UFP Technologies Inc (UFPT)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 28.19% | 24.07% | 24.78% | 24.99% | 27.29% |
| Operating profit margin | 14.49% | 14.78% | 10.29% | 9.36% | 12.50% |
| Pretax margin | 13.54% | 14.06% | 10.28% | 9.11% | 11.96% |
| Net profit margin | 11.29% | 11.15% | 7.70% | 7.48% | 9.99% |
UFP Technologies Inc has shown varying levels of profitability over the past five years. The gross profit margin, which indicates how efficiently the company produces its goods, has been relatively stable, ranging from 24.07% to 28.19%. This suggests that the company has been able to maintain a consistent level of profitability at the gross profit level.
The operating profit margin, a measure of the company's profitability from its core operations, has fluctuated, with the highest margin of 14.78% in 2022 and the lowest of 9.36% in 2020. This indicates some volatility in the company's ability to generate profits from its regular business activities.
The pretax margin, which represents the company's profitability before taxes, has also shown variability, ranging from 9.11% to 14.06%. This suggests that factors beyond operating performance, such as taxes and interest expenses, have influenced the company's overall profitability.
The net profit margin, a key indicator of overall profitability, has ranged from 7.48% to 11.29%. This metric takes into account all expenses, including taxes, and reflects the company's bottom-line profitability. The downward trend in net profit margin from 2019 to 2021 is noteworthy and may indicate challenges in managing costs or generating revenue during those years.
In summary, UFP Technologies Inc has shown fluctuations in profitability ratios over the past five years, with some metrics indicating stable performance while others suggest variability and potential challenges in maintaining profitability. Further analysis of the company's financial statements and market conditions would be necessary to fully understand the factors driving these trends.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 14.27% | 14.65% | 6.35% | 8.23% | 13.09% |
| Return on assets (ROA) | 11.12% | 11.05% | 4.75% | 6.58% | 10.46% |
| Return on total capital | 18.32% | 19.23% | 8.00% | 9.25% | 15.01% |
| Return on equity (ROE) | 15.70% | 17.59% | 8.17% | 7.56% | 12.19% |
UFP Technologies Inc's profitability ratios have shown some fluctuation over the past five years.
1. Operating ROA: This ratio measures the company's operating income generated from its assets. UFP Technologies Inc's operating ROA has shown a fluctuating trend, with a peak in 2022 at 14.65% and a slight decrease to 14.27% in 2023. The company's ability to generate operating income from its assets remains relatively strong.
2. ROA: This ratio indicates the overall profitability of the company in relation to its total assets. UFP Technologies Inc's ROA has also varied over the years, with a peak in 2022 at 11.05% and a slight increase to 11.12% in 2023. The company's profitability in relation to its total assets has improved marginally.
3. Return on total capital: This ratio assesses the efficiency of the company in generating returns from both debt and equity capital. UFP Technologies Inc's return on total capital has shown a similar trend to its other profitability ratios, with fluctuations over the years. The ratio peaked in 2022 at 19.23% and decreased to 18.32% in 2023. The company's ability to generate returns from its total capital has remained relatively strong overall.
4. ROE: This ratio evaluates the company's profitability by measuring the return generated for its shareholders' equity. UFP Technologies Inc's ROE has demonstrated variability over the period analyzed, peaking at 17.59% in 2022 and slightly declining to 15.70% in 2023. The company's ability to generate returns for its shareholders has shown some fluctuations but remains at a satisfactory level.
Overall, UFP Technologies Inc has maintained a decent level of profitability over the years, with some fluctuations in its profitability ratios. The company's ability to generate returns from its assets, total capital, and equity has shown resilience despite the changing business environment.