UFP Technologies Inc (UFPT)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 29.01% | 28.19% | 24.07% | 24.78% | 24.99% |
| Operating profit margin | 16.00% | 14.49% | 14.78% | 10.29% | 9.36% |
| Pretax margin | 14.44% | 13.54% | 14.06% | 10.28% | 9.11% |
| Net profit margin | 11.66% | 11.29% | 11.15% | 7.70% | 7.48% |
UFP Technologies Inc has shown a stable gross profit margin over the past five years, with a slight decline from 24.99% in 2020 to 24.07% in 2022, followed by an improvement to 29.01% in 2024. This indicates that the company has been able to maintain a reasonable level of profitability from its core operations.
The operating profit margin has shown consistent growth from 9.36% in 2020 to 16.00% in 2024, reflecting improving efficiency and cost management in the company's operations. This suggests that UFP Technologies has been able to control its operating expenses more effectively over the years.
The pretax margin has also demonstrated a positive trend, increasing from 9.11% in 2020 to 14.44% in 2024. This indicates that the company has been able to generate a higher level of pre-tax income relative to its total revenue over time.
Moreover, the net profit margin has shown a steady improvement from 7.48% in 2020 to 11.66% in 2024, indicating that UFP Technologies has been effective in managing its overall costs, including taxes and other expenses, to enhance its bottom-line profitability.
Overall, the profitability ratios of UFP Technologies Inc have generally trended positively over the past five years, highlighting the company's ability to maintain and enhance its profitability levels through effective cost management and operational efficiency measures.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 12.86% | 14.27% | 14.65% | 6.35% | 8.23% |
| Return on assets (ROA) | 9.38% | 11.12% | 11.05% | 4.75% | 6.58% |
| Return on total capital | 15.60% | 18.32% | 19.23% | 8.00% | 9.25% |
| Return on equity (ROE) | 17.21% | 15.70% | 17.59% | 8.17% | 7.56% |
UFP Technologies Inc's profitability ratios show varying trends over the period from December 31, 2020, to December 31, 2024.
1. Operating return on assets (Operating ROA) witnessed a fluctuating trend, starting at 8.23% in 2020, declining to 6.35% in 2021, and then showing a significant improvement to 14.65% in 2022. The ratio remained strong in 2023 at 14.27% before slightly decreasing to 12.86% in 2024.
2. Return on assets (ROA) also displayed a similar pattern, starting at 6.58% in 2020, dropping to 4.75% in 2021, and then increasing to 11.05% in 2022. The ratio remained relatively stable in 2023 and 2024, showing values of 11.12% and 9.38%, respectively.
3. Return on total capital saw an increasing trend, from 9.25% in 2020 to 19.23% in 2022, indicating a significant improvement in capital utilization efficiency. The ratio remained strong in 2023 at 18.32% and slightly decreased to 15.60% in 2024.
4. Return on equity (ROE) demonstrated a mixed performance, with fluctuations in values. Starting at 7.56% in 2020, the ratio increased to 8.17% in 2021 and saw a notable rise to 17.59% in 2022. It then decreased to 15.70% in 2023 before increasing again to 17.21% in 2024.
Overall, UFP Technologies Inc's profitability ratios show both positive and negative trends across the years, indicating varying levels of operational efficiency and capital utilization. Further analysis would be required to understand the factors behind these fluctuations and their impacts on the company's overall financial performance.