Interface Inc (TILE)
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 | Jul 5, 2020 | Apr 5, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 35.63% | 34.06% | 33.48% | 33.39% | 34.64% | 35.64% | 35.87% | 36.78% | 36.96% | 37.03% | 37.55% | 37.44% | 37.67% | 38.75% | 39.65% | 40.21% | 40.29% | 39.13% | 37.06% | 36.51% |
| Operating profit margin | 8.44% | 4.41% | 4.11% | 4.49% | 5.97% | 9.74% | 9.59% | 9.57% | 8.95% | 8.33% | 7.71% | 6.78% | -3.60% | -2.77% | -0.37% | 1.59% | 9.90% | 8.09% | 6.11% | 5.70% |
| Pretax margin | 5.14% | 0.97% | 1.28% | 1.64% | 3.32% | 7.29% | 7.06% | 6.98% | 6.20% | 4.79% | 4.10% | 2.87% | -7.29% | -5.53% | -2.92% | -0.56% | 7.70% | 5.87% | 3.93% | 3.53% |
| Net profit margin | 3.60% | 0.03% | 0.36% | 0.43% | 1.55% | 5.19% | 5.00% | 5.11% | 4.72% | 4.81% | 4.46% | 3.55% | -6.60% | -6.44% | -4.46% | -2.27% | 5.99% | 5.24% | 3.96% | 3.45% |
Interface Inc.'s profitability ratios show a fluctuating trend over the last eight quarters.
The gross profit margin has shown a slight decrease from Q1 2022 to Q4 2023, indicating a decrease in the percentage of revenue retained after accounting for direct costs of goods sold. This may be attributed to factors such as pricing pressure or increased production costs.
The operating profit margin has also experienced fluctuations, with a general decreasing trend from Q1 2022 to Q4 2023. This suggests that the company's operating expenses have been increasing relative to its revenue over this period, potentially impacting overall profitability.
The pretax margin shows variability, reaching a peak in Q3 2022 before declining in subsequent quarters. This ratio reflects the company's ability to generate profit before accounting for taxes, and the downward trend may indicate challenges in controlling costs or achieving revenue growth.
The net profit margin, which represents the percentage of revenue that translates into bottom-line profit, has shown a significant decrease from Q1 to Q4 2023. This indicates that Interface Inc.'s net profitability has been eroded, possibly due to increasing expenses or declining sales.
Overall, the analysis of Interface Inc.'s profitability ratios suggests that the company may be facing challenges in maintaining and growing its profitability due to fluctuating margins and potentially escalating costs. It is essential for the company to closely monitor its cost structure and revenue streams to improve overall profitability in the future.
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 | Jul 5, 2020 | Apr 5, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 8.50% | 4.56% | 4.25% | 4.58% | 5.95% | 9.99% | 9.19% | 8.81% | 7.88% | 7.12% | 6.27% | 5.49% | -3.01% | -2.47% | -0.35% | 1.63% | 9.20% | 7.50% | 5.43% | 4.97% |
| Return on assets (ROA) | 3.62% | 0.03% | 0.37% | 0.44% | 1.54% | 5.32% | 4.79% | 4.70% | 4.15% | 4.11% | 3.63% | 2.87% | -5.51% | -5.75% | -4.21% | -2.33% | 5.57% | 4.86% | 3.52% | 3.01% |
| Return on total capital | 11.44% | 5.49% | 5.75% | 6.13% | 8.24% | 14.72% | 13.43% | 12.98% | 11.81% | 10.42% | 8.82% | 7.07% | -5.66% | -5.14% | -1.57% | 2.04% | 13.66% | 10.92% | 7.60% | 6.59% |
| Return on equity (ROE) | 10.45% | 0.09% | 1.18% | 1.51% | 5.41% | 20.53% | 18.11% | 16.79% | 15.20% | 15.74% | 14.30% | 11.81% | -22.03% | -26.17% | -21.23% | -12.58% | 21.51% | 19.35% | 14.52% | 12.08% |
Interface Inc.'s profitability ratios show fluctuations in performance over the past eight quarters.
- Operating return on assets (Operating ROA) has generally remained in the range of 7% to 10%, indicating the company's ability to generate profits from its assets, with a slight decrease in recent quarters.
- Return on assets (ROA) fluctuated significantly, ranging from near breakeven to around 5%, showing inconsistent profitability relative to total assets.
- Return on total capital remained relatively stable at around 10% to 15%, reflecting the company's ability to generate returns on its total capital employed in the business.
- Return on equity (ROE) had more significant fluctuations, with values ranging from near zero to over 20%, suggesting varying levels of profitability attributable to shareholders' equity.
Overall, Interface Inc. has shown mixed profitability performance over the analyzed periods, with some ratios indicating relative stability and others showing more volatility. Further analysis of the underlying factors driving these fluctuations would be necessary to provide more insights into the company's financial health and performance.