Doximity Inc (DOCS)
Profitability ratios
Return on sales
| Mar 31, 2025 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 90.20% | 90.19% | 89.94% | 89.65% | 89.34% | 88.94% | 88.15% | 87.74% | 87.24% | 87.16% | 87.22% | 87.59% | 88.42% | 88.62% | 88.18% | 87.13% | 84.92% | 84.43% | 84.43% |
| Operating profit margin | 39.97% | 40.20% | 38.66% | 36.56% | 34.47% | 33.07% | 30.07% | 30.47% | 29.86% | 29.92% | 30.57% | 30.52% | 33.05% | 34.26% | 32.66% | 31.29% | 25.76% | 23.51% | 20.63% |
| Pretax margin | 46.21% | 46.01% | 43.79% | 41.30% | 38.96% | 37.15% | 33.88% | 33.23% | 31.78% | 30.95% | 31.02% | 30.86% | 33.18% | 34.43% | 34.50% | 33.21% | 27.92% | 25.52% | 20.14% |
| Net profit margin | 39.13% | 36.60% | 33.69% | 32.53% | 31.04% | 29.39% | 27.47% | 27.20% | 26.92% | 29.59% | 36.70% | 41.73% | 45.05% | 44.08% | 36.45% | 30.87% | 24.27% | 18.26% | 13.92% |
Doximity Inc has demonstrated a consistent and impressive performance in terms of profitability ratios based on the provided data. The company's gross profit margin has shown a steady increase, reaching a high of 90.20% as of March 31, 2025, indicating that the company efficiently manages its cost of goods sold.
Similarly, the operating profit margin has shown a positive trend, with a significant improvement over time, reaching 39.97% as of March 31, 2025. This indicates that the company effectively controls its operating expenses and generates healthy profits from its core operations.
The pretax margin has also shown a consistent increase, reaching 46.21% as of March 31, 2025. This implies that the company has been successful in managing its operating expenses and interest payments, resulting in higher profitability before taxes.
Lastly, the net profit margin has exhibited a strong growth trajectory, reaching 39.13% as of March 31, 2025. This signifies that Doximity Inc effectively manages its overall expenses, including taxes, and generates significant returns for its shareholders after all costs are accounted for.
Overall, these profitability ratios reflect Doximity Inc's solid financial performance and efficiency in generating profits, highlighting the company's ability to sustain and enhance its profitability over the years.
Return on investment
| Mar 31, 2025 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 18.03% | 18.87% | 17.86% | 16.81% | 15.18% | 15.48% | 13.14% | 11.54% | 11.00% | 11.26% | 11.43% | 10.50% | 11.45% | 11.64% | 10.42% | 9.17% | 21.18% | 20.12% | — |
| Return on assets (ROA) | 17.65% | 17.18% | 15.57% | 14.96% | 13.67% | 13.75% | 12.01% | 10.30% | 9.92% | 11.14% | 13.72% | 14.35% | 15.61% | 14.97% | 11.63% | 9.04% | 19.95% | 15.62% | — |
| Return on total capital | 16.78% | 21.67% | 21.03% | 20.62% | 18.71% | 18.91% | 16.10% | 12.87% | 12.41% | 11.94% | 12.51% | 11.58% | 12.41% | 12.39% | 11.30% | 10.19% | 79.17% | 33.84% | — |
| Return on equity (ROE) | 20.62% | 19.53% | 18.11% | 17.57% | 16.37% | 15.92% | 14.13% | 11.99% | 11.68% | 12.78% | 16.05% | 16.72% | 17.62% | 16.63% | 13.09% | 10.31% | 75.23% | 26.60% | — |
Doximity Inc's profitability ratios show a positive trend over the periods analyzed. The Operating return on assets (Operating ROA) has steadily increased from 20.12% as of December 31, 2020 to 18.03% as of March 31, 2025. This metric indicates the company's ability to generate profits from its operational activities in relation to its total assets.
The Return on assets (ROA) also portrays a consistent growth trajectory, rising from 15.62% on December 31, 2020 to 17.65% on March 31, 2025. ROA signifies the firm's overall effectiveness in utilizing its assets to generate earnings.
Meanwhile, the Return on total capital has shown varying fluctuations but generally upward movement, illustrating an increase from 33.84% on December 31, 2020, to 16.78% as of March 31, 2025. This ratio evaluates the company's profitability concerning its total capital employed.
Lastly, the Return on equity (ROE) has demonstrated a similar pattern of improvement, climbing from 26.60% on December 31, 2020 to 20.62% by March 31, 2025. ROE reflects the return generated for the company's shareholders' equity investment.
Overall, Doximity Inc's profitability ratios indicate a positive performance trend, showcasing enhanced efficiency in generating profits from its assets and capital while delivering returns to equity investors.