Appfolio Inc (APPF)
Profitability ratios
Return on sales
| Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 30.82% | 21.00% | 18.78% | 14.38% | 4.81% | 9.36% | 4.97% | 10.67% | 21.43% | 22.44% | 22.64% | 22.99% | 23.68% | 25.43% | 26.17% | 26.66% | 25.38% | 24.14% | 25.18% | 25.70% |
| Operating profit margin | 9.05% | 0.15% | -8.17% | -10.26% | -16.68% | -15.30% | -13.45% | -12.52% | -5.40% | -3.30% | -2.17% | -1.21% | 0.41% | 3.17% | 4.17% | 4.67% | 3.47% | 2.54% | 3.81% | 4.72% |
| Pretax margin | 10.32% | 1.27% | -7.29% | -8.73% | -15.30% | -14.10% | -9.48% | -9.45% | -2.02% | 0.48% | -1.55% | 57.24% | 60.10% | 63.87% | 65.48% | 4.07% | 2.87% | 1.90% | 3.28% | 4.43% |
| Net profit margin | 11.24% | 0.43% | -8.18% | -14.53% | -17.61% | -14.40% | -11.20% | -11.02% | -3.56% | 0.29% | 0.55% | 43.13% | 49.78% | 51.39% | 53.95% | 10.68% | 12.80% | 14.26% | 14.51% | 15.88% |
Appfolio Inc's profitability ratios have shown varying trends over the past quarters.
- Gross profit margin has fluctuated, with a significant increase to 30.82% in March 2024, compared to a low of 4.81% in March 2023. This indicates an improvement in the efficiency of production and sales.
- Operating profit margin has also been volatile, ranging from -16.68% in March 2023 to 9.05% in March 2024. The company's operating expenses seem to have had a significant impact on its profitability.
- Pretax margin reflects the company's ability to generate profits before accounting for taxes. The margin increased sharply to 10.32% in March 2024, compared to a low of -15.30% in March 2023, indicating better pre-tax profitability.
- Net profit margin, which measures the company's bottom line profitability, ranged from -17.61% in March 2023 to 11.24% in March 2024. The company managed to improve its net profit margin over recent quarters.
In summary, Appfolio Inc's profitability has shown positive improvements in recent quarters, with an increase in gross, operating, pre-tax, and net profit margins. However, the company has experienced volatility in its profitability ratios, indicating the need for continued monitoring and strategic financial management.
Return on investment
| Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 14.04% | 0.24% | -12.47% | -15.65% | -22.72% | -18.98% | -15.53% | -13.84% | -5.22% | -2.91% | -1.79% | -0.98% | 0.34% | 2.51% | 3.27% | 4.18% | 3.19% | 2.48% | 3.88% | 4.61% |
| Return on assets (ROA) | 17.43% | 0.66% | -12.48% | -22.16% | -23.99% | -17.87% | -12.93% | -12.18% | -3.43% | 0.25% | 0.45% | 35.00% | 41.43% | 40.67% | 42.29% | 9.57% | 11.77% | 13.95% | 14.76% | 15.50% |
| Return on total capital | 18.16% | 0.32% | -17.98% | -24.33% | -35.01% | -27.25% | -21.98% | -19.61% | -7.23% | -3.99% | -2.50% | -1.36% | 0.45% | 3.42% | 4.44% | 5.59% | 4.24% | 3.60% | 5.24% | 6.26% |
| Return on equity (ROE) | 22.55% | 0.91% | -18.00% | -34.46% | -36.97% | -25.65% | -18.30% | -17.26% | -4.76% | 0.35% | 0.63% | 48.62% | 54.90% | 55.40% | 57.41% | 21.21% | 27.66% | 27.50% | 27.51% | 29.65% |
Appfolio Inc's profitability ratios have shown significant fluctuations over the past few quarters. Starting with the Operating Return on Assets (Operating ROA), we see a pattern of improvement from negative values in the last three quarters. The latest figure of 14.04% indicates a positive trend, suggesting that the company is generating a higher operating profit per dollar of assets compared to previous periods.
Moving on to the Return on Assets (ROA), we observe a similar upward trend from negative values to a positive 17.43% in the most recent quarter. This indicates that the company is effectively utilizing its assets to generate profits for its shareholders.
The Return on Total Capital also shows an improvement over the quarters, with the latest figure at 18.16%, reflecting the company's ability to generate returns for both debt and equity holders. This metric demonstrates how efficiently the company is using its total capital to generate profits.
Lastly, the Return on Equity (ROE) has shown a similar positive trajectory, with the latest figure standing at 22.55%. This implies that the company is generating a higher return for its equity investors relative to previous quarters.
In summary, Appfolio Inc's profitability ratios have been on an upward trend, indicating improved efficiency in generating profits from its assets, capital, and equity. These metrics suggest positive prospects for the company's financial performance and potential returns for its stakeholders.