Enovis Corp (ENOV)
Profitability ratios
Return on sales
| 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 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 52.05% | 52.65% | 55.03% | 57.98% | 58.04% | 57.69% | 57.22% | 56.38% | 49.47% | 45.32% | 43.13% | 41.84% | 41.87% | 42.35% | 42.55% | 41.84% | 41.95% | 42.45% | 42.67% | 43.01% |
| Operating profit margin | -35.51% | -4.47% | -4.09% | -4.17% | -3.66% | -4.70% | -4.64% | -5.41% | -0.52% | 2.31% | 4.32% | 6.21% | 6.66% | 7.10% | 7.36% | 5.64% | 5.29% | 6.25% | 6.36% | 7.17% |
| Pretax margin | -39.05% | -7.07% | -6.50% | -6.41% | -3.93% | -4.66% | -8.00% | 0.36% | 3.33% | 4.11% | 7.18% | 4.20% | 4.29% | 4.33% | 4.12% | 2.29% | 1.89% | 2.70% | 1.59% | 2.66% |
| Net profit margin | -39.17% | -5.95% | -4.73% | -4.51% | -1.92% | -5.45% | -9.48% | -1.48% | 0.65% | 2.38% | 4.69% | 1.69% | 1.86% | 2.92% | 2.70% | 1.83% | 1.39% | -0.24% | -0.33% | -13.62% |
Based on the data provided, let's analyze the profitability ratios of Enovis Corp:
1. Gross Profit Margin:
Enovis Corp's gross profit margin has shown some fluctuations over the years, ranging from a low of 41.84% in March 2021 to a high of 58.04% in December 2023. The company saw an improvement in its gross profit margin from 2022 onwards, reaching 52.05% in December 2024.
2. Operating Profit Margin:
Enovis Corp's operating profit margin experienced significant volatility, starting from a positive 7.36% in June 2021 to a negative 35.51% in December 2024. The company faced profitability challenges in the latter part of the period, with operating profit margins consistently in negative territory.
3. Pretax Margin:
The pretax margin of Enovis Corp exhibited fluctuations throughout the period, with values ranging from 0.36% in March 2023 to 7.18% in June 2022. However, the company faced a steep decline in pretax margin from September 2023 onwards, reaching a low of -39.05% in December 2024.
4. Net Profit Margin:
Enovis Corp's net profit margin ranged from a low of -13.62% in March 2020 to a substantial decline to -39.17% in December 2024. The company struggled to maintain positive net profit margins consistently, facing challenges in generating bottom-line profits, especially in the latter years of the period.
Overall, the analysis of Enovis Corp's profitability ratios suggests that while the company experienced some improvements in gross profit margin, profitability challenges became more pronounced in operating, pretax, and net profit margins over the years. This indicates the need for strategic measures to enhance operational efficiency and financial performance in the future.
Return on investment
| 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 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -15.86% | -1.61% | -1.44% | -1.38% | -1.38% | -1.78% | -1.70% | -2.01% | -0.27% | 1.47% | 3.27% | 2.93% | 3.01% | 3.26% | 3.41% | 2.19% | 2.21% | 2.74% | 2.83% | 3.33% |
| Return on assets (ROA) | -17.49% | -2.15% | -1.66% | -1.50% | -0.73% | -2.06% | -3.47% | -0.55% | 0.33% | 1.51% | 3.55% | 0.80% | 0.84% | 1.34% | 1.25% | 0.71% | 0.58% | -0.10% | -0.15% | -6.32% |
| Return on total capital | -29.97% | -9.26% | -8.97% | -9.05% | -7.74% | -1.52% | -3.03% | -2.95% | -3.13% | -1.74% | -0.10% | 0.09% | 2.09% | 2.17% | 4.12% | 4.16% | 4.58% | 5.74% | 6.43% | 7.96% |
| Return on equity (ROE) | -32.22% | -3.58% | -2.76% | -2.48% | -0.96% | -2.63% | -4.47% | -0.69% | 0.41% | 1.97% | 4.58% | 1.47% | 1.55% | 2.33% | 2.19% | 1.35% | 1.20% | -0.22% | -0.31% | -14.32% |
Enovis Corp's profitability ratios exhibit fluctuating trends over the analyzed period.
1. Operating return on assets (ROA) varied between a low of -2.01% on March 31, 2023, and a peak of 3.41% on June 30, 2021. However, it declined significantly to -15.86% on December 31, 2024, indicating a deteriorating performance in generating profits from its operational assets.
2. Return on assets (ROA) was negative throughout the first half of the data range, with the lowest point of -3.47% on June 30, 2023. The ratio turned positive in December 2020 and peaked at 3.55% on June 30, 2022, before dropping to -17.49% by December 31, 2024, signaling the company's struggle in generating profits relative to its total assets.
3. Return on total capital declined consistently from 7.96% on March 31, 2020, to -29.97% on December 31, 2024. The negative trend indicates a decrease in the company's ability to earn a return on the total capital employed in its operations.
4. Return on equity (ROE) fluctuated over the period, with a peak of 4.58% on June 30, 2022, and a low of -32.22% on December 31, 2024. The negative ROE values suggest that Enovis Corp struggled to generate returns for its equity holders.
In conclusion, Enovis Corp experienced significant fluctuations in its profitability ratios, with declining trends in key metrics like ROA, ROE, and return on total capital by the end of the analyzed period, indicating potential challenges in effectively utilizing assets and generating returns for investors.