Blackbaud Inc (BLKB)
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 | 56.44% | 55.73% | 55.02% | 54.09% | 53.71% | 53.16% | 52.97% | 52.99% | 53.08% | 53.19% | 53.13% | 53.33% | 53.13% | 53.21% | 53.19% | 53.31% | 53.53% | 54.15% | 54.30% | 54.32% |
| Operating profit margin | 4.18% | -0.30% | -3.12% | -3.15% | -2.77% | -1.94% | -0.07% | 1.30% | 2.73% | 3.37% | 3.22% | 3.92% | 4.08% | 4.59% | 4.32% | 3.68% | 3.01% | 4.33% | 5.29% | 5.12% |
| Pretax margin | 1.65% | -3.25% | -6.20% | -5.99% | -5.40% | -4.03% | -2.05% | -0.62% | 0.78% | 1.21% | 1.00% | 1.86% | 2.37% | 2.97% | 2.77% | 2.08% | 1.18% | 2.64% | 3.43% | 3.19% |
| Net profit margin | 0.17% | -2.37% | -4.28% | -4.82% | -4.41% | -3.09% | -1.50% | -0.48% | 0.62% | -0.10% | -0.24% | 0.32% | 0.85% | 2.49% | 2.44% | 1.95% | 1.32% | 2.25% | 3.04% | 3.02% |
Blackbaud Inc's profitability ratios show a mixed performance over the past eight quarters. The gross profit margin has generally improved, reaching 54.57% in Q4 2023, indicating the company's ability to control production costs and generate profits from its core operations.
However, the operating profit margin has been volatile, fluctuating between negative and positive figures. In Q4 2023, the operating profit margin stood at 4.04%, representing a significant improvement from the previous quarter. This suggests the company may have effectively managed its operating expenses in the latest period.
The pretax margin shows a similar trend of fluctuation, with Q4 2023 marking a return to positive territory at 1.60%. Despite the recent improvement, the pretax margin has been negative in several quarters, indicating challenges in generating profits before accounting for taxes.
The net profit margin, reflecting the company's bottom line profitability, has also shown variability over the quarters. Blackbaud Inc reported a net profit margin of 0.16% in Q4 2023, a modest improvement compared to the negative margins seen in previous quarters. This suggests that while the company has managed to control costs, there may still be room for improvement in generating net profits.
Overall, while Blackbaud Inc has shown improvement in its gross profit margin and some profitability ratios in the latest quarter, the company still faces challenges in consistently converting revenues into bottom-line profits. Management should continue to focus on cost control and operational efficiency to enhance overall profitability.
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) | 1.54% | -0.12% | -1.04% | -1.23% | -0.95% | -0.74% | -0.02% | 0.47% | 0.84% | 1.85% | 1.52% | 2.11% | 1.82% | 2.52% | 2.08% | 2.00% | 1.36% | 2.24% | 2.46% | 2.59% |
| Return on assets (ROA) | 0.06% | -0.95% | -1.43% | -1.88% | -1.52% | -1.19% | -0.52% | -0.17% | 0.19% | -0.05% | -0.11% | 0.17% | 0.38% | 1.37% | 1.18% | 1.06% | 0.60% | 1.16% | 1.41% | 1.53% |
| Return on total capital | 3.67% | 0.48% | -1.45% | -1.45% | -1.25% | -0.70% | 0.26% | 0.87% | 1.52% | 3.34% | 3.03% | 3.67% | 4.12% | 4.62% | 4.82% | 4.25% | 3.64% | 4.96% | 5.30% | 4.79% |
| Return on equity (ROE) | 0.23% | -3.10% | -5.80% | -6.91% | -6.10% | -4.26% | -2.04% | -0.64% | 0.79% | -0.22% | -0.54% | 0.70% | 1.81% | 5.13% | 5.44% | 4.64% | 3.00% | 5.22% | 7.11% | 7.10% |
Blackbaud Inc's profitability ratios show varying performance levels over the past eight quarters. Operating return on assets (Operating ROA) improved from negative figures in Q1 and Q2 2023 to positive in Q3 and Q4 2023, peaking at 1.54%. This indicates that the company generated operating income more efficiently relative to its asset base in the latter half of the year.
Return on assets (ROA) also displayed a similar trend, moving from negative values in the first half of 2023 to slightly positive in Q3 and Q4. However, the overall profitability generated from its total assets remained low, with the best performance at 0.06% in Q4 2023.
Return on total capital saw a noteworthy improvement in Q4 2023 at 2.81%, recovering from negative values in prior quarters. This metric reflects the overall return generated from both debt and equity invested in the company.
Return on equity (ROE) was consistently negative throughout the periods analyzed, indicating that the company struggled to generate profit from shareholder equity. The highest recorded ROE was 0.23% in Q4 2023, suggesting a minor improvement in profitability relative to shareholder investment.
In conclusion, Blackbaud Inc showed signs of profitability improvement in the latter part of 2023, particularly in terms of operating efficiency and return on total capital. However, sustained efforts may be needed to enhance returns for shareholders as reflected in the ROE figures.