Bruker Corporation (BRKR)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 51.05% | 51.59% | 50.03% | 47.29% | 48.02% |
| Operating profit margin | 14.74% | 17.10% | 17.09% | 12.49% | 14.52% |
| Pretax margin | 18.38% | 16.32% | 16.13% | 11.18% | 13.49% |
| Net profit margin | 14.41% | 11.72% | 11.46% | 7.94% | 9.51% |
Bruker Corp has demonstrated consistency and improvement in its profitability ratios over the past five years. The gross profit margin has shown a slight fluctuation between 2019 and 2023, with an average of around 50%. This indicates the company's ability to efficiently manage its production costs and generate profit from its core operations.
The operating profit margin has also shown a positive trend, increasing from 13.75% in 2020 to 16.32% in 2023. This indicates that Bruker Corp has been effectively managing its operating expenses and improving its operating efficiency over the years.
The pretax margin has shown a significant improvement, increasing steadily from 11.36% in 2020 to 18.42% in 2023. This suggests that the company has been successful in managing its tax obligations and reducing non-operating expenses, leading to higher profits before taxes.
The net profit margin has also shown a consistent upward trend, increasing from 7.94% in 2020 to 14.41% in 2023. This indicates that Bruker Corp has been able to effectively manage its interest expenses, taxes, and other costs to improve its bottom line profitability.
Overall, Bruker Corp's profitability ratios demonstrate the company's strong financial performance and effective management of costs and expenses, leading to improved profitability over the years.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 10.28% | 11.98% | 11.32% | 8.14% | 10.86% |
| Return on assets (ROA) | 10.05% | 8.21% | 7.59% | 5.18% | 7.12% |
| Return on total capital | 22.12% | 18.54% | 17.64% | 13.12% | 17.19% |
| Return on equity (ROE) | 31.02% | 26.63% | 25.89% | 16.42% | 21.75% |
Bruker Corp's profitability ratios indicate a favorable trend over the past five years.
- Operating return on assets (Operating ROA) has fluctuated, peaking at 12.78% in 2022 and slightly declining to 11.38% in 2023. This ratio indicates the company's ability to generate operating earnings from its total assets.
- Return on assets (ROA) has shown consistent improvement, increasing from 5.18% in 2020 to 10.05% in 2023. This ratio reflects the company's overall efficiency in generating profits from its assets.
- Return on total capital has generally been on an upward trajectory, reaching 18.27% in 2023. This ratio signifies the company's ability to generate returns for both equity and debt holders.
- Return on equity (ROE) has also exhibited a positive trend, with a notable increase from 16.42% in 2020 to 31.02% in 2023. This ratio highlights the company's effectiveness in generating returns for its shareholders.
Overall, Bruker Corp has demonstrated a strengthening profitability performance, indicating efficient asset utilization and enhanced shareholder value over the analyzed period.