Wabash National Corporation (WNC)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 13.43% | 15.22% | 17.01% | 18.73% | 19.51% | 18.65% | 17.31% | 14.78% | 12.90% | 11.65% | 10.68% | 10.59% | 10.90% | 11.53% | 11.99% | 11.45% | 10.78% | 11.26% | 11.72% | 12.63% |
| Operating profit margin | -18.27% | -14.02% | 9.26% | 11.18% | 12.30% | 11.88% | 10.83% | 8.40% | 6.66% | 3.89% | 2.59% | 2.17% | 1.86% | 3.60% | 3.28% | 2.40% | -5.78% | -3.85% | -1.80% | 0.35% |
| Pretax margin | -19.35% | -14.94% | 8.47% | 10.45% | 11.62% | 11.20% | 10.11% | 7.63% | 5.85% | 2.60% | 1.19% | 0.58% | 0.07% | 2.19% | 1.75% | 0.81% | -7.37% | -5.31% | -3.05% | -0.76% |
| Net profit margin | -14.59% | -10.94% | 6.66% | 8.15% | 9.12% | 8.56% | 7.75% | 5.88% | 4.49% | 1.96% | 0.94% | 0.51% | 0.06% | 1.85% | 1.56% | 0.84% | -6.57% | -5.10% | -3.34% | -1.47% |
Wabash National Corporation's profitability ratios have shown fluctuating trends over the past few years. The gross profit margin has generally been decreasing from around 12% to below 15% in the latest quarter, indicating a decline in the company's ability to generate profits after accounting for the cost of goods sold.
The operating profit margin, on the other hand, has been more volatile, with both positive and negative margins recorded. The trend shows some improvement over time, but there are still periods with negative margins, particularly in the latter part of the period under review.
The pretax margin has also exhibited variability, with negative margins in some quarters followed by positive margins in others. There is a visible uptrend in the latest periods, suggesting the company has been able to improve its profitability before considering taxes.
The net profit margin, which represents the company's bottom line profitability after all expenses have been deducted, demonstrates a similar pattern to the pretax margin. The company has shown improvement in its net profit margins over time, although there are still quarters with negative margins, indicating challenges in managing expenses and generating profits.
Overall, Wabash National Corporation's profitability ratios reflect a mixed performance, with some signs of improvement in recent periods but continued challenges in maintaining consistent profitability levels.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -25.20% | -20.49% | 15.87% | 19.71% | 22.90% | 22.21% | 20.49% | 16.53% | 13.85% | 7.11% | 4.32% | 3.35% | 3.03% | 5.31% | 4.43% | 2.91% | -7.37% | -5.34% | -2.98% | 0.61% |
| Return on assets (ROA) | -20.13% | -15.99% | 11.41% | 14.38% | 16.97% | 16.00% | 14.67% | 11.56% | 9.33% | 3.58% | 1.57% | 0.79% | 0.11% | 2.73% | 2.11% | 1.02% | -8.39% | -7.07% | -5.51% | -2.60% |
| Return on total capital | -188.49% | -147.07% | 39.25% | 50.29% | 57.36% | 59.55% | 59.07% | 51.06% | 41.98% | 22.69% | 13.93% | 8.70% | 6.49% | 17.17% | 14.12% | 10.49% | -19.65% | -15.03% | -7.27% | 3.99% |
| Return on equity (ROE) | -150.44% | -116.03% | 27.77% | 36.30% | 42.08% | 42.86% | 42.24% | 35.67% | 28.23% | 12.63% | 6.01% | 2.93% | 0.36% | 8.28% | 6.21% | 3.10% | -24.06% | -21.27% | -16.01% | -8.08% |
Wabash National Corporation's profitability ratios show fluctuating trends over the reported periods.
- Operating Return on Assets (Operating ROA): The company's performance improved steadily from March 31, 2020, to December 31, 2023, with a significant peak at 22.90% on December 31, 2023, but declined in the last two quarters of 2024.
- Return on Assets (ROA): Similar to Operating ROA, ROA experienced growth until December 31, 2023, reaching its highest point at 16.97%. However, there was a sharp decline in the last two quarters of 2024.
- Return on Total Capital: The return on total capital showed strong growth from March 31, 2020, to December 31, 2023, with a peak of 59.55% on September 30, 2023, but dropped significantly in the last two quarters of 2024.
- Return on Equity (ROE): ROE followed a similar trajectory to the other ratios, improving up to December 31, 2023, where it reached 42.08%. However, it then declined substantially, resulting in negative values by the end of 2024.
In summary, Wabash National Corporation's profitability ratios demonstrated positive trends leading up to December 31, 2023, but experienced significant declines in the second half of 2024, particularly in ROE and Return on Total Capital. This suggests potential challenges in maintaining and growing profitability in the future.