Triumph Group Inc (TGI)
Profitability ratios
Return on sales
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 27.08% | 28.10% | 26.50% | 21.04% | 20.44% |
| Operating profit margin | 7.25% | 11.69% | 9.63% | 7.15% | 8.19% |
| Pretax margin | -2.29% | 6.94% | -2.59% | -23.96% | -0.81% |
| Net profit margin | 42.98% | 6.50% | -2.93% | -24.12% | -1.01% |
Triumph Group Inc has seen fluctuations in its profitability ratios over the past five years. The gross profit margin has generally shown an improving trend, increasing from 17.56% in 2020 to 27.08% in 2024, indicating better control over production costs and an increase in efficiency.
The operating profit margin has also varied significantly, with a notable drop in 2021 to a negative figure of -17.44%, likely indicating operational challenges during that period. However, there has been a recovery in subsequent years, with the margin improving to 7.25% in 2024.
The pretax margin has fluctuated widely, reaching a low of -23.96% in 2021 and then rebounding to a high of 43.58% in 2024. This pattern suggests potential volatility in Triumph Group's earnings before taxes over the years.
Finally, the net profit margin has shown a similar pattern of variability, with drastic declines in 2021 and 2022, followed by significant improvements in 2023 and 2024. The net profit margin stood at 42.98% in 2024, indicating a substantial increase in profitability compared to previous years.
In conclusion, Triumph Group Inc has displayed mixed profitability performance over the past five years, with improvements in gross and net profit margins, while facing challenges in operating profit margin and pretax margin in certain periods.
Return on investment
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 5.13% | 9.40% | 7.98% | 5.45% | 7.97% |
| Return on assets (ROA) | 30.39% | 5.22% | -2.43% | -18.40% | -0.99% |
| Return on total capital | — | — | — | — | — |
| Return on equity (ROE) | — | — | — | — | — |
The profitability ratios of Triumph Group Inc show a mixed performance over the past five years.
1. Operating return on assets (Operating ROA) has fluctuated significantly:
- The ratio was 5.13% in 2024, showing a decrease from the previous year's 11.41%. This decline may indicate a decrease in operating efficiency or profitability.
- In 2022, the ratio was 5.92%, which was a slight improvement from the negative figure in 2021.
- The negative figure in 2021 (-13.31%) suggests that the company's operating income was insufficient to cover the total assets, leading to operating losses.
- A positive trend was observed in 2020 with a 1.94% Operating ROA, indicating some improvement in profitability compared to the previous year.
2. Return on assets (ROA):
- Triumph Group Inc's ROA has shown a volatile trend over the period, ranging from negative figures to positive ones.
- The 30.39% ROA in 2024 indicates a significant increase in profitability compared to the prior year's 5.22%.
- The negative ROA figures in 2021 and 2020 suggest that the company was not efficient in generating returns from its assets.
- The improvement in ROA in 2024 indicates positive prospects for the company's ability to generate profits from its assets.
3. Return on total capital and Return on equity (ROE) data is unavailable, limiting a comprehensive analysis of these profitability metrics.
In summary, Triumph Group Inc's profitability ratios have shown mixed performance, with fluctuations in operating efficiency and asset utilization over the past five years. The positive trend in ROA in 2024 is a signal of improved profitability, although monitoring trends over time is essential to assess the company's overall financial performance accurately.