Azenta Inc (AZTA)
Profitability ratios
Return on sales
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 40.52% | 39.44% | 9.53% | 48.65% | 19.39% |
| Operating profit margin | -30.87% | -10.96% | -0.92% | -6.20% | -4.12% |
| Pretax margin | -25.74% | -4.77% | 79.54% | 18.09% | 5.73% |
| Net profit margin | -25.26% | -2.14% | 79.49% | 22.10% | 7.30% |
Azenta Inc's profitability ratios have shown significant fluctuations over the past five years. The gross profit margin has varied widely, with a notable improvement from 2022 to 2023, reaching 40.52% in 2024. However, the operating profit margin has been consistently negative, indicating that the company's core operations have not been profitable.
The pretax margin was strong in 2022 and 2021 but turned negative in 2023 and 2024, suggesting challenges in managing operating expenses and non-operating income. Similarly, the net profit margin also experienced fluctuations, with a significant decrease in 2024 compared to the peak in 2022.
Overall, Azenta Inc's profitability has been volatile, with a combination of improving gross profit margins but negative operating and net profit margins in recent years. This indicates a need for the company to focus on controlling expenses and enhancing operational efficiency to improve overall profitability.
Return on investment
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -9.56% | -2.53% | -0.67% | -1.71% | -2.35% |
| Return on assets (ROA) | -7.82% | -0.49% | 57.39% | 6.09% | 4.16% |
| Return on total capital | -11.34% | -2.89% | 63.59% | 6.74% | 4.26% |
| Return on equity (ROE) | -9.28% | -0.56% | 63.41% | 8.36% | 5.34% |
Azenta Inc's profitability ratios show mixed performance over the past five years. The Operating Return on Assets (Operating ROA) has been consistently negative, indicating that the company is not effectively generating profits from its assets. The Return on Assets (ROA) also shows a downward trend, with a sharp decline from 2022 to 2024, indicating a decrease in the company's ability to generate profit relative to its total assets.
The Return on Total Capital has also declined over the years, with negative values in 2024, 2023, and 2021. This suggests that the company is not efficiently utilizing its total capital to generate returns for its stakeholders. The Return on Equity (ROE) follows a similar trend, showing a decrease from 2022 to 2024, indicating a declining profitability relative to shareholders' equity.
Overall, Azenta Inc's profitability ratios reflect challenges in effectively utilizing assets, generating returns on investments, and creating value for shareholders. Management may need to review and potentially adjust its strategies to improve profitability and financial performance.