Exelixis Inc (EXEL)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 66.38% | 67.86% | 68.32% | 71.42% | 75.11% |
| Operating profit margin | 9.34% | 12.51% | 19.98% | 11.14% | 38.18% |
| Pretax margin | 14.07% | 14.55% | 20.50% | 13.25% | 41.14% |
| Net profit margin | 11.35% | 11.31% | 16.10% | 11.32% | 33.17% |
Exelixis Inc's profitability ratios have shown some fluctuations over the past five years. The Gross profit margin has declined gradually from 75.11% in 2019 to 66.38% in 2023, indicating a decrease in the percentage of revenue retained after accounting for the cost of goods sold.
The Operating profit margin has also shown a downward trend, from 38.18% in 2019 to 9.34% in 2023, signifying a decline in the company's ability to generate profit from its core operations. This could be attributed to various factors such as increased operating expenses or pricing pressures.
The Pretax margin has fluctuated over the years but has generally remained within a relatively stable range. The margin was highest in 2021 at 20.50% and lowest in 2019 at 13.25%. The Pretax margin reflects the company's ability to generate profit before accounting for taxes, and the variations could be influenced by changes in operating efficiency or tax implications.
The Net profit margin has also experienced fluctuations, moving from 33.17% in 2019 to 11.35% in 2023. This metric reflects the company's overall profitability after all expenses, including taxes, have been deducted. The decrease in the net profit margin indicates challenges in maintaining profitability levels in recent years.
In conclusion, while Exelixis Inc has demonstrated strong profitability ratios in the past, there have been recent declines in key metrics such as gross profit margin, operating profit margin, and net profit margin. It will be crucial for the company to address these trends and implement strategies to enhance profitability in the future.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 5.81% | 6.56% | 10.96% | 5.15% | 19.59% |
| Return on assets (ROA) | 7.06% | 5.93% | 8.83% | 5.23% | 17.02% |
| Return on total capital | 7.55% | 8.10% | 12.97% | 5.86% | 23.61% |
| Return on equity (ROE) | 9.18% | 7.33% | 10.45% | 5.95% | 19.04% |
Exelixis Inc's profitability ratios have shown some variability over the past five years.
1. Operating return on assets (Operating ROA) has ranged from 5.15% to 10.96% during this period, with a slight decrease in 2023 compared to the previous year. This ratio measures the company's operational efficiency in generating profits from its assets.
2. Return on assets (ROA) has fluctuated between 5.23% and 17.02%, with a noticeable increase in 2023 compared to the previous year. This ratio evaluates the company's overall efficiency in generating profits from its total assets.
3. Return on total capital has varied from 5.86% to 23.61%, with a decrease in 2023 compared to the previous year. This ratio indicates the company's ability to generate returns for both debt and equity holders.
4. Return on equity (ROE) has ranged from 5.95% to 19.04%, with a significant increase in 2023 compared to the previous year. This ratio measures the company's profitability in relation to shareholders' equity.
Overall, Exelixis Inc's profitability ratios suggest a mixed performance in recent years, with some ratios showing improvement while others experiencing fluctuations. It is important for the company to continue monitoring and analyzing these ratios to ensure sustained profitability and efficiency in utilizing its assets and capital.