Earnings Summary

Ingles Markets Inc’s revenue fell -0.82% since last year same period to $1481.06Mn in the Q4 2023. On a quarterly growth basis, Ingles Markets Inc has generated -6.56% fall in its revenue since last 3-months.

Ingles Markets Inc’s net profit fell -37.45% since last year same period to $43.39Mn in the Q4 2023. On a quarterly growth basis, Ingles Markets Inc has generated -17.57% fall in its net profits since last 3-months.

Ingles Markets Inc’s net profit margin fell -36.93% since last year same period to 2.93% in the Q4 2023. On a quarterly growth basis, Ingles Markets Inc has generated -11.78% fall in its net profit margins since last 3-months.

Ingles Markets Inc’s price-to-earnings ratio after this Q4 2023 earnings stands at 7.51.

Ingles Markets Inc’s earning per share (EPS) fell -37.41% since last year same period to 2.28 in the Q4 2023. This indicates that the Ingles Markets Inc has generated -37.41% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

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 0.07.

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 0.13.

Ingles Markets Inc declared 0.17 dividend per share during the earnings announcement for Q4 2023.