Glaukos Corp (GKOS)
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 | 77.41% | 77.99% | 78.78% | 79.38% | 78.86% | 78.24% | 78.32% | 78.54% | 78.42% | 78.71% | 78.53% | 78.03% | 77.63% | 76.70% | 74.98% | 68.40% | 59.77% | 60.10% | 63.96% | 73.86% |
| Operating profit margin | -32.73% | -37.38% | -40.87% | -43.02% | -42.44% | -42.18% | -40.95% | -44.84% | -30.18% | -24.19% | -12.00% | -3.88% | -11.22% | -9.01% | -17.59% | -34.99% | -55.42% | -65.81% | -68.03% | -42.79% |
| Pretax margin | -38.94% | -41.98% | -47.54% | -44.69% | -44.11% | -43.67% | -43.65% | -49.60% | -36.09% | -32.58% | -19.79% | -9.42% | -16.82% | -13.97% | -22.61% | -39.75% | -59.35% | -68.51% | -69.20% | -43.79% |
| Net profit margin | -39.15% | -42.26% | -47.78% | -44.97% | -44.41% | -44.06% | -44.11% | -49.90% | -36.37% | -32.61% | -19.81% | -9.55% | -16.93% | -13.10% | -21.32% | -34.99% | -53.98% | -33.92% | -33.97% | -15.80% |
The profitability ratios of Glaukos Corp show a mixed performance over the analyzed periods.
1. Gross Profit Margin: The company has shown a consistent improvement in its gross profit margin, reaching a peak of 79.38% by March 31, 2024. This indicates that Glaukos is effectively managing its production costs and generating stronger revenues relative to its cost of goods sold.
2. Operating Profit Margin: The operating profit margin has also shown improvement over time, albeit with fluctuations. While still in negative territory, the margin has gradually decreased its losses, indicating that Glaukos is becoming more efficient in managing its operating expenses.
3. Pre-tax Margin: The pre-tax margin reflects the company's ability to generate profits before accounting for taxes. The trend shows a general improvement in profitability, with the margin improving from -69.20% in June 2020 to -38.94% by December 2024. This indicates that Glaukos is making progress in controlling its expenses and increasing its revenues.
4. Net Profit Margin: The net profit margin measures the company's bottom line profitability after all expenses are accounted for, including taxes. Despite remaining in negative territory, the net profit margin has shown a decreasing trend, from -33.97% in June 2020 to -39.15% by December 2024. This suggests that Glaukos is moving towards reducing its losses and improving its overall profitability.
In conclusion, Glaukos Corp has made significant strides in improving its profitability ratios over the analyzed periods. However, further efforts may be needed to achieve sustained positive profitability and enhance shareholder value.
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) | -12.55% | -14.28% | -14.75% | -14.44% | -13.69% | -13.05% | -12.27% | -12.86% | -8.21% | -6.59% | -3.28% | -1.07% | -3.13% | -2.48% | -4.77% | -8.09% | -12.29% | -14.26% | -14.25% | -12.95% |
| Return on assets (ROA) | -15.02% | -16.14% | -17.25% | -15.09% | -14.32% | -13.63% | -13.22% | -14.31% | -9.90% | -8.89% | -5.41% | -2.64% | -4.72% | -3.61% | -5.78% | -8.09% | -11.97% | -7.35% | -7.12% | -4.78% |
| Return on total capital | -15.69% | -17.23% | -17.63% | -17.21% | -16.13% | -15.08% | -14.45% | -15.77% | -10.44% | -9.13% | -4.99% | -1.57% | -4.14% | -3.23% | -8.67% | -14.23% | -14.42% | -16.72% | -16.77% | -15.74% |
| Return on equity (ROE) | -19.09% | -22.37% | -23.84% | -31.25% | -29.16% | -27.08% | -25.87% | -27.37% | -18.72% | -16.34% | -9.92% | -4.64% | -8.45% | -6.38% | -10.33% | -14.03% | -18.03% | -11.05% | -10.70% | -5.82% |
### Profitability Ratios Analysis for Glaukos Corp:
1. Operating Return on Assets (Operating ROA):
- The Operating ROA has shown a declining trend from -12.95% in March 2020 to -14.75% in June 2024. This indicates that the company's operating profit generated per dollar of assets has been decreasing over time.
2. Return on Assets (ROA):
- The ROA also exhibits a decreasing trend, starting at -4.78% in March 2020 and reaching -15.02% in December 2024. This indicates that the company's overall profitability in relation to its total assets has been deteriorating.
3. Return on Total Capital:
- The Return on Total Capital shows a consistent decline from -15.74% in March 2020 to -15.69% in December 2024. This implies that the company's ability to generate returns from its total capital investment has been weakening.
4. Return on Equity (ROE):
- The ROE has also been decreasing steadily, moving from -5.82% in March 2020 to -19.09% in December 2024. This indicates a declining trend in the company's ability to generate profit for its shareholders from their equity investments.
Overall, the profitability ratios of Glaukos Corp show a negative trend over the period under consideration, suggesting a decrease in the company's overall profitability and efficiency in generating returns for both its assets and capital investments, as well as for its shareholders' equity.