DoubleVerify Holdings Inc (DV)
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 | |
|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 36.81% | 36.57% | 36.46% | 36.01% | 33.79% | 31.02% | 30.69% | 25.03% | 26.76% |
| Operating profit margin | 14.99% | 14.39% | 14.53% | 14.98% | 13.10% | 10.97% | 11.13% | 5.74% | 8.03% |
| Pretax margin | 16.76% | 15.79% | 15.67% | 15.63% | 13.18% | 10.81% | 10.93% | 5.53% | 7.78% |
| Net profit margin | 12.49% | 10.59% | 10.65% | 10.68% | 9.60% | 12.64% | 12.97% | 7.81% | 8.82% |
DoubleVerify Holdings Inc has shown relatively stable gross profit margins ranging from 81.38% to 82.79% over the past eight quarters, indicating efficient management of production costs and pricing strategies.
The operating profit margin has also been consistent, with a general upward trend from 5.74% in Q1 2022 to 14.97% in Q4 2023, showcasing improved operational efficiency and cost management.
Similarly, the pretax margin has increased steadily from 5.52% in Q1 2022 to 16.75% in Q4 2023, reflecting enhanced profitability before accounting for taxes.
The net profit margin demonstrates the company's ability to translate revenue into profit, with fluctuations observed over the quarters. DoubleVerify achieved its highest net profit margin of 12.93% in Q3 2022 and its lowest of 7.80% in Q1 2022, suggesting some variability in managing expenses and taxes.
Overall, DoubleVerify Holdings Inc's profitability ratios have exhibited positive trends, indicating effective cost control measures and revenue generation strategies during the period under review. Further analysis and comparison with industry benchmarks can provide additional insights into the company's financial performance.
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 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.90% | 6.53% | 6.73% | 6.70% | 5.69% | 4.64% | 4.49% | 2.15% | 2.99% |
| Return on assets (ROA) | 5.75% | 4.80% | 4.93% | 4.78% | 4.17% | 5.34% | 5.24% | 2.92% | 3.28% |
| Return on total capital | 9.02% | 8.42% | 8.51% | 8.35% | 6.87% | 5.56% | 5.36% | 2.58% | 3.38% |
| Return on equity (ROE) | 6.65% | 5.58% | 5.72% | 5.63% | 4.93% | 6.37% | 6.22% | 3.47% | 3.67% |
DoubleVerify Holdings Inc has shown consistent profitability over the quarters, as indicated by its profitability ratios. When looking at the operating profitability, the Operating ROA has been steadily improving, reaching 6.90% in Q4 2023, indicating that the company is generating more operating income per dollar of assets. This is a positive sign of operational efficiency.
The overall profitability of the company, as measured by ROA, has also been trending upwards, with an ROA of 5.75% in Q4 2023. This suggests that DoubleVerify is effectively utilizing its assets to generate profits. The Return on Total Capital has also been showing an upward trend, reaching 7.94% in Q4 2023, indicating that the company is generating higher returns on its total invested capital.
Furthermore, the Return on Equity (ROE) has been improving over the quarters, reaching 6.65% in Q4 2023. This signifies that DoubleVerify is providing a good return to its shareholders relative to their equity investments.
Overall, the profitability ratios of DoubleVerify Holdings Inc suggest that the company is effectively managing its assets and capital to generate profits, and is improving its returns to both investors and shareholders.