Earnings Summary

Ingles Markets Inc’s revenue jumped 100153.1% since last year same period to $1380604.14Mn in the Q1 2023. On a quarterly growth basis, Ingles Markets Inc has generated 92352.36% jump in its revenue since last 3-months.

Ingles Markets Inc’s net profit jumped 58960.33% since last year same period to $40539.81Mn in the Q1 2023. On a quarterly growth basis, Ingles Markets Inc has generated 58338.72% jump in its net profits since last 3-months.

Ingles Markets Inc’s net profit margin fell -41.09% since last year same period to 2.94% in the Q1 2023. On a quarterly growth basis, Ingles Markets Inc has generated -36.79% fall in its net profit margins since last 3-months.

Ingles Markets Inc’s price-to-earnings ratio after this Q1 2023 earnings stands at 6.32.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Ingles Markets Inc’s return on assets (ROA) stands at 0.1.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Ingles Markets Inc’s return on equity (ROE) stands at 0.2.