Bruker Corporation (BRKR)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 49.00% | 51.05% | 51.59% | 50.03% | 47.29% |
| Operating profit margin | 7.52% | 14.74% | 17.10% | 17.09% | 12.49% |
| Pretax margin | 6.07% | 18.38% | 16.32% | 16.13% | 11.18% |
| Net profit margin | 3.36% | 14.41% | 11.72% | 11.46% | 7.94% |
Bruker Corporation's profitability ratios have shown a mixed performance over the years.
1. Gross Profit Margin: The company's gross profit margin has generally been increasing from 47.29% in 2020 to 51.05% in 2023, indicating that Bruker has been able to improve its efficiency in producing goods or services. However, there was a slight decline to 49.00% in 2024.
2. Operating Profit Margin: Bruker's operating profit margin experienced significant fluctuations during the period, with a peak of 17.10% in 2022 and a sharp decrease to 7.52% in 2024. This suggests that the company may have faced challenges in managing its operating expenses efficiently.
3. Pretax Margin: The pretax margin followed a fluctuating trend, reaching its highest point of 18.38% in 2023. However, it significantly dropped to 6.07% in 2024, indicating potential issues impacting the company's overall profitability.
4. Net Profit Margin: The net profit margin also exhibited variability, with a peak of 14.41% in 2023 but dropping to 3.36% in 2024. This decline suggests that Bruker may have experienced challenges in managing its tax obligations and other non-operating expenses in the most recent year.
Overall, while Bruker Corporation has shown improvements in its gross profit margin over the years, its operating, pretax, and net profit margins have displayed fluctuations and declines, indicating potential areas of concern in managing costs and achieving profitability.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.36% | 10.28% | 11.98% | 11.32% | 8.14% |
| Return on assets (ROA) | 1.95% | 10.05% | 8.21% | 7.59% | 5.18% |
| Return on total capital | 6.59% | 22.12% | 18.54% | 17.64% | 13.12% |
| Return on equity (ROE) | 6.35% | 31.02% | 26.63% | 25.89% | 16.42% |
Bruker Corporation's profitability ratios have shown fluctuations over the years. The Operating Return on Assets (Operating ROA) increased from 8.14% in 2020 to 11.32% in 2021, reaching its highest point at 11.98% in 2022, but then decreased to 10.28% in 2023 and further dropped to 4.36% in 2024. This indicates that the company's operating performance relative to its assets was most efficient in 2022.
The Return on Assets (ROA) also followed a similar pattern, starting at 5.18% in 2020 and gradually increasing to 7.59% in 2021, 8.21% in 2022, and peaking at 10.05% in 2023 before declining to 1.95% in 2024. The ROA measures the company's ability to generate profits from its assets, and the fluctuation indicates changes in the company's asset utilization efficiency.
Return on Total Capital, which reflects the return generated from all sources of capital, showed an upward trend from 13.12% in 2020 to 17.64% in 2021, 18.54% in 2022, and a peak of 22.12% in 2023, but then declined to 6.59% in 2024. This ratio signifies how effectively the company is utilizing its total capital to generate returns for shareholders and debt holders.
Lastly, the Return on Equity (ROE) increased significantly from 16.42% in 2020 to 25.89% in 2021, 26.63% in 2022, and reached its highest point at 31.02% in 2023, before dropping to 6.35% in 2024. ROE measures the return earned on shareholders' equity, and the fluctuation indicates changes in the company's efficiency in generating profits with the shareholder's investments.
Overall, while Bruker Corporation's profitability ratios have shown fluctuations, it is important for investors and stakeholders to closely monitor these metrics to assess the company's financial health and performance over time.