Azenta Inc (AZTA)
Profitability ratios
Return on sales
| Sep 30, 2024 | Jun 30, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 40.45% | 39.55% | 39.72% | 38.83% | 39.27% | 40.00% | 40.90% | 44.11% | 46.09% | 48.00% | 36.51% | 29.24% | 24.94% | 24.26% | 24.24% | 23.98% | 22.86% | 1.45% | 5.08% | 8.56% |
| Operating profit margin | -30.82% | -30.95% | -31.37% | -11.17% | -10.91% | -11.24% | -10.08% | -8.76% | -4.46% | -5.71% | -3.72% | -3.66% | -3.18% | -1.18% | -2.62% | -3.04% | -4.86% | -9.47% | -7.30% | -5.48% |
| Pretax margin | -25.71% | -24.95% | -24.48% | -4.93% | -4.75% | -7.20% | -7.55% | 349.59% | 384.88% | 393.15% | 301.46% | 12.08% | 9.27% | 9.88% | 8.69% | 8.21% | 6.76% | 34.54% | 34.72% | 35.18% |
| Net profit margin | -25.21% | -23.52% | -22.94% | -2.90% | -2.13% | -6.07% | -7.77% | 349.36% | 384.65% | 396.09% | 304.78% | 14.77% | 11.33% | 12.43% | 10.82% | 9.78% | 8.61% | 35.96% | 35.98% | 36.87% |
Azenta Inc's profitability ratios have shown significant fluctuations over the past few quarters. The gross profit margin has generally been within the range of 39%-48%, with some variability. This indicates that the company is able to effectively manage its production costs and generate profits from its core operations.
However, the operating profit margin has been consistently negative, indicating that the company is incurring operating losses. This trend is concerning as it suggests that Azenta Inc may be facing challenges in controlling its operating expenses and generating profits from its day-to-day activities.
The pretax margin and net profit margin also show a mix of negative and extremely high positive values. This suggests substantial volatility in the company's earnings before and after accounting for taxes. The fluctuations in these margins could be attributed to one-off events, tax-related items, or significant changes in revenue and expenses.
Overall, Azenta Inc's profitability ratios indicate a lack of consistency in generating profits from its operations. The company may need to closely evaluate its cost structure, revenue streams, and operational efficiency to improve its profitability in the future.
Return on investment
| Sep 30, 2024 | Jun 30, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -9.56% | -8.82% | -8.04% | -2.55% | -2.53% | -2.32% | -1.86% | -1.58% | -0.67% | -0.84% | -0.65% | -1.71% | -1.71% | -0.64% | -1.35% | -1.50% | -2.35% | -7.85% | -6.06% | -4.16% |
| Return on assets (ROA) | -7.82% | -6.71% | -5.88% | -0.66% | -0.49% | -1.25% | -1.43% | 63.12% | 57.39% | 58.44% | 53.48% | 6.90% | 6.09% | 6.69% | 5.56% | 4.82% | 4.16% | 29.80% | 29.86% | 27.97% |
| Return on total capital | -11.34% | -10.30% | -9.27% | -2.95% | -2.42% | -2.31% | -1.64% | 72.57% | 63.59% | 63.13% | 63.58% | 7.53% | 6.74% | 7.07% | 5.83% | 5.23% | 4.26% | 35.42% | 36.05% | 35.89% |
| Return on equity (ROE) | -9.28% | -7.83% | -6.78% | -0.77% | -0.56% | -1.41% | -1.61% | 72.38% | 63.41% | 63.46% | 64.19% | 9.36% | 8.36% | 9.02% | 7.30% | 6.22% | 5.34% | 38.15% | 38.05% | 37.63% |
The profitability ratios of Azenta Inc show a mixed performance over the periods analyzed.
- Operating return on assets (Operating ROA) remained consistently negative, indicating that the company was not effectively generating profits from its operations relative to its assets.
- Return on assets (ROA) also showed negative values for most periods, suggesting that the company's overall profitability in relation to its total assets was not favorable.
- Return on total capital exhibited negative values as well, indicating that the company's ability to generate returns from its total invested capital was not optimal.
- Return on equity (ROE) fluctuated significantly, with both negative and positive values observed across the periods. This suggests variations in the company's earnings available to equity shareholders relative to their investment.
Overall, the company's profitability ratios reflect challenges in effectively utilizing assets and capital to generate returns, as indicated by the negative values in most ratios. An improvement in operational efficiency and profitability may be required to enhance overall financial performance and shareholder value.