Digi International Inc (DGII)
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 | 58.93% | 57.91% | 57.33% | 57.01% | 56.69% | 56.39% | 56.04% | 55.64% | 55.71% | 55.29% | 54.88% | 54.27% | 54.00% | 53.37% | 53.19% | 53.27% | 51.55% | 50.56% | 48.89% | 47.09% |
| Operating profit margin | 11.34% | 10.83% | 10.55% | 11.38% | 11.26% | 12.20% | 11.87% | 11.22% | 9.84% | 6.81% | 5.54% | 4.53% | 3.41% | 4.12% | 3.84% | 4.02% | 4.05% | 3.03% | 2.66% | 1.59% |
| Pretax margin | 5.39% | 4.17% | 3.25% | 3.54% | 5.59% | 6.77% | 6.61% | 6.24% | 4.80% | 2.66% | 2.54% | 2.67% | 2.92% | 3.42% | 2.97% | 2.63% | 2.68% | 2.11% | 2.09% | 1.78% |
| Net profit margin | 5.31% | 3.94% | 3.20% | 3.61% | 5.57% | 6.76% | 6.29% | 5.80% | 4.99% | 3.53% | 3.49% | 3.71% | 3.36% | 3.37% | 3.00% | 2.72% | 3.01% | 2.31% | 2.35% | 2.16% |
Digi International Inc's profitability ratios show a positive trend over the last few quarters. The gross profit margin has consistently increased, reaching 58.93% in the most recent quarter. This indicates good control over the cost of goods sold and efficient production processes.
The operating profit margin has also shown improvement, with a strong increase from 6.81% in the second quarter of 2022 to 11.34% in the most recent quarter. This suggests effective management of operating expenses and better operational efficiency.
Furthermore, the pretax margin and net profit margin have both shown an upward trend, indicating effective cost management and increased profitability. The net profit margin reached 5.31% in the most recent quarter, reflecting a healthy bottom line performance.
Overall, Digi International Inc's profitability ratios demonstrate improving profitability and efficiency in managing costs, which bodes well for the company's financial health and sustainability.
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) | 5.90% | 5.69% | 5.60% | 6.07% | 6.00% | 6.37% | 6.02% | 5.43% | 4.48% | 2.85% | 2.15% | 1.67% | 1.70% | 2.03% | 1.86% | 2.20% | 2.14% | 1.56% | 1.26% | 0.72% |
| Return on assets (ROA) | 2.76% | 2.07% | 1.70% | 1.92% | 2.96% | 3.53% | 3.19% | 2.81% | 2.27% | 1.48% | 1.35% | 1.37% | 1.67% | 1.67% | 1.45% | 1.49% | 1.59% | 1.19% | 1.11% | 0.98% |
| Return on total capital | 5.43% | 5.16% | 5.05% | 5.51% | 6.88% | 7.40% | 6.96% | 6.39% | 5.29% | 3.39% | 2.52% | 1.92% | 2.00% | 2.33% | 2.14% | 2.66% | 2.57% | 2.01% | 1.65% | 1.07% |
| Return on equity (ROE) | 3.87% | 3.02% | 2.55% | 2.94% | 4.58% | 5.57% | 5.20% | 4.70% | 3.86% | 2.62% | 2.45% | 2.50% | 2.19% | 2.19% | 1.92% | 2.09% | 2.26% | 1.72% | 1.72% | 1.54% |
Digi International Inc's profitability ratios show a fluctuating trend over the past few quarters.
1. Operating return on assets (Operating ROA) has been relatively stable around 5-6%, indicating that the company is efficient in generating operating profits from its assets.
2. Return on assets (ROA) shows a more volatile pattern, ranging from 1.19% to 3.53%. This ratio reflects the overall profitability of the company's assets, with a lower range indicating less efficient asset utilization.
3. Return on total capital has also fluctuated between 1.07% and 7.40%. This ratio represents how effectively the company is generating profits from both its equity and debt capital, with higher values being favorable.
4. Return on equity (ROE) has shown a varying trend between 1.54% and 5.57%, depicting the company's ability to generate profits for its shareholders. The fluctuation in ROE suggests changes in the company's ability to generate returns based on the equity invested.
Overall, Digi International Inc's profitability ratios demonstrate some instability, suggesting that the company's profitability performance has been mixed in recent quarters. It may be valuable to further investigate the factors contributing to these fluctuations to understand the underlying drivers of the company's profitability.