PC Connection Inc (CNXN)
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 | 17.95% | 17.54% | 17.21% | 16.98% | 16.84% | 16.56% | 16.19% | 16.17% | 16.06% | 16.13% | 16.24% | 16.15% | 16.17% | 16.19% | 16.14% | 16.04% | 16.00% | 15.71% | 15.45% | 15.29% |
| Operating profit margin | 3.62% | 3.43% | 3.33% | 3.54% | 3.86% | 4.01% | 3.90% | 3.70% | 3.34% | 3.07% | 2.95% | 2.61% | 2.78% | 3.11% | 3.45% | 3.97% | 3.97% | 3.86% | 3.46% | 3.24% |
| Pretax margin | 3.97% | 3.66% | 3.47% | 3.62% | 3.89% | 4.02% | 3.90% | 3.70% | 3.34% | 3.11% | 2.99% | 2.65% | 2.83% | 3.13% | 3.47% | 4.00% | 4.00% | 3.97% | 3.58% | 3.35% |
| Net profit margin | 2.92% | 2.71% | 2.56% | 2.66% | 2.86% | 2.91% | 2.83% | 2.68% | 2.42% | 2.31% | 2.27% | 2.03% | 2.15% | 2.33% | 2.52% | 2.91% | 2.91% | 2.90% | 2.61% | 2.44% |
PC Connection, Inc.'s profitability ratios have shown some fluctuations over the past eight quarters. From Q1 2022 to Q4 2023, the gross profit margin has been relatively stable, ranging from 16.17% to 17.95%. This indicates that the company has been able to maintain a consistent level of profitability on its sales after accounting for the cost of goods sold.
In terms of operating profit margin, there has been some variability, with a peak of 4.01% in Q3 2022 and a low of 3.42% in Q2 2023. This suggests that the company has experienced fluctuations in its ability to control operating expenses and generate profits from its core business activities.
The pretax margin and net profit margin have also shown some variability over the quarters. The pretax margin ranged from 3.47% to 4.02%, while the net profit margin ranged from 2.56% to 2.92%. These ratios indicate the company's overall ability to generate profits after accounting for all expenses, including interest and taxes.
Overall, while PC Connection, Inc. has been able to maintain relatively stable gross profit margins, its operating, pretax, and net profit margins have shown some fluctuations. It may be important for the company to focus on controlling costs and improving operational efficiency to enhance its profitability in the future.
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) | 8.68% | 8.39% | 8.49% | 9.71% | 10.96% | 11.28% | 10.99% | 10.22% | 8.91% | 8.38% | 7.63% | 6.84% | 7.10% | 8.16% | 9.80% | 12.62% | 11.95% | 12.48% | 10.42% | 10.58% |
| Return on assets (ROA) | 7.01% | 6.63% | 6.52% | 7.30% | 8.11% | 8.18% | 7.98% | 7.40% | 6.45% | 6.29% | 5.89% | 5.33% | 5.49% | 6.12% | 7.15% | 9.23% | 8.76% | 9.35% | 7.84% | 7.97% |
| Return on total capital | 12.27% | 12.10% | 12.45% | 13.98% | 15.73% | 16.92% | 16.88% | 15.95% | 14.14% | 12.38% | 11.83% | 10.12% | 11.33% | 13.04% | 15.29% | 19.12% | 18.75% | 18.64% | 16.96% | 16.30% |
| Return on equity (ROE) | 9.90% | 9.56% | 9.56% | 10.51% | 11.64% | 12.27% | 12.24% | 11.55% | 10.24% | 9.30% | 9.12% | 7.88% | 8.76% | 9.78% | 11.17% | 13.99% | 13.75% | 13.97% | 12.76% | 12.28% |
PC Connection, Inc. has shown a relatively stable trend in profitability ratios over the past eight quarters. The company's operating return on assets (Operating ROA) has ranged from 8.62% to 11.28%, with a recent figure of 8.91% in Q4 2023. This indicates that the company is generating operating income of approximately 8.91% for every dollar of assets employed in its operations.
The return on assets (ROA) has fluctuated between 6.52% and 8.18% during the same period, with a current value of 7.01% in Q4 2023. This ratio reflects the overall profitability of the company's assets, with a 7.01% return generated for each dollar of total assets.
The return on total capital has also varied, ranging from 12.43% to 16.92%, with a value of 12.59% in Q4 2023. This metric assesses the efficiency of the company in generating profits from its total invested capital.
The return on equity (ROE) has shown a consistent performance between 9.56% and 12.27%, with a figure of 9.90% in Q4 2023. This ratio indicates the return generated for each dollar of shareholders' equity invested in the company.
Overall, PC Connection, Inc. has demonstrated a solid but slightly decreasing trend in its profitability ratios over the past quarters, with a slight decrease in Q4 2023 compared to the previous quarter. Further analysis and comparison with industry benchmarks would be necessary to assess the company's competitive position and potential areas for improvement in profitability.