Woodward Inc (WWD)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 15.67% | 15.29% | 14.66% | 12.42% | 10.80% | 10.17% | 8.99% | 10.56% | 10.90% | 11.18% | 11.36% | 11.89% | 12.77% | 34.08% | 33.08% | 33.02% | 30.82% | 35.65% | 35.63% | 34.43% |
| Operating profit margin | 1.11% | 0.68% | 0.14% | -2.78% | -4.85% | -5.39% | -6.85% | -4.31% | -4.21% | -4.22% | -4.36% | -3.64% | -2.89% | 21.92% | 19.02% | 18.90% | 16.32% | 21.79% | 23.44% | 21.82% |
| Pretax margin | 13.71% | 14.01% | 13.75% | 11.66% | 9.62% | 8.62% | 7.06% | 7.99% | 8.49% | 8.90% | 9.51% | 10.64% | 11.10% | 11.57% | 11.11% | 11.69% | 11.39% | 10.84% | 11.63% | 10.91% |
| Net profit margin | 11.26% | 11.58% | 11.24% | 9.65% | 8.11% | 7.46% | 6.22% | 7.04% | 7.30% | 7.34% | 7.96% | 8.90% | 9.42% | 9.89% | 9.55% | 9.97% | 9.71% | 9.33% | 9.56% | 8.98% |
Woodward Inc's profitability ratios have shown some fluctuations over the past few quarters. The gross profit margin has ranged from 8.99% to 15.67%, indicating some variability in the company's ability to generate profits after accounting for the cost of goods sold.
The operating profit margin has also varied, with a low of -6.85% to a high of 1.11%. This suggests that Woodward has had mixed success in controlling its operating expenses and maximizing efficiency in its operations.
The pretax margin has shown a similar trend, ranging from 7.06% to 14.01%. This metric reflects the company's ability to generate profits before accounting for taxes, and the fluctuations may indicate changes in the company's tax structure or overall profitability.
Lastly, the net profit margin has varied between 6.22% and 11.58%. This ratio represents the company's bottom-line profitability after all expenses have been deducted, and the fluctuations may be influenced by factors such as operating efficiency, tax expenses, and other one-time items.
Overall, Woodward Inc's profitability ratios indicate some degree of volatility in its financial performance, highlighting the importance of monitoring and analyzing these metrics to assess the company's profitability and financial health consistently.
Return on investment
| 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 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 0.84% | 0.50% | 0.10% | -2.04% | -3.47% | -3.67% | -4.35% | -2.69% | -2.60% | -2.57% | -2.49% | -2.00% | -1.56% | 11.71% | 10.18% | 10.94% | 10.35% | 14.95% | 16.77% | 16.00% |
| Return on assets (ROA) | 8.54% | 8.62% | 8.13% | 7.09% | 5.79% | 5.08% | 3.95% | 4.39% | 4.51% | 4.46% | 4.55% | 4.89% | 5.10% | 5.28% | 5.11% | 5.77% | 6.16% | 6.40% | 6.84% | 6.58% |
| Return on total capital | 18.28% | 18.25% | 16.15% | 14.14% | 11.91% | 10.27% | 8.34% | 8.93% | 8.98% | 9.02% | 8.82% | 9.13% | 9.50% | 9.78% | 9.56% | 10.81% | 11.64% | 12.38% | 13.54% | 14.31% |
| Return on equity (ROE) | 17.14% | 17.24% | 15.23% | 13.37% | 11.22% | 9.77% | 7.88% | 8.82% | 9.03% | 8.77% | 8.63% | 8.88% | 9.42% | 9.81% | 9.64% | 11.08% | 12.06% | 13.09% | 14.55% | 14.67% |
Woodward Inc's profitability ratios have shown some fluctuations over the past several quarters.
- Operating return on assets (Operating ROA) has generally been in positive territory, with a recent increase from 0.50% in June 2024 to 0.84% in September 2024. This ratio indicates how well the company is generating profits from its assets solely from its operations.
- Return on assets (ROA) has also been positive, ranging from 3.95% to 8.62% over the period. The company has shown an improvement in utilizing its total assets to generate profits, with a peak in September 2021 at 16.77%.
- Return on total capital has been fluctuating, ranging from 8.34% to 18.28%. This ratio shows the overall efficiency of the company in generating returns from its total invested capital, including both equity and debt.
- Return on equity (ROE) has varied from 7.88% to 17.24%. It indicates the company's ability to generate profits from shareholders' equity. The recent increase from 9.77% in June 2024 to 17.24% in September 2024 signifies an improvement in the company's profitability relative to its shareholders' investments.
Overall, Woodward Inc's profitability ratios suggest a mix of improving and fluctuating performance in generating profits relative to its assets, capital, and equity.