UFP Technologies Inc (UFPT)
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 | 28.26% | 28.28% | 27.97% | 26.51% | 25.21% | 24.77% | 23.96% | 24.33% | 24.77% | 25.32% | 25.54% | 24.80% | 24.96% | 25.57% | 26.23% | 27.28% | 27.28% | 26.68% | 26.47% | 26.11% |
| Operating profit margin | 14.52% | 14.43% | 17.42% | 16.11% | 15.47% | 15.21% | 10.18% | 9.74% | 10.28% | 11.03% | 10.75% | 9.46% | 9.35% | 10.07% | 11.02% | 12.33% | 12.49% | 11.83% | 11.81% | 11.50% |
| Pretax margin | 13.57% | 13.39% | 16.41% | 15.24% | 14.72% | 14.72% | 9.86% | 9.62% | 10.28% | 11.01% | 10.73% | 9.39% | 9.10% | 9.83% | 10.70% | 11.86% | 11.96% | 11.12% | 11.06% | 10.74% |
| Net profit margin | 11.31% | 10.80% | 12.95% | 12.15% | 11.67% | 11.31% | 7.49% | 7.25% | 7.70% | 8.63% | 8.54% | 7.61% | 7.47% | 8.13% | 9.27% | 10.01% | 9.99% | 9.27% | 8.59% | 8.39% |
The profitability ratios of UFP Technologies Inc have shown a generally positive trend over the past few periods. The gross profit margin has steadily increased from 25.21% at the end of 2019 to 28.26% at the end of 2023, indicating that the company has been effectively managing its production costs and generating higher margins on its products.
Similarly, the operating profit margin has shown improvement, with a consistent upward trajectory from 9.46% at the end of March 2021 to 14.52% at the end of December 2023. This indicates that the company has been able to control its operating expenses and increase profitability from its core business activities.
The pretax margin has also exhibited an increasing trend, rising from 9.10% at the end of March 2021 to 13.57% at the end of December 2023. This demonstrates UFP Technologies Inc's ability to generate higher profits before taxes relative to its total revenue over time.
Moreover, the net profit margin has shown an overall improvement, increasing from 7.47% at the end of March 2021 to 11.31% at the end of December 2023. This suggests that the company has been successful in managing its overall expenses, including interest and taxes, and enhancing its bottom-line profitability.
In conclusion, UFP Technologies Inc has demonstrated consistent improvement in its profitability ratios over the analyzed periods, highlighting effective cost management strategies and enhanced operational efficiency that have positively impacted the company's overall profitability.
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) | 14.27% | 13.96% | 16.76% | 15.83% | 14.65% | 12.66% | 7.16% | 6.13% | 6.35% | 9.75% | 9.28% | 8.11% | 8.23% | 9.24% | 10.62% | 12.63% | 13.09% | 11.71% | 11.90% | 11.58% |
| Return on assets (ROA) | 11.12% | 10.45% | 12.47% | 11.94% | 11.05% | 9.41% | 5.26% | 4.56% | 4.75% | 7.63% | 7.38% | 6.52% | 6.58% | 7.46% | 8.94% | 10.25% | 10.46% | 9.18% | 8.66% | 8.44% |
| Return on total capital | 18.32% | 17.84% | 21.24% | 20.44% | 19.23% | 16.89% | 9.40% | 7.71% | 8.02% | 11.29% | 10.84% | 9.36% | 9.25% | 10.58% | 12.20% | 14.47% | 15.01% | 13.64% | 13.94% | 13.49% |
| Return on equity (ROE) | 15.70% | 15.34% | 19.07% | 18.93% | 17.59% | 16.16% | 10.03% | 8.33% | 8.17% | 8.83% | 8.61% | 7.54% | 7.56% | 8.68% | 10.42% | 11.97% | 12.19% | 11.79% | 11.28% | 11.26% |
UFP Technologies Inc's profitability ratios exhibit a generally positive trend over the periods shown.
- Operating return on assets (Operating ROA) has been fluctuating but shows an improvement trend overall, ranging from a low of 6.13% in Mar 31, 2022, to a high of 16.76% in Jun 30, 2023.
- Return on assets (ROA) also demonstrates a favorable increase, with values climbing from 4.56% in Mar 31, 2022, to 12.47% in Jun 30, 2023.
- Return on total capital reflects a similar pattern, with values ranging from 7.71% in Mar 31, 2022, to 21.24% in Jun 30, 2023, indicating an upward trajectory in profitability.
- Return on equity (ROE) shows consistent growth, with values rising from 8.33% in Mar 31, 2022, to 19.07% in Jun 30, 2023.
Overall, UFP Technologies Inc's profitability ratios have improved over the periods displayed, indicating effective utilization of assets and capital to generate returns for the company's shareholders.