Wabash National Corporation (WNC)
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 | 19.64% | 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% | 13.21% | 12.90% | 12.51% | 12.48% |
| Operating profit margin | 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% | 6.16% | 5.69% | 4.82% | 4.79% |
| Pretax margin | 11.59% | 11.18% | 10.09% | 7.60% | 5.83% | 2.58% | 1.18% | 0.58% | 0.07% | 2.20% | 1.75% | 0.81% | -7.37% | -5.30% | -3.05% | -0.75% | 5.08% | 4.65% | 3.72% | 3.80% |
| Net profit margin | 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% | 3.86% | 3.52% | 2.67% | 2.73% |
The profitability ratios of Wabash National Corp. have shown a positive trend over the quarters. The gross profit margin has steadily increased from 12.90% in Q4 2022 to 19.64% in Q4 2023, indicating the company's ability to efficiently manage production costs. The operating profit margin has also improved, reflecting effective cost control and operational efficiency.
Furthermore, the pretax margin and net profit margin have displayed consistent growth, highlighting the company's ability to generate profits after considering all expenses. The net profit margin, specifically, has seen significant improvement from 0.51% in Q1 2022 to 9.12% in Q4 2023, indicating an enhancement in the company's overall profitability.
Overall, the increasing trend in these profitability ratios suggests that Wabash National Corp. has been successful in enhancing its profitability and operational efficiency over the quarters, which may be perceived positively by investors and stakeholders.
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) | 22.89% | 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% | 10.94% | 9.70% | 8.15% | 7.85% |
| Return on assets (ROA) | 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% | 6.87% | 6.00% | 4.51% | 4.47% |
| Return on total capital | 33.19% | 33.94% | 32.46% | 26.39% | 20.98% | 10.01% | 5.85% | 4.03% | 3.24% | 7.73% | 6.36% | 4.25% | -9.97% | -7.42% | -3.79% | 1.13% | 14.86% | 13.87% | 11.57% | 11.78% |
| Return on equity (ROE) | 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% | 17.19% | 16.07% | 12.36% | 13.01% |
Wabash National Corp. has demonstrated a consistent improvement in its profitability ratios over the quarters.
1. Operating return on assets (Operating ROA) has shown an upward trend, increasing from 5.51% in Q1 2022 to 22.85% in Q4 2023. This indicates the company's ability to generate operating income relative to its total assets has significantly improved.
2. Return on assets (ROA) has also exhibited an increasing pattern, climbing from 0.79% in Q1 2022 to 16.97% in Q4 2023. This indicates that the company has been more effective in generating profits from its assets over time.
3. Return on total capital has consistently increased from 8.44% in Q1 2022 to 32.92% in Q4 2023. This metric reflects the company's efficiency in generating returns from both equity and debt sources.
4. Return on equity (ROE) has shown remarkable growth, improving from 2.93% in Q1 2022 to 42.08% in Q4 2023. This signifies that the company has been successful in generating profits for its shareholders relative to their equity investments.
Overall, the profitability ratios of Wabash National Corp. have displayed a positive trend, indicating enhanced operational efficiency and profitability over the quarters.