Universal Corporation (UVV)
Profitability ratios
Return on sales
| Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 52.86% | 52.71% | 52.55% | 52.20% | 52.46% | 52.87% | 52.81% | 52.88% | 52.95% | 52.69% | 52.61% | 52.51% | 52.47% | 45.90% | 30.06% | 19.15% | 11.24% | 11.42% | 11.20% | 10.90% |
| Operating profit margin | 4.12% | 3.93% | 3.78% | 3.42% | 3.58% | 3.72% | 3.62% | 3.76% | 3.84% | 4.05% | 3.94% | 3.76% | 3.76% | 3.48% | 3.33% | 3.96% | 3.98% | 4.84% | 4.29% | 4.45% |
| Pretax margin | 2.80% | 2.74% | 2.51% | 2.34% | 2.68% | 2.77% | 2.82% | 2.95% | 3.00% | 3.30% | 3.25% | 3.06% | 2.98% | 2.55% | 2.45% | 3.20% | 3.37% | 4.26% | 3.93% | 3.99% |
| Net profit margin | 2.22% | 2.54% | 2.34% | 2.20% | 2.45% | 1.92% | 1.89% | 2.01% | 2.08% | 2.44% | 2.38% | 2.17% | 2.23% | 1.90% | 1.87% | 2.39% | 2.26% | 2.72% | 2.58% | 2.58% |
Universal Corporation's profitability ratios have shown varying trends over the past few quarters. The gross profit margin has remained relatively stable, hovering around the mid-50% range, indicating consistent control over production costs and pricing strategies.
However, the operating profit margin has fluctuated slightly, with a slight increase in the most recent quarter, suggesting improved efficiency in operating expenses management. The pretax margin has also shown some variability but has generally trended upwards, indicating better control over non-operating expenses.
On the other hand, the net profit margin has been more inconsistent, with fluctuations in profitability levels observed. While there have been some quarters with improved net profit margins, others have shown a decline, suggesting potential challenges in managing bottom-line profitability.
Overall, Universal Corporation's profitability has been moderately stable, with room for improvement in optimizing expenses to enhance net profit margins in the future.
Return on investment
| Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 7.56% | 7.28% | 6.86% | 6.19% | 6.86% | 6.72% | 6.08% | 5.86% | 6.20% | 6.40% | 6.73% | 6.26% | 6.31% | 4.88% | 4.48% | 6.05% | 5.96% | 7.23% | 6.72% | 7.36% |
| Return on assets (ROA) | 4.07% | 4.69% | 4.24% | 3.99% | 4.70% | 3.48% | 3.18% | 3.13% | 3.35% | 3.86% | 4.06% | 3.61% | 3.73% | 2.66% | 2.51% | 3.65% | 3.38% | 4.07% | 4.04% | 4.27% |
| Return on total capital | 10.56% | 10.23% | 9.65% | 9.02% | 9.19% | 9.03% | 9.02% | 8.46% | 8.23% | 8.84% | 8.85% | 8.04% | 7.77% | 6.16% | 6.03% | 7.82% | 7.85% | 9.27% | 9.28% | 9.62% |
| Return on equity (ROE) | 8.32% | 9.38% | 8.77% | 8.34% | 8.88% | 7.06% | 6.75% | 6.57% | 6.46% | 7.61% | 7.59% | 6.63% | 6.69% | 5.01% | 4.54% | 6.22% | 5.75% | 6.68% | 6.90% | 7.10% |
Universal Corporation's profitability ratios have shown some fluctuations over the past few quarters.
- Operating return on assets (Operating ROA) has generally been improving, reaching 7.56% in March 2024, indicating that the company is generating 7.56 cents of operating income for every dollar of assets. This suggests efficient asset utilization.
- Return on assets (ROA) has also shown an upward trend, standing at 4.07% in March 2024, implying that the company is generating 4.07 cents of net income for every dollar of assets. This ratio reflects the overall profitability of the company's operations.
- Return on total capital has been relatively stable around the 9-10% range, indicating that the company is generating a return of around 9-10 cents on every dollar of total capital employed. This ratio provides insight into the overall efficiency of capital utilization.
- Return on equity (ROE) has shown some variability but generally stayed within the 6-9% range. In March 2024, ROE was 8.32%, indicating that the company generated 8.32 cents of profit for every dollar of shareholders' equity. This ratio helps assess the company's ability to generate returns for its shareholders.
Overall, it appears that Universal Corporation has been able to maintain a level of profitability across its various profitability ratios, with some fluctuations, indicating a decent performance in utilizing its assets and generating returns for both the company and its shareholders.