FormFactor Inc (FORM)
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 | 40.27% | 40.66% | 40.57% | 39.13% | 39.00% | 35.68% | 35.08% | 37.70% | 40.63% | 44.25% | 45.21% | 43.61% | 41.94% | 40.81% | 40.99% | 41.31% | 41.51% | 42.15% | 41.26% | 40.84% |
| Operating profit margin | 5.76% | 5.99% | 4.15% | 1.62% | 1.48% | -2.19% | -1.04% | 3.84% | 8.24% | 13.90% | 15.38% | 14.04% | 12.74% | 11.43% | 11.45% | 12.23% | 12.08% | 12.84% | 11.60% | 9.79% |
| Pretax margin | 10.40% | 20.15% | 18.95% | 16.99% | 13.46% | -1.25% | -1.17% | 3.47% | 7.74% | 13.41% | 15.47% | 14.10% | 12.80% | 11.52% | 11.58% | 12.41% | 12.28% | 13.06% | 11.86% | 10.07% |
| Net profit margin | 9.12% | 18.29% | 17.20% | 15.48% | 12.42% | -1.09% | -1.08% | 3.09% | 6.78% | 11.48% | 13.38% | 12.07% | 10.90% | 10.15% | 10.63% | 11.43% | 11.32% | 11.54% | 9.92% | 8.05% |
FormFactor Inc's profitability ratios demonstrate fluctuating trends over the past five years. The gross profit margin has shown some variability, starting around 40% and reaching a high of 45.21% in June 2022, before declining to 40.27% by December 2024.
The operating profit margin has shown a more volatile pattern, with significant fluctuations from a low of -1.04% in June 2023 to a peak of 15.38% in June 2022. However, it stabilized at around 5-6% by the end of 2024.
The pretax margin also displayed erratic movements, ranging from negative figures in mid-2023 to a high of 20.15% in September 2024. This ratio experienced a significant recovery from the lows seen in 2023, reaching double-digit levels by 2024.
Lastly, the net profit margin exhibited a similar pattern of variability, with significant swings and fluctuating trends. The margin reached a peak of 18.29% in September 2024 but dropped to 9.12% by the end of the same year.
Overall, while FormFactor Inc's profitability ratios have shown volatility, there have been periods of strong performance, especially in 2022 and 2024. It is important for the company to analyze the reasons behind these fluctuations to maintain and improve its profitability 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) | 3.84% | 3.85% | 2.53% | 0.96% | 0.89% | -1.40% | -0.68% | 2.70% | 6.12% | 10.70% | 11.75% | 10.37% | 9.61% | 8.65% | 8.69% | 8.98% | 8.70% | 9.47% | 8.37% | 7.12% |
| Return on assets (ROA) | 6.07% | 11.77% | 10.50% | 9.18% | 7.44% | -0.70% | -0.70% | 2.18% | 5.03% | 8.84% | 10.22% | 8.91% | 8.22% | 7.68% | 8.06% | 8.39% | 8.15% | 8.51% | 7.16% | 5.86% |
| Return on total capital | 10.76% | 14.72% | 13.06% | 11.14% | 8.59% | -2.31% | -1.76% | 2.91% | 5.73% | 11.63% | 13.45% | 11.62% | 12.14% | 11.23% | 11.36% | 11.74% | 11.56% | 12.68% | 11.33% | 9.79% |
| Return on equity (ROE) | 7.35% | 14.22% | 12.81% | 11.13% | 9.07% | -0.85% | -0.86% | 2.69% | 6.28% | 11.18% | 12.83% | 11.12% | 10.29% | 9.83% | 10.36% | 10.73% | 10.55% | 10.91% | 9.16% | 7.47% |
FormFactor Inc's profitability ratios demonstrate fluctuating performance over the past few years.
1. Operating return on assets (Operating ROA) has shown an increase from 7.12% as of March 31, 2020, peaking at 11.75% as of June 30, 2022, before dropping to 3.84% by December 31, 2024. The ratio has been volatile, indicating fluctuations in the company's ability to generate profits from its assets.
2. Return on assets (ROA) has generally followed a similar pattern, with a peak of 11.77% as of September 30, 2024. Notably, there were periods of negative ROA, such as -0.70% as of June 30, 2023, indicating that the company struggled to generate profits relative to its asset base during those times.
3. Return on total capital has shown a similar trend to ROA, with a peak of 14.72% as of September 30, 2024. The ratio fluctuated, reflecting variations in the company's profitability relative to its total capital employed.
4. Return on equity (ROE) has also varied, reaching a high of 14.22% as of September 30, 2024. The ratio has been influenced by changes in the company's net income in relation to shareholders' equity, indicating fluctuations in the returns provided to equity investors.
Overall, the profitability ratios of FormFactor Inc suggest that the company has experienced volatility in its ability to generate profits from its assets and equity over the analyzed period. It is essential for stakeholders to closely monitor these ratios to assess the company's financial performance and sustainability.