Grid Dynamics Holdings Inc (GDYN)
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 | 36.23% | 35.96% | 35.65% | 35.90% | 36.16% | 37.19% | 38.17% | 38.35% | 38.84% | 39.01% | 39.61% | 40.72% | 41.52% | 41.55% | 40.87% | 39.96% | 37.40% | 37.14% | 37.77% | 38.32% |
| Operating profit margin | 0.87% | -1.07% | -1.73% | -1.44% | -1.78% | -3.21% | -4.71% | -8.52% | -6.77% | -5.71% | -3.73% | 0.83% | 0.02% | -1.13% | -3.92% | -8.64% | -13.88% | -6.85% | -0.42% | 6.05% |
| Pretax margin | 3.15% | 2.07% | 1.41% | 1.96% | 1.55% | -0.59% | -2.65% | -7.60% | -6.59% | -6.17% | -4.72% | -0.05% | -1.16% | -1.82% | -4.52% | -9.12% | -13.67% | -6.48% | -0.52% | 5.84% |
| Net profit margin | 1.15% | 0.74% | -0.37% | 0.72% | -0.56% | -3.60% | -5.86% | -10.82% | -9.41% | -8.81% | -7.32% | -3.41% | -3.64% | -5.04% | -6.55% | -8.53% | -11.32% | -5.10% | -0.17% | 4.42% |
Grid Dynamics Holdings Inc's profitability ratios have shown some variability over the reporting periods.
- The gross profit margin has ranged from 35.65% to 41.55%, indicating the company's ability to generate profits after accounting for the cost of goods sold.
- The operating profit margin fluctuated from -13.88% to 0.87%, reflecting the company's operational efficiency in generating profits from its core business activities.
- The pretax margin ranged from -13.67% to 3.15%, showing the company's ability to generate profits before accounting for taxes.
- The net profit margin fluctuated from -11.32% to 1.15%, indicating the company's bottom-line profitability after accounting for all expenses, including taxes.
Overall, while the profitability ratios have shown some improvement in recent periods, Grid Dynamics Holdings Inc has experienced periods of negative profitability, particularly in the operating and net profit margins. This suggests that the company may need to focus on improving operational efficiency and controlling costs to enhance its overall profitability.
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) | 0.51% | -0.73% | -1.24% | -1.03% | -1.28% | -2.32% | -3.48% | -6.48% | -5.11% | -4.34% | -3.67% | 0.74% | 0.02% | -0.65% | -3.25% | -6.36% | -9.24% | -4.91% | -0.32% | 4.88% |
| Return on assets (ROA) | 0.68% | 0.51% | -0.27% | 0.52% | -0.41% | -2.61% | -4.34% | -8.23% | -7.11% | -6.69% | -7.19% | -3.01% | -3.00% | -2.89% | -5.42% | -6.28% | -7.54% | -3.66% | -0.13% | 3.57% |
| Return on total capital | -0.35% | 1.11% | 0.63% | 0.89% | 0.78% | -2.72% | -3.70% | -7.33% | -5.56% | -5.02% | -5.31% | 0.22% | -0.65% | -1.00% | -4.43% | -7.63% | -10.68% | -5.15% | -0.36% | 5.05% |
| Return on equity (ROE) | 0.78% | 0.60% | -0.31% | 0.59% | -0.46% | -3.05% | -5.10% | -9.59% | -8.05% | -7.44% | -8.59% | -3.59% | -3.39% | -3.20% | -6.56% | -7.18% | -8.30% | -3.85% | -0.14% | 3.81% |
Grid Dynamics Holdings Inc's profitability ratios show a mixed performance over the reporting periods examined.
- Operating return on assets (Operating ROA) started positively in March 2020 at 4.88% but fluctuated thereafter, turning negative by June 2020. The ratio continued to be negative until December 2021, gradually improving to 0.51% by December 2024.
- Return on assets (ROA) also began at 3.57% in March 2020, turned negative by June 2020, and remained in the negative territory until December 2023. However, the ratio turned positive from March 2024, reaching 0.68% by December 2024.
- Return on total capital followed a similar pattern, starting positive at 5.05% in March 2020, then turning negative and improving to 1.11% by September 2024.
- Return on equity (ROE) exhibited a comparable trend, with fluctuations in negative territory before turning positive from March 2024, reaching 0.78% by December 2024.
Overall, the company's profitability ratios show a challenging performance in the earlier years, with some improvements in recent periods. Continuous monitoring of these ratios is essential to assess the company's financial health and performance over time.