Trimble Inc (TRMB)
Profitability ratios
Return on sales
| 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 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 64.91% | 61.64% | 61.40% | 60.21% | 60.65% | 60.67% | 59.82% | 58.52% | 56.97% | 56.13% | 55.60% | 55.52% | 55.61% | 55.90% | 55.80% | 55.75% | 55.75% | 55.58% | 55.16% | 54.80% |
| Operating profit margin | 12.75% | 11.36% | 11.18% | 11.65% | 13.64% | 13.39% | 13.69% | 15.39% | 14.24% | 14.81% | 15.41% | 15.32% | 15.33% | 15.58% | 14.76% | 14.26% | 13.34% | 12.29% | 11.99% | 11.92% |
| Pretax margin | 54.46% | 54.17% | 53.15% | 7.02% | 9.40% | 10.44% | 11.70% | 16.43% | 15.48% | 15.91% | 16.88% | 15.29% | 15.70% | 16.41% | 15.19% | 13.97% | 12.55% | 10.88% | 10.35% | 10.72% |
| Net profit margin | 40.84% | 40.67% | 40.70% | 6.25% | 8.19% | 8.97% | 9.45% | 13.01% | 12.23% | 12.80% | 13.76% | 12.97% | 13.47% | 15.65% | 15.01% | 13.65% | 12.39% | 15.56% | 15.39% | 15.79% |
Trimble Inc has shown a generally stable gross profit margin over the past few years, with an increasing trend from 54.80% as of March 31, 2020, to 64.91% as of December 31, 2024. This indicates the company has been effectively managing its cost of goods sold.
In terms of operating profit margin, Trimble Inc experienced fluctuations but generally maintained a range between 11.18% and 15.76% during the period under review. Despite some variability, the company's operating profit margin demonstrates its ability to generate profits from its core operations.
The pretax margin of Trimble Inc has shown significant variability, from a low of 7.02% on March 31, 2024, to a peak of 54.46% on December 31, 2024. This wide range suggests fluctuations in pre-tax profitability, possibly due to factors such as taxes and extraordinary items impacting the bottom line.
The net profit margin of Trimble Inc also displays fluctuations, ranging from 6.25% on March 31, 2024, to 40.84% on December 31, 2024. These fluctuations could be due to various factors impacting the company's bottom line profitability, such as changes in operating expenses, interest costs, and tax provisions.
Overall, while Trimble Inc has maintained a relatively stable gross profit margin and operating profit margin, its pretax and net profit margins have shown more variability over the period analyzed. It may be important for stakeholders to understand the factors driving these fluctuations to assess the company's overall profitability and financial health.
Return on investment
| 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 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.95% | 4.18% | 4.32% | 4.80% | 5.43% | 5.34% | 5.23% | 6.91% | 7.20% | 7.84% | 8.38% | 8.04% | 7.90% | 7.93% | 7.32% | 6.82% | 6.10% | 5.83% | 5.66% | 5.78% |
| Return on assets (ROA) | 15.86% | 14.97% | 15.75% | 2.57% | 3.26% | 3.58% | 3.61% | 5.84% | 6.19% | 6.77% | 7.48% | 6.81% | 6.94% | 7.96% | 7.45% | 6.53% | 5.67% | 7.38% | 7.26% | 7.66% |
| Return on total capital | 7.81% | 6.47% | 7.44% | 10.40% | 10.62% | 11.23% | 11.36% | 12.53% | 13.65% | 14.82% | 15.71% | 16.31% | 16.22% | 16.83% | 15.51% | 14.14% | 13.02% | 13.35% | 13.33% | 14.11% |
| Return on equity (ROE) | 26.18% | 25.14% | 26.83% | 5.51% | 6.92% | 7.69% | 7.96% | 11.03% | 11.10% | 12.47% | 13.29% | 12.25% | 12.49% | 14.37% | 13.50% | 12.05% | 10.84% | 14.59% | 15.02% | 16.57% |
Trimble Inc's profitability ratios show fluctuating trends over the period under review.
- Operating Return on Assets (Operating ROA) ranged from 5.66% to 8.38% during the period, with a peak of 8.38% in June 30, 2022. However, the ratio declined to 4.18% by September 30, 2024.
- Return on Assets (ROA) fluctuated between 2.57% and 15.86% over the period. Notably, there was a sharp increase to 15.86% in December 31, 2024. However, the ratio saw a significant decrease to 3.26% by December 31, 2023.
- Return on Total Capital ranged from 6.47% to 16.83% during the period. The profitability improved gradually until September 30, 2021, where it reached 16.83%. Subsequently, there was a declining trend to 6.47% by September 30, 2024.
- Return on Equity (ROE) varied between 5.51% and 26.83%. Notably, there was a significant increase in ROE to 26.83% in June 30, 2024. However, the ratio decreased to 6.92% by December 31, 2023.
Overall, Trimble Inc's profitability ratios exhibit volatility and varying degrees of performance over the period, with intermittent peaks and declines in profitability metrics.