a peak of 39.57% in September 2024 before a modest decline to 38.91% in December 2024, then recovering slightly to 39.21% in March 2025.
Operating Profit Margin:
Operating margins started at 9.30% in September 2020, with some variability observed through the period. The margin increased significantly, reaching a peak of approximately 14.91% in June and September 2023, suggesting enhanced operational efficiency or cost management in core business segments. Notably, there was a decline to 12.19% in December 2024, and further reductions in the latest data point (March 2025) to approximately 11.66%, possibly indicating increased operating expenses or other operational challenges during these periods.
Pretax Margin:
Pretax margins exhibit a generally upward progression, rising from 8.27% in September 2020 to a high of 22.12% in June 2023. The period shows a remarkable improvement around 2022 and 2023, likely driven by enhanced profitability before a decline in late 2024 to around 9.13%, and further to 8.71% in June 2025. These shifts might reflect changes in non-operational factors such as interest, other income, or expenses impacting pretax results.
Net Profit Margin:
Net profit margins follow a positive trend, increasing from 2.74% in September 2020 to a peak of nearly 18.76% in June 2023. The substantial rise during this period underscores improved bottom-line performance, likely attributable to operational efficiencies, favorable market conditions, or cost control measures. Subsequently, the margin diminishes to approximately 7.06% by June 2025, with notable declines in late 2024, possibly reflecting increased tax burdens, non-operational expenses, or other external factors impacting net profitability.
In summary, Standex International Corporation has experienced consistent improvement in gross margin, reflecting better cost management or pricing strategies. Operating and pretax margins have also shown significant growth, especially during 2022 and 2023, indicating operational and earnings efficiency. However, recent declines in operating, pretax, and net margins suggest that profitability is currently under pressure, potentially due to increased expenses, external economic factors, or other operational challenges. The overall trend illustrates a company that has benefited from periods of strong profitability but faces some headwinds in sustaining those margins moving forward.
Return on investment
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.22% | 5.61% | 5.90% | 10.11% | 10.72% | 10.85% | 10.86% | 11.32% | 10.78% | 9.97% | 10.22% | 9.96% | 9.45% | 9.40% | 7.49% | 7.04% | 6.15% | 4.95% | 6.06% | 6.29% |
| Return on assets (ROA) | 3.56% | 3.89% | 3.67% | 6.98% | 7.27% | 7.41% | 13.77% | 14.22% | 13.56% | 13.01% | 7.20% | 6.93% | 6.57% | 6.38% | 4.76% | 4.43% | 3.79% | 2.57% | 1.73% | 1.85% |
| Return on total capital | 13.03% | 12.53% | 13.19% | 16.32% | 18.07% | 17.94% | 18.26% | 19.07% | 18.36% | 18.23% | 20.36% | 21.26% | 20.20% | 18.46% | 17.64% | 16.56% | 15.27% | 13.84% | 12.28% | 12.96% |
| Return on equity (ROE) | 7.84% | 8.81% | 8.30% | 11.01% | 11.76% | 11.90% | 22.30% | 23.47% | 22.88% | 21.81% | 13.02% | 12.98% | 12.29% | 11.76% | 8.82% | 8.30% | 7.20% | 5.05% | 3.33% | 3.67% |
The profitability ratios of Standex International Corporation demonstrate a generally positive trend over the period analyzed, with some variations indicating shifts in operational efficiency and asset utilization.
Operating Return on Assets (Operating ROA):
The Operating ROA reflects the company's efficiency in generating operating income from its assets. From September 30, 2020, at approximately 6.29%, it experienced fluctuations, reaching a peak of over 11.32% in September 2023. This upward trend suggests improvements in operational efficiency and effective asset management in the recent years. However, there is a notable decline toward the end of the observed period, falling to around 5.61% in June 2025, indicating potential challenges in maintaining operational profitability relative to assets.
Return on Assets (ROA):
ROA showed a similar positive trend initially, starting at roughly 1.85% during September 2020 and steadily increasing to a high of around 14.22% in September 2023. This indicates that the company's overall profitability, considering both operating and non-operating factors, improved significantly during this period. Yet, the ratio declined sharply thereafter, dropping below 4% by March 2025, which signals a reduction in overall asset profitability, possibly due to increased costs, restructuring, or reduced core earnings.
Return on Total Capital:
This ratio measures the return generated from all sources of capital invested in the business. It rose from approximately 12.96% in September 2020 to a peak exceeding 21% in September 2022, demonstrating efficient allocation and utilization of capital. Subsequent fluctuations include a decline back to around 13% by March 2025. The overall trend indicates periods of strong capital productivity followed by deterioration, likely linked to changes in earnings quality or capital structure shifts.
Return on Equity (ROE):
ROE has exhibited considerable consistency and growth through most of the period, moving from approximately 3.67% in September 2020 to over 23% by September 2023. This indicates effective leverage and management in generating shareholder returns, especially noticeable during 2022 and 2023 when the ratio exceeded 20%. Nonetheless, the recent decline to below 9% in mid-2025 suggests a reduction in profitability attributable to stockholder equity, possibly caused by reduced net income, increased equity, or both.
Summary:
Overall, Standex International’s profitability ratios depict a company that experienced significant improvements in operational and overall profitability from 2020 to 2023, reflecting enhanced operational management and capital utilization. However, the contraction observed afterward indicates a potential slowdown or structural challenges impacting its ability to sustain previous profit levels. The notable rise and subsequent fall in these ratios highlight periods of strong profitability complemented by recent pressures that could involve increased costs, market conditions, or strategic adjustments.