Wolverine World Wide Inc (WWW)
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 | 43.82% | 41.66% | 40.58% | 40.03% | 38.90% | 37.95% | 37.96% | 39.16% | 39.87% | 41.75% | 42.51% | 42.43% | 42.65% | 42.47% | 41.92% | 41.67% | 41.07% | 40.28% | 40.72% | 40.44% |
| Operating profit margin | 4.77% | -8.00% | -8.04% | -5.42% | -3.04% | 3.89% | 4.84% | 5.80% | 4.81% | 5.52% | 5.05% | 4.65% | 6.45% | -1.73% | -1.85% | -5.15% | -7.65% | 3.27% | 4.44% | 6.19% |
| Pretax margin | 3.51% | -9.47% | -10.09% | -8.67% | -5.98% | -16.70% | -14.28% | -8.86% | -9.42% | 7.31% | 5.76% | 1.85% | 3.33% | -5.40% | -4.32% | -7.95% | -10.28% | 1.42% | 2.92% | 4.97% |
| Net profit margin | 2.71% | -3.82% | -4.44% | -3.60% | -1.77% | -12.99% | -10.99% | -6.71% | -7.01% | 5.95% | 4.93% | 1.91% | 3.19% | -3.46% | -3.03% | -5.98% | -7.64% | 1.74% | 3.00% | 4.61% |
Wolverine World Wide Inc's profitability ratios show fluctuations over the analyzed periods.
The Gross Profit Margin has been relatively stable, reaching its peak at 43.82% in December 2024. This ratio indicates the company's ability to generate profit from its sales after deducting the cost of goods sold.
In contrast, the Operating Profit Margin and Pretax Margin have depicted more volatility. The Operating Profit Margin was negative in some quarters, notably at its lowest point of -8.04% in June 2024, due to higher operating expenses impacting profitability. Similarly, the Pretax Margin also exhibited variability, with negative values recorded in several periods, indicating challenges in generating profits before accounting for taxes.
The Net Profit Margin, representing the profitability after all expenses, shows a pattern similar to the Operating and Pretax Margins, with negative values seen in multiple quarters. However, there was an improvement in the profitability in December 2024, with a Net Profit Margin of 2.71%.
Overall, Wolverine World Wide Inc has experienced fluctuations in its profitability margins, reflecting challenges in maintaining consistent profitability levels over the analyzed periods.
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) | 5.02% | -8.13% | -8.40% | -5.96% | -3.31% | 4.15% | 5.22% | 6.41% | 5.18% | 4.62% | 4.45% | 4.27% | 6.02% | -1.48% | -1.72% | -4.23% | -6.41% | 2.47% | 3.38% | 4.92% |
| Return on assets (ROA) | 2.85% | -3.88% | -4.63% | -3.96% | -1.92% | -13.86% | -11.86% | -7.41% | -7.55% | 4.98% | 4.34% | 1.76% | 2.98% | -2.95% | -2.83% | -4.91% | -6.40% | 1.32% | 2.29% | 3.67% |
| Return on total capital | 22.74% | -42.07% | -51.62% | -40.83% | -26.42% | -92.94% | -82.77% | -88.43% | -85.16% | 16.18% | 8.84% | 7.31% | 11.36% | -12.45% | -5.70% | -12.75% | -18.97% | 12.20% | 14.99% | 19.68% |
| Return on equity (ROE) | 10.54% | -23.67% | -31.74% | -29.07% | -14.21% | -85.25% | -76.21% | -54.81% | -55.55% | 24.04% | 19.89% | 8.08% | 11.95% | -12.62% | -10.03% | -17.82% | -23.89% | 4.36% | 8.04% | 13.72% |
Wolverine World Wide Inc's profitability ratios show varying trends over the periods analyzed.
- Operating return on assets (Operating ROA) fluctuated between -8.40% in June 2024 and 6.41% in March 2023, indicating inconsistent operating efficiency in generating profits from its assets.
- Return on assets (ROA) ranged from -13.86% in September 2023 to 4.98% in September 2022, with significant negative values in certain periods, suggesting challenges in effective asset utilization and profitability.
- Return on total capital saw a wide range from -92.94% in September 2023 to 22.74% in December 2024, demonstrating volatility in generating returns on the total invested capital over the analyzed periods.
- Return on equity (ROE) displayed a similar pattern with values fluctuating from -85.25% in September 2023 to 24.04% in September 2022, indicating inconsistencies in the company's ability to generate returns for its equity shareholders.
Overall, Wolverine World Wide Inc's profitability ratios reflect a mixed performance with periods of both strong profitability and challenges in generating returns on assets, capital, and equity. Management may need to focus on improving operational efficiency and enhancing profitability to ensure sustained positive performance in the future.