Bill Com Holdings Inc (BILL)
Profitability ratios
Return on sales
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | |
|---|---|---|---|---|---|
| Gross profit margin | 81.40% | 81.82% | 81.67% | 77.41% | 74.06% |
| Operating profit margin | 1.69% | -13.50% | -27.94% | -49.35% | -47.83% |
| Pretax margin | 2.08% | -2.04% | -21.06% | -51.51% | -58.48% |
| Net profit margin | 1.63% | -2.24% | -21.14% | -50.84% | -41.43% |
The profitability ratios of Bill Com Holdings Inc. have demonstrated notable trends over the analyzed period from June 30, 2021, to June 30, 2025.
Gross Profit Margin has shown a consistent upward trajectory, increasing from 74.06% in 2021 to 81.82% in 2024, with a slight decline to 81.40% in 2025. This indicates that the company has been able to steadily improve its core profitability by maintaining or enhancing its cost control and pricing strategies, resulting in higher gross margins over time.
In contrast, the Operating Profit Margin has significantly improved from negative values, indicating losses, to positive territory. It rose from -47.83% in 2021 to -27.94% in 2023 and progressed to -13.50% in 2024, finally turning positive at 1.69% in 2025. This progression reflects ongoing efforts to reduce operating expenses relative to revenue, leading to operational profitability in recent years.
Similarly, the Pretax Margin has moved from substantial negative figures, such as -58.48% in 2021, to a narrowing deficit of -21.06% in 2023, and further to slight profit of 2.08% in 2025. This demonstrates an overall improvement in the company’s pretax profitability, aligning with the positive trend observed in operating margins.
Finally, the Net Profit Margin has mirrored the pattern observed in pretax margins, rising from -41.43% in 2021 to -21.14% in 2023, and reaching a positive 1.63% in 2025. This indicates that the company has succeeded in transforming its financial performance from losses into gains after considering all expenses, taxes, and other income.
Overall, the data reflects a transition from substantial negative profitability measures in 2021 and 2022 towards sustained profitability by 2025. The upward movement across all profitability ratios suggests substantial operational improvements, enhanced cost management, and revenue growth, positioning Bill Com Holdings Inc. on a promising trajectory of financial recovery and sustained profitability.
Return on investment
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 0.25% | -1.90% | -3.07% | -3.42% | -1.91% |
| Return on assets (ROA) | 0.24% | -0.31% | -2.32% | -3.53% | -1.65% |
| Return on total capital | 0.78% | -0.17% | -5.08% | -7.94% | -4.40% |
| Return on equity (ROE) | 0.61% | -0.70% | -5.48% | -8.07% | -3.90% |
The profitability ratios for Bill Com Holdings Inc. over the period from June 30, 2021, to June 30, 2025, reveal a gradual improvement in financial performance.
Beginning with the Operating Return on Assets (Operating ROA), the company experienced negative values in all periods, indicating that core operating activities were unprofitable. Specifically, the Operating ROA was at -1.91% in 2021, deteriorated further to -3.42% in 2022, and remained negative at -3.07% in 2023. A slight recovery occurred in 2024, with the figure improving back to -1.90%, approaching break-even, and by 2025, it turned positive at 0.25%, signaling that operating efficiency has shown signs of improvement.
The Return on Assets (ROA), reflecting overall profitability inclusive of all activities, followed a similar trend. It was negative in all periods, starting at -1.65% in 2021, worsening to -3.53% in 2022, and improving marginally to -2.32% in 2023. The recovery continued in 2024, with ROA moving closer to zero at -0.31%, and further improved to 0.24% in 2025, indicating that the company's total assets are generating a modest profit.
Return on Total Capital, encompassing both debt and equity financing, was also negative throughout the observed period, with the most severe at -7.94% in 2022. However, there is a consistent trend toward improvement, culminating in a positive return of 0.78% in 2025. This suggests that capital efficiency has been enhancing, and the company is beginning to generate returns exceeding its cost of capital.
Similarly, Return on Equity (ROE), which measures profitability attributed to shareholders’ equity, was persistently negative, reaching -8.07% in 2022. Over time, the company's ROE has shown progressive improvement, reaching -0.70% by 2024 and turning positive at 0.61% in 2025. This indicates a meaningful recovery in shareholders’ returns, aligning with the company's overall trend toward profitability.
Overall, the analyzed ratios depict a trajectory from consistent loss-making activity to a period of stabilization and the potential for sustainable profitability by 2025. The gradual shift to positive ratios in 2024 and 2025 suggests that Bill Com Holdings Inc. may have implemented effective operational strategies or restructuring efforts that are beginning to positively influence its profitability metrics.