Cencora Inc. (COR)
Profitability ratios
Return on sales
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 3.37% | 3.41% | 3.44% | 3.42% | 3.42% | 3.42% | 3.41% | 3.47% | 3.48% | 3.55% | 3.59% | 3.42% | 3.24% | 3.04% | 2.83% | 2.78% | 2.73% | 2.70% | 2.70% | 2.79% |
| Operating profit margin | 0.74% | 0.89% | 0.91% | 0.93% | 0.89% | 0.91% | 0.86% | 0.97% | 0.99% | 1.05% | 1.14% | 1.11% | 1.10% | -2.11% | -2.31% | -2.49% | -2.70% | 0.62% | 0.62% | 0.49% |
| Pretax margin | 0.68% | 0.82% | 0.83% | 0.87% | 0.83% | 0.83% | 0.81% | 0.92% | 0.93% | 1.01% | 1.06% | 1.04% | 1.04% | -2.19% | -2.40% | -2.58% | -2.79% | 0.53% | 0.54% | 0.42% |
| Net profit margin | 0.51% | 0.65% | 0.67% | 0.69% | 0.67% | 0.66% | 0.65% | 0.72% | 0.71% | 0.78% | 0.75% | 0.73% | 0.72% | -1.83% | -1.91% | -1.66% | -1.80% | 0.84% | 0.85% | 0.36% |
Cencora Inc.'s profitability ratios have shown some fluctuations over the past few quarters. The gross profit margin has been relatively stable, ranging from 3.37% to 3.59% over the last eight quarters.
However, the operating profit margin has been more volatile, varying from a low of -2.31% in March 2021 to a high of 1.14% in June 2022. This suggests that Cencora Inc. has faced challenges in controlling its operating expenses and achieving consistent profitability from its core business operations.
The pretax margin and net profit margin exhibit similar trends to the operating profit margin, showing variability over the quarters. The pretax margin has ranged from a low of -2.79% in December 2019 to a high of 1.06% in June 2022, while the net profit margin has fluctuated between -1.91% in June 2021 and 0.85% in June 2021.
Overall, Cencora Inc.'s profitability ratios demonstrate a need for the company to focus on improving operational efficiency and cost management to enhance its profitability in a more sustainable manner.
Return on investment
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 3.24% | 3.78% | 3.95% | 3.91% | 3.74% | 3.79% | 3.63% | 4.07% | 4.18% | 4.33% | 4.55% | 4.26% | 4.11% | -7.73% | -9.65% | -10.58% | -11.60% | 2.84% | 2.76% | 2.24% |
| Return on assets (ROA) | 2.25% | 2.78% | 2.90% | 2.89% | 2.79% | 2.76% | 2.75% | 2.99% | 3.00% | 3.22% | 3.01% | 2.80% | 2.69% | -6.69% | -7.97% | -7.03% | -7.70% | 3.85% | 3.76% | 1.62% |
| Return on total capital | 48.80% | 49.61% | 47.94% | 49.64% | 50.14% | 47.84% | 43.16% | 52.59% | 53.53% | 50.85% | 50.17% | 36.84% | 35.63% | -64.63% | -77.35% | -164.82% | -197.56% | 15.48% | 16.08% | 13.62% |
| Return on equity (ROE) | 233.63% | 200.64% | 171.02% | 204.79% | 334.35% | 246.27% | 573.99% | — | — | 821.13% | 313.81% | 668.28% | 689.46% | -9,862.06% | — | — | — | 40.70% | 44.07% | 21.98% |
Cencora Inc.'s profitability ratios show mixed performance over the past few periods. The operating return on assets (Operating ROA) has generally been stable, ranging from 3.24% to 4.55%, indicating that the company has been able to generate operating income efficiently relative to its assets.
The return on assets (ROA) has also shown consistency, albeit at a slightly lower level compared to the Operating ROA. ROA ranged from 2.25% to 3.22%, suggesting that the company has been profitable in generating net income relative to its total assets.
The return on total capital fluctuated between 43.16% and 53.53%, indicating that the company has been effective in generating returns on the total capital employed, including both debt and equity. The substantial fluctuations in this ratio may be attributed to changes in the company's capital structure over the periods.
The return on equity (ROE) has shown significant variability, ranging from a high of 821.13% to a low of -9,862.06%. Such extreme fluctuations in ROE may raise concerns about the consistency and stability of the company's earnings relative to its equity. It is worth investigating the factors contributing to such drastic changes in ROE over the periods to understand the underlying reasons for the fluctuations.
Overall, while Cencora Inc. has demonstrated efficiency in generating returns on assets and total capital, the significant fluctuations in ROE warrant further analysis to assess the sustainability and quality of the company's earnings and operations.