Cirrus Logic Inc (CRUS)
Profitability ratios
Return on sales
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 51.23% | 50.46% | 51.85% | 51.66% | 52.63% |
| Operating profit margin | 19.21% | 13.13% | 20.56% | 17.32% | 13.54% |
| Pretax margin | 20.35% | 13.43% | 20.70% | 17.91% | 14.15% |
| Net profit margin | 15.36% | 9.32% | 18.32% | 15.87% | 12.45% |
Cirrus Logic Inc's profitability ratios have shown varying trends over the past five years. Starting with the gross profit margin, the company has managed to maintain relatively stable levels, ranging from 50.46% to 52.63%, indicating efficient management of production costs and pricing strategies.
The operating profit margin, which reflects the company's ability to control operating expenses, has improved significantly from 13.13% in 2023 to 19.21% in 2024. This suggests better cost management and operational efficiency.
Similarly, the pretax margin and net profit margin have also shown positive trends over the years. The increase in both margins indicates that Cirrus Logic Inc has been able to generate higher profits relative to its revenues. The pretax margin improved from 13.43% in 2023 to 20.35% in 2024, while the net profit margin increased from 9.32% in 2023 to 15.36% in 2024.
Overall, Cirrus Logic Inc's profitability ratios demonstrate consistent improvement in operational efficiency and profitability, which is a positive indicator of the company's financial performance and management's ability to generate sustainable returns for its shareholders.
Return on investment
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 15.39% | 12.07% | 17.25% | 12.96% | 10.89% |
| Return on assets (ROA) | 12.30% | 8.56% | 15.37% | 11.87% | 10.01% |
| Return on total capital | 18.90% | 15.42% | 23.10% | 17.73% | 14.83% |
| Return on equity (ROE) | 15.11% | 10.66% | 20.40% | 15.65% | 12.97% |
Cirrus Logic Inc's profitability ratios have shown a generally positive trend in recent years.
- Operating return on assets (Operating ROA) has improved from 10.89% in 2020 to 15.39% in 2024, indicating that the company has been able to generate more operating profit relative to its total assets.
- Return on assets (ROA) has also increased steadily from 10.01% in 2020 to 12.30% in 2024, suggesting that Cirrus Logic has become more efficient in generating profits from its assets over the years.
- Return on total capital has shown consistent growth, from 14.83% in 2020 to 18.90% in 2024, indicating that the company has been effectively utilizing its total capital to generate returns for its investors.
- Return on equity (ROE) has also demonstrated an upward trend, from 12.97% in 2020 to 15.11% in 2024, reflecting the improving profitability for shareholders' equity.
Overall, Cirrus Logic Inc's profitability ratios suggest that the company has been successful in enhancing its profitability and generating favorable returns for both its assets and capital providers over the past five years.