Advanced Micro Devices Inc (AMD)
Profitability ratios
Return on sales
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 45.66% | 44.85% | 43.55% | 43.83% | 44.83% | 46.68% | 48.10% | 48.59% | 48.31% | 46.98% | 45.89% | 45.02% | 44.82% | 44.86% | 45.11% | 44.53% | 43.17% | 41.46% | 40.28% | 39.33% |
| Operating profit margin | 1.75% | -0.41% | -1.72% | 0.73% | 5.34% | 11.51% | 16.87% | 20.89% | 22.23% | 20.34% | 18.91% | 16.31% | 14.12% | 13.38% | 11.76% | 10.83% | 9.50% | 5.25% | 4.73% | 6.12% |
| Pretax margin | 2.22% | 0.02% | -1.48% | 0.75% | 5.07% | 11.13% | 16.75% | 20.85% | 22.39% | 20.41% | 18.20% | 15.45% | 13.20% | 10.92% | 8.79% | 7.56% | 5.60% | 2.87% | 2.70% | 4.01% |
| Net profit margin | 3.73% | 0.94% | -0.11% | 1.71% | 5.58% | 9.99% | 14.53% | 18.00% | 19.27% | 26.81% | 25.86% | 25.37% | 25.68% | 10.25% | 8.10% | 6.85% | 5.13% | 3.53% | 3.29% | 4.51% |
Advanced Micro Devices Inc has shown varying levels of profitability over the past few quarters. The gross profit margin has been relatively stable, ranging from 39.33% to 48.59%, indicating that the company has been able to maintain a consistent level of profitability on its products after accounting for the cost of goods sold.
However, the operating profit margin has fluctuated significantly, with negative margins in some quarters and a high of 22.23% in the most recent quarter. This suggests that AMD has experienced challenges in controlling its operating expenses, impacting its overall profitability.
The pretax margin has also shown variability, ranging from -1.48% to 22.39%, indicating fluctuations in AMD's ability to generate profit before accounting for taxes. This could be influenced by factors such as changes in revenue, operating expenses, and non-operating income.
The net profit margin, which reflects the company's bottom line profitability after all expenses have been deducted, has shown a similar level of volatility. It has ranged from -0.11% to 26.81%, with the most recent quarter showing a strong net profit margin of 18.00%.
Overall, while AMD has demonstrated the ability to achieve strong profitability in some quarters, the fluctuating margins suggest that the company may be facing challenges in optimizing its costs and operations consistently. An in-depth analysis of the underlying reasons for these fluctuations would be necessary to fully understand AMD's profitability trends.
Return on investment
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 0.59% | -0.13% | -0.56% | 0.25% | 1.87% | 3.86% | 5.38% | 5.88% | 29.37% | 27.00% | 23.50% | 18.45% | 15.28% | 16.33% | 13.43% | 13.13% | 10.47% | 5.92% | 5.39% | 7.48% |
| Return on assets (ROA) | 1.26% | 0.31% | -0.04% | 0.58% | 1.95% | 3.35% | 4.64% | 5.07% | 25.46% | 35.59% | 32.14% | 28.70% | 27.78% | 12.52% | 9.25% | 8.30% | 5.66% | 3.98% | 3.74% | 5.52% |
| Return on total capital | 1.07% | 0.18% | -0.39% | 0.48% | 2.25% | 4.58% | 6.35% | 6.98% | 49.47% | 42.82% | 33.30% | 26.49% | 21.52% | 23.40% | 19.24% | 17.50% | 14.07% | 9.02% | 9.14% | 12.77% |
| Return on equity (ROE) | 1.53% | 0.38% | -0.05% | 0.72% | 2.41% | 4.17% | 5.67% | 6.13% | 42.18% | 55.62% | 48.63% | 44.51% | 42.66% | 22.73% | 18.43% | 16.04% | 12.06% | 9.60% | 10.05% | 15.21% |
The profitability ratios of Advanced Micro Devices Inc show fluctuations over the past few quarters.
1. Operating return on assets (Operating ROA) has shown a declining trend from 3.86% in Sep 2022 to -0.56% in Jun 2023 and then a slight recovery to 0.59% in Dec 2023. This indicates that the company's operating efficiency in generating profits from its assets has been deteriorating recently.
2. Return on assets (ROA) also experienced variability, with a peak of 35.59% in Sep 2021 followed by a decline to 1.26% in Dec 2023. This suggests that the overall profitability in relation to its total assets has been inconsistent.
3. Return on total capital has been relatively stable but with some fluctuations. The ratio ranged from a low of -0.39% in Jun 2023 to a high of 49.47% in Dec 2021. This ratio reflects the company's ability to generate returns for both equity and debt holders.
4. Return on equity (ROE) also displays fluctuations, with peaks around 55.62% in Sep 2021 and lows around -0.05% in Jun 2023. ROE indicates the company's profitability in relation to shareholder equity, and the variations may reflect changes in profitability and financial leverage.
Overall, the profitability ratios of Advanced Micro Devices Inc suggest a mixed performance in recent quarters, highlighting the need for further analysis to understand the factors driving the fluctuations in profitability.
See also:
Advanced Micro Devices Inc Profitability Ratios (Quarterly Data)