Allegro Microsystems Inc (ALGM)
Profitability ratios
Return on sales
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 23, 2022 | Sep 23, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 55.05% | 56.46% | 57.41% | 56.83% | 56.14% | 55.51% | 54.68% | 53.97% | 53.05% | 51.88% | 50.41% | 48.58% |
| Operating profit margin | 18.80% | 22.74% | 25.51% | 25.16% | 20.90% | 18.83% | 16.65% | 14.90% | 17.79% | 16.96% | 9.29% | 6.10% |
| Pretax margin | 18.65% | 22.91% | 26.32% | 25.91% | 21.71% | 19.16% | 16.67% | 15.11% | 18.31% | 17.18% | 7.41% | 3.82% |
| Net profit margin | 14.63% | 20.72% | 23.69% | 23.09% | 19.26% | 16.68% | 14.16% | 12.75% | 15.55% | 13.81% | 9.06% | 6.25% |
Allegro Microsystems Inc's profitability ratios have shown a positive trend over the past few quarters. The gross profit margin has been relatively stable, ranging from 48.58% to 57.41%. This indicates that the company has been consistently efficient in managing its production costs and generating gross profit.
The operating profit margin has shown improvement, increasing from 6.10% to 25.51%, highlighting the company's ability to control its operating expenses and generate operating profits from its core business activities.
The pretax margin has also demonstrated an upward trend, ranging from 3.82% to 26.32%. This implies that Allegro Microsystems Inc has been effective in managing its tax obligations and generating profits before taxes.
The net profit margin has shown steady growth, increasing from 6.25% to 23.69%. This improvement indicates that the company has been successful in controlling its overall expenses, including interest and taxes, and generating net income.
Overall, Allegro Microsystems Inc's profitability ratios reflect a positive trend, with consistent improvement in profit margins over the past few quarters, indicating efficient cost management and strong operational performance.
Return on investment
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 23, 2022 | Sep 23, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 12.82% | 15.55% | 21.20% | 21.01% | 17.21% | 15.72% | 14.33% | 12.87% | 15.31% | 14.78% | 8.22% | 5.00% |
| Return on assets (ROA) | 9.98% | 14.17% | 19.69% | 19.28% | 15.86% | 13.93% | 12.19% | 11.01% | 13.38% | 12.03% | 8.02% | 5.12% |
| Return on total capital | 14.88% | 18.16% | 25.30% | 25.65% | 21.54% | 19.09% | 16.94% | 15.40% | 18.57% | 18.05% | 9.70% | 6.20% |
| Return on equity (ROE) | 13.51% | 19.55% | 23.06% | 23.18% | 19.40% | 16.90% | 14.66% | 13.38% | 16.26% | 14.75% | 9.83% | 6.60% |
Allegro Microsystems Inc's profitability ratios show a fluctuating trend over the periods analyzed.
The Operating Return on Assets (Operating ROA) has ranged from 8.22% to 21.20% over the past year, with a peak of 21.20% in September 2023. This indicates that the company's operating income generated from its assets has varied, with a downward trend in recent quarters.
Return on Assets (ROA) has shown a similar pattern, ranging from 8.02% to 19.69%. The highest ROA of 19.69% was achieved in September 2023, reflecting the company's ability to generate profits relative to its total assets, albeit with some volatility.
Return on Total Capital has fluctuated between 6.20% and 25.65% over the periods examined. The highest return of 25.65% in September 2023 suggests that Allegro Microsystems has efficiently utilized its total capital to generate returns, although this ratio also displays variability.
Return on Equity (ROE) has similarly shown variability, ranging from 6.60% to 23.18%. The highest ROE was observed in March 2024, indicating the company's ability to generate profits for its shareholders relative to their equity investments.
Overall, while Allegro Microsystems Inc has experienced fluctuations in profitability ratios, the upward trend in some periods demonstrates the company's ability to generate returns on its assets, total capital, and equity, albeit with some volatility.