Cencora Inc. (COR)
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 | 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% | 2.86% | 2.81% | 2.84% |
| Operating profit margin | 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% | 0.62% | 0.61% | 0.61% |
| Pretax margin | 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% | 0.50% | 0.51% | 0.50% |
| Net profit margin | 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% | 0.48% | 0.54% | 0.53% |
Cencora Inc.'s profitability ratios indicate the company's ability to generate profits relative to its sales and operating costs. The gross profit margin remained relatively stable around 3.42% over the past year, indicating that the company is effectively managing its cost of goods sold.
The operating profit margin, which reflects the company's ability to control its operating expenses, has shown a gradual decline from 1.35% in March 2022 to 1.03% in December 2023. This suggests that Cencora Inc. may be facing challenges in managing its operating costs efficiently.
The pretax margin and net profit margin also follow a similar trend, showing a gradual decline over the period. This indicates that the company's profitability before and after accounting for taxes has been decreasing, which may raise concerns about the overall efficiency of its operations.
Overall, Cencora Inc.'s profitability ratios demonstrate the need for the company to closely monitor and manage its costs in order to improve its overall profitability and financial performance.
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) | 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% | 2.84% | 2.82% | 2.75% |
| Return on assets (ROA) | 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% | 2.18% | 2.48% | 2.40% |
| Return on total capital | 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% | 16.08% | 15.50% | 15.42% |
| Return on equity (ROE) | 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% | 29.71% | 31.98% | 31.83% |
Cencora Inc.'s profitability ratios indicate varying levels of performance over the past eight quarters.
The Operating Return on Assets (Operating ROA), which measures the operating profitability of the company's assets, reflects a consistent trend with a slight decline from 5.40% in March 2022 to 4.33% in December 2023. This ratio suggests that the company is generating approximately 4.33% of operating income for every dollar of assets.
The Return on Assets (ROA) also demonstrates a declining trend from 3.22% in June 2022 to 2.75% in March 2023 and then a slight increase to 2.89% in December 2023. This ratio indicates that the company is generating approximately 2.89% of net income for every dollar of assets.
The Return on Total Capital displays fluctuations, reaching its peak at 50.58% in September 2023 and hitting a low of 44.17% in March 2022. This ratio illustrates the company's ability to generate profits from the total capital employed in the business.
Notably, the Return on Equity (ROE) varied significantly, from a high of 821.13% in June 2022 to a low of 204.79% in December 2023, showing considerable volatility and potential risk associated with investments made by the shareholders.
In conclusion, while the company has shown some fluctuations in its profitability ratios, it is essential for stakeholders to closely monitor these metrics to assess the company's ability to generate profits and its overall financial health.