Digi International Inc (DGII)
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 | 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% | 46.83% | 46.80% | 47.12% |
| Operating profit margin | 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% | 3.96% | 3.74% | 4.03% |
| Pretax margin | 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% | 4.38% | 4.04% | 4.57% |
| Net profit margin | 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% | 3.92% | 4.33% | 4.80% |
Digi International, Inc.'s profitability ratios have shown a positive trend over the quarters, indicating consistent improvement in the company's ability to generate profits.
The gross profit margin has been relatively stable, ranging from 56.71% to 57.87%. This suggests efficient cost management and pricing strategies in the company's operations.
The operating profit margin has steadily increased from 5.60% in Q2 2022 to 11.38% in Q1 2024, indicating enhanced operational efficiency and lower operating expenses as a percentage of revenue.
Similarly, the pretax margin and net profit margin have also shown a consistent upward trend, reflecting improved profitability after expenses such as interest and taxes. This demonstrates the effectiveness of the company's overall financial management and strategic decision-making.
Overall, Digi International, Inc.'s profitability ratios suggest a positive trajectory and efficient utilization of resources, which bodes well for its financial performance and investors' confidence in the company.
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) | 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% | 2.53% | 2.47% | 2.69% |
| Return on assets (ROA) | 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% | 2.50% | 2.86% | 3.20% |
| Return on total capital | 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% | 3.22% | 3.01% | 3.46% |
| Return on equity (ROE) | 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% | 2.85% | 3.19% | 3.60% |
Digi International, Inc.'s profitability ratios show a positive trend over the past eight quarters, reflecting improving efficiency and effectiveness in generating profits from its operations and capital structure.
The Operating Return on Assets (Operating ROA) has been gradually increasing from 2.17% in Q2 2022 to 6.07% in Q1 2024, indicating that the company has been able to generate more operating income relative to its total assets. This suggests that Digi International is becoming more efficient in utilizing its assets to generate profits.
The Return on Assets (ROA) has also shown an upward trend, with a slight fluctuation, from 1.35% in Q2 2022 to 1.92% in Q1 2024. This ratio demonstrates the profitability of the company in relation to its total assets and signifies that Digi International has been able to improve its ability to generate earnings from its asset base.
Return on Total Capital has shown consistent improvement over the quarters, reflecting the company's ability to generate returns for both equity and debt providers. The ratio has increased from 2.50% in Q2 2022 to 6.82% in Q1 2024, indicating that Digi International has been able to effectively utilize both debt and equity capital to generate higher returns.
Return on Equity (ROE) has also depicted an upward trajectory, showcasing an increase from 2.45% in Q2 2022 to 2.94% in Q1 2024. This ratio reveals how efficiently the company is using shareholders' equity to generate profits and indicates an improvement in Digi International's ability to provide returns to its equity investors.
Overall, the improving trend in Digi International's profitability ratios suggests that the company is enhancing its operational efficiency and effectiveness in generating profits from its assets and capital structure, which can be seen as a positive indicator for its financial performance and potential future growth.