Artivion Inc (AORT)
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 | 69.22% | 70.11% | 69.76% | 69.31% | 68.28% | 66.55% | 66.22% | 65.71% | 66.09% | 66.38% | 66.39% | 66.48% | 66.26% | 66.56% | 66.66% | 66.48% | 66.26% | 66.22% | 66.09% | 66.33% |
| Operating profit margin | 1.73% | 2.15% | 1.27% | 0.24% | 2.09% | -2.38% | 3.78% | 2.72% | 2.72% | 6.74% | 2.97% | 1.97% | 0.96% | 1.63% | 2.03% | 4.96% | 6.17% | 5.90% | 5.94% | 5.59% |
| Pretax margin | -6.52% | -5.67% | -6.87% | -7.24% | -5.05% | -11.26% | -4.55% | -4.18% | -4.96% | 0.41% | -3.91% | -5.25% | -6.78% | -6.09% | -4.79% | -1.76% | 0.60% | -0.50% | 0.64% | -0.42% |
| Net profit margin | -9.27% | -7.86% | -9.39% | -9.89% | -6.47% | -13.59% | -5.63% | -4.95% | -4.96% | 0.63% | -4.15% | -5.10% | -6.59% | -5.45% | -4.33% | -1.69% | 0.62% | 0.59% | 1.23% | 0.27% |
Artivion Inc's profitability ratios exhibit a consistent trend over the past eight quarters. The gross profit margin has remained relatively stable, ranging from 64.27% to 65.71%, indicating efficient management of production costs.
However, the operating profit margin shows a concerning pattern, fluctuating between -3.17% and 1.98%. This suggests that the company's operating expenses are not consistently controlled, leading to periodic losses at the operating level.
The pretax margin and net profit margin also reflect this trend, with negative values recorded in most quarters. Artivion Inc appears to struggle with profitability before and after accounting for taxes, facing challenges in generating sufficient revenues to cover expenses.
Overall, Artivion Inc's financial performance highlights the importance of addressing cost management and revenue generation strategies to improve profitability and sustain long-term success in the market.
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) | 0.72% | 0.86% | 0.49% | 0.09% | 0.81% | -0.98% | 1.51% | 1.06% | 1.02% | 2.37% | 1.03% | 0.64% | 0.31% | 0.53% | 0.75% | 2.20% | 2.81% | 2.73% | 2.70% | 2.56% |
| Return on assets (ROA) | -3.87% | -3.17% | -3.66% | -3.87% | -2.52% | -5.58% | -2.24% | -1.93% | -1.87% | 0.22% | -1.44% | -1.66% | -2.11% | -1.78% | -1.61% | -0.75% | 0.28% | 0.27% | 0.56% | 0.12% |
| Return on total capital | 0.63% | 1.16% | 0.31% | -0.19% | 0.55% | -3.13% | 0.37% | 0.44% | 0.11% | 2.82% | 1.01% | 0.62% | -0.14% | -0.05% | 0.27% | 1.76% | 3.31% | 2.81% | 3.51% | 3.05% |
| Return on equity (ROE) | -10.89% | -9.03% | -10.07% | -10.48% | -6.75% | -16.25% | -6.10% | -5.07% | -4.93% | 0.58% | -3.86% | -4.42% | -5.07% | -4.27% | -3.77% | -1.68% | 0.60% | 0.59% | 1.18% | 0.26% |
Artivion Inc's profitability ratios indicate varying levels of performance over the quarters analyzed.
- Operating return on assets (Operating ROA) fluctuated between -1.07% to 0.09% during Q4 2023 to Q1 2023, showing inconsistent operational efficiency in generating profits from its assets.
- Return on assets (ROA) demonstrates a downward trend from -2.50% in Q4 2022 to -3.86% in Q4 2023, indicating a decrease in the company's ability to generate profits from its total assets.
- Return on total capital ranged from -1.75% to 1.04% during the quarters, with negative values in most quarters, suggesting that the company struggles to generate returns on the total capital employed in its operations.
- Return on equity (ROE) also exhibits a declining trend from -5.04% in Q1 2022 to -10.85% in Q4 2023, indicating decreasing profitability relative to shareholders' equity.
Overall, Artivion Inc's profitability ratios indicate a challenging financial performance, with declining returns on assets, total capital, and equity over the quarters analyzed. The company may need to focus on improving operational efficiency and profitability to enhance its financial performance in the future.