Corsair Gaming Inc (CRSR)
Profitability ratios
Return on sales
| Dec 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 24.89% | 24.40% | 24.78% | 25.05% | 24.68% | 24.66% | 24.29% | 21.60% | 21.57% | 21.56% | 22.37% | 25.31% | 26.99% | 27.99% | 28.40% | 28.45% | 27.34% | 25.95% | 24.18% | 21.96% |
| Operating profit margin | -3.79% | -3.31% | -1.71% | -0.11% | 0.63% | 0.74% | 0.15% | -3.72% | -3.90% | -2.83% | -1.41% | 3.85% | 7.24% | 8.80% | 10.45% | 11.04% | 9.30% | 7.72% | 5.76% | 3.16% |
| Pretax margin | -4.68% | -4.30% | -2.55% | -0.97% | -0.24% | -0.21% | -0.87% | -4.58% | -4.64% | -3.35% | -2.28% | 2.87% | 6.02% | 7.38% | 8.99% | 9.26% | 7.17% | 5.16% | 2.91% | 0.00% |
| Net profit margin | -6.95% | -6.58% | -2.77% | -0.91% | -0.15% | -0.17% | -0.39% | -4.47% | -4.50% | -2.95% | -2.31% | 2.90% | 5.30% | 6.12% | 7.63% | 7.73% | 6.06% | 4.49% | 2.41% | 0.11% |
### Profitability Ratios Analysis of Corsair Gaming Inc
1. Gross Profit Margin:
- The gross profit margin for Corsair Gaming Inc has fluctuated over the years, ranging from a low of 21.56% in September 2022 to a high of 28.45% in March 2021. The margin has generally shown a decreasing trend from 2022 to 2024, indicating potentially higher production or distribution costs.
2. Operating Profit Margin:
- Corsair Gaming Inc's operating profit margin has been volatile, with positive margins up to December 2021, indicating operational efficiency. However, the margins have turned negative from June 2022 onwards, suggesting operational challenges impacting profitability.
3. Pretax Margin:
- The pretax margin for Corsair Gaming Inc shows a similar trend to the operating profit margin, declining from positive values to negative values starting from March 2022. This indicates increasing expenses or declining revenues before accounting for taxes.
4. Net Profit Margin:
- The net profit margin, reflecting the company's bottom line performance, has also deteriorated over the years, turning negative from March 2022 onwards. This suggests Corsair Gaming Inc has faced challenges in generating profits after accounting for all expenses and taxes.
Overall, the profitability ratios of Corsair Gaming Inc demonstrate a concerning decline in margins from 2022 to 2024, indicating potential operational inefficiencies and financial challenges that may require careful management and strategic adjustments to improve profitability in the future.
Return on investment
| Dec 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -4.04% | -3.64% | -1.91% | -0.12% | 0.68% | 0.80% | 0.16% | -3.86% | -4.13% | -3.56% | -1.79% | 5.13% | 10.31% | 12.79% | 15.28% | 15.92% | 12.05% | 9.05% | 6.65% | 3.59% |
| Return on assets (ROA) | -7.41% | -7.22% | -3.10% | -1.04% | -0.16% | -0.19% | -0.41% | -4.65% | -4.77% | -3.71% | -2.94% | 3.86% | 7.55% | 8.89% | 11.16% | 11.15% | 7.85% | 5.27% | 2.78% | 0.13% |
| Return on total capital | -8.02% | -7.12% | -3.40% | -0.07% | 1.45% | 1.72% | 0.41% | -7.73% | -8.50% | -8.36% | -4.40% | 11.37% | 23.98% | 31.96% | 39.77% | 43.54% | 36.20% | 29.66% | 32.25% | 18.26% |
| Return on equity (ROE) | -15.15% | -14.51% | -5.95% | -1.98% | -0.33% | -0.38% | -0.83% | -9.52% | -9.92% | -8.50% | -6.90% | 8.78% | 17.77% | 22.21% | 29.05% | 30.49% | 23.60% | 17.03% | 13.03% | 0.61% |
Corsair Gaming Inc's profitability ratios exhibit fluctuations over the period analyzed.
- Operating ROA shows a peak of 15.92% in March 2021 but declines thereafter, reaching -4.04% by December 2024. The company's ability to generate operating income from its assets seems to have weakened in the later periods.
- ROA follows a similar trend, peaking at 11.16% in June 2021 before declining to -7.41% by December 2024. This indicates a decline in the company's overall profitability relative to its total assets over the period.
- Return on total capital showcases a similar pattern, with a peak of 43.54% in March 2021 but a decline to -8.02% by December 2024. This suggests a diminished ability to generate returns from the total invested capital.
- ROE peaks at 30.49% in March 2021 but decreases to -15.15% by December 2024. This signifies a significant reduction in the company's profitability in relation to shareholders' equity over the period.
Overall, Corsair Gaming Inc's profitability ratios demonstrate a declining trend, indicating challenges in maintaining profitability and generating returns for both assets and equity holders.