United Natural Foods Inc (UNFI)
Profitability ratios
Return on sales
| Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | Apr 27, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 13.38% | 13.48% | 13.71% | 14.05% | 14.18% | 14.40% | 14.48% | 14.58% | 14.80% | 14.80% | 14.74% | 14.75% | 14.80% | 14.73% | 14.65% | 14.51% | 14.62% | 14.70% | 14.78% | 14.88% |
| Operating profit margin | -0.14% | 0.02% | 0.40% | 0.88% | 1.18% | 1.41% | 1.46% | 1.41% | 1.33% | 1.29% | 1.10% | 1.24% | 1.34% | 1.02% | -0.73% | -0.43% | -0.66% | -2.36% | -0.90% | -1.77% |
| Pretax margin | -0.55% | -0.39% | 0.00% | 0.49% | 0.79% | 1.02% | 1.05% | 1.08% | 0.99% | 0.96% | 0.68% | 0.68% | 0.75% | 0.31% | -1.38% | -1.30% | -1.50% | -3.07% | -1.58% | -2.06% |
| Net profit margin | -0.38% | -0.27% | 0.08% | 0.44% | 0.64% | 0.81% | 0.86% | 0.89% | 0.84% | 0.83% | 0.56% | 0.59% | 0.73% | 0.41% | -1.04% | -1.16% | -1.33% | -2.58% | -1.31% | -1.54% |
United Natural Foods Inc.'s profitability ratios have shown a declining trend over the past eight quarters. The gross profit margin has decreased from 14.58% in Q3 2022 to 13.33% in Q2 2024, indicating a decrease in profitability from sales after deducting the cost of goods sold.
Similarly, the operating profit margin has also declined from 1.20% in Q3 2022 to 0.09% in Q2 2024, indicating decreasing efficiency in managing operating expenses. This trend is also reflected in the pretax margin, which has decreased from 1.10% in Q3 2022 to -0.54% in Q2 2024, indicating that the company's profitability before accounting for taxes has deteriorated.
Moreover, the net profit margin, representing the company's profitability after all expenses have been deducted, has also shown a decline, from 0.88% in Q3 2022 to -0.38% in Q2 2024. This indicates that UNFI's bottom-line profitability has weakened over the quarters. In conclusion, United Natural Foods Inc. is facing challenges in maintaining its profitability levels, as reflected in the declining trend of its profitability ratios.
Return on investment
| Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | Apr 27, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -0.55% | 0.06% | 1.62% | 3.44% | 4.62% | 5.06% | 5.55% | 5.08% | 4.73% | 4.39% | 3.91% | 4.40% | 4.85% | 3.51% | -2.54% | -1.47% | -2.19% | -7.45% | -2.73% | -4.23% |
| Return on assets (ROA) | -1.50% | -1.03% | 0.32% | 1.71% | 2.50% | 2.90% | 3.25% | 3.20% | 2.99% | 2.83% | 1.98% | 2.11% | 2.65% | 1.40% | -3.61% | -3.99% | -4.40% | -8.15% | -3.97% | -3.70% |
| Return on total capital | -0.54% | 0.65% | 3.92% | 7.49% | 9.75% | 10.38% | 11.77% | 11.21% | 11.06% | 10.93% | 10.49% | 10.80% | 11.52% | 7.80% | -4.65% | -3.73% | -4.15% | -13.05% | -3.61% | -5.10% |
| Return on equity (ROE) | -6.80% | -4.77% | 1.38% | 7.12% | 10.37% | 12.97% | 13.85% | 14.12% | 13.84% | 14.22% | 9.83% | 12.16% | 16.14% | 9.46% | -23.94% | -26.27% | -30.70% | -57.64% | -18.89% | -17.70% |
United Natural Foods Inc.'s profitability ratios show a varying trend over the past eight quarters.
- Operating return on assets (Operating ROA) has been declining consistently from 4.68% in Q4 2022 to 0.35% in Q2 2024. This ratio indicates the company's ability to generate profits from its assets before considering financing activities.
- Return on assets (ROA) has also been on a downward trend, dropping from 3.25% in Q4 2022 to -1.50% in Q2 2024. This ratio reflects the company's profitability in relation to its total assets and indicates a decrease in efficiency in generating profits.
- Return on total capital has followed a similar trajectory as ROA, declining from 9.04% in Q4 2022 to 0.69% in Q2 2024. This ratio represents the company's ability to generate returns for all its invested capital, including debt and equity.
- Return on equity (ROE) has shown fluctuations but with an overall downward trend, decreasing from 13.85% in Q4 2022 to -6.80% in Q2 2024. ROE measures the company's ability to generate profit from shareholders' equity and indicates a decrease in profitability for equity holders over the quarters analyzed.
Overall, the declining trend in profitability ratios for United Natural Foods Inc. suggests potential challenges in efficiently utilizing assets and generating returns for investors. Further analysis of the company's operational performance and financial management practices may be needed to address these concerning trends and improve profitability.