Ufp Industries Inc (UFPI)
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 | 19.66% | 19.46% | 19.33% | 18.63% | 18.59% | 18.54% | 17.69% | 17.19% | 16.29% | 15.26% | 15.34% | 15.46% | 15.53% | 16.19% | 16.16% | 15.76% | 15.52% | 15.11% | 14.30% | 13.66% |
| Operating profit margin | 8.96% | 9.08% | 9.39% | 9.52% | 9.87% | 10.04% | 9.55% | 9.24% | 8.54% | 7.87% | 7.69% | 7.14% | 6.71% | 6.50% | 6.16% | 5.75% | 5.55% | 5.41% | 5.05% | 4.69% |
| Pretax margin | 9.30% | 9.33% | 9.41% | 9.34% | 9.58% | 9.59% | 9.11% | 8.87% | 8.22% | 7.64% | 7.52% | 6.99% | 6.48% | 6.27% | 5.92% | 5.51% | 5.39% | 5.15% | 4.78% | 4.41% |
| Net profit margin | 7.13% | 7.14% | 7.12% | 7.02% | 7.20% | 7.17% | 6.86% | 6.69% | 6.20% | 5.75% | 5.63% | 5.21% | 4.79% | 4.66% | 4.42% | 4.16% | 4.07% | 3.91% | 3.63% | 3.35% |
Ufp Industries Inc has shown consistent improvement in its profitability ratios over the past few quarters. The gross profit margin has gradually increased from 13.66% in Q3 2019 to 19.66% in Q4 2023, indicating the company's ability to effectively manage its cost of goods sold.
Similarly, the operating profit margin has also shown a positive trend, rising from 4.69% in Q3 2019 to 8.96% in Q4 2023. This suggests that Ufp Industries has been able to control its operating expenses and improve operational efficiency.
The pretax margin and net profit margin have also displayed a steady increase, indicating that the company has been effectively managing its tax obligations and generating stronger bottom-line profits. The pretax margin increased from 4.41% in Q3 2019 to 9.30% in Q4 2023, while the net profit margin rose from 3.35% to 7.13% over the same period.
Overall, Ufp Industries Inc's profitability ratios reflect a positive trajectory, demonstrating the company's improved financial performance and efficiency in generating profits.
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) | 16.09% | 17.26% | 19.79% | 23.07% | 25.88% | 26.12% | 25.14% | 23.38% | 22.73% | 20.93% | 17.63% | 15.24% | 14.38% | 13.16% | 13.27% | 13.55% | 12.96% | 12.69% | 12.16% | 11.61% |
| Return on assets (ROA) | 12.80% | 13.57% | 15.00% | 17.02% | 18.86% | 18.67% | 18.05% | 16.93% | 16.51% | 15.28% | 12.91% | 11.12% | 10.26% | 9.43% | 9.53% | 9.79% | 9.51% | 9.17% | 8.74% | 8.31% |
| Return on total capital | 21.15% | 22.64% | 25.20% | 28.83% | 32.98% | 34.89% | 34.39% | 32.82% | 32.06% | 28.94% | 24.68% | 21.38% | 19.37% | 17.94% | 18.19% | 17.76% | 17.56% | 17.17% | 16.45% | 14.99% |
| Return on equity (ROE) | 17.15% | 18.62% | 20.57% | 23.51% | 27.01% | 28.64% | 28.58% | 28.56% | 27.07% | 24.89% | 24.00% | 19.79% | 16.90% | 15.85% | 14.82% | 14.62% | 14.44% | 14.19% | 13.86% | 13.47% |
Ufp Industries Inc's profitability ratios have exhibited a generally positive trend over the periods displayed. The Operating return on assets (Operating ROA) increased from 11.61% in December 2019 to 16.09% in December 2023, indicating improving operational efficiency in generating profits from its assets. Similarly, Return on assets (ROA) rose from 8.31% in December 2019 to 12.80% in December 2023, reflecting the company's overall ability to generate earnings relative to its total assets.
Return on total capital increased steadily from 14.99% in December 2019 to 21.15% in December 2023, indicating effective utilization of both debt and equity capital to generate profits. Return on equity (ROE) also saw a positive trajectory, rising from 13.47% in December 2019 to 17.15% in December 2023, showcasing the company's ability to generate returns for its shareholders.
Overall, Ufp Industries Inc's profitability ratios demonstrate a consistent improvement in operational efficiency and profitability over the periods analyzed, reflecting positively on the company's financial performance and management effectiveness.