Hims Hers Health Inc (HIMS)
Profitability ratios
Return on sales
| 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 | 81.13% | 82.19% | 82.41% | 81.99% | 81.16% | 80.25% | 79.07% | 77.57% | 76.16% | 74.62% | 74.48% | 75.22% | 76.23% | 76.96% | 75.48% | 73.58% | 58.54% | 50.24% | 36.31% |
| Operating profit margin | 3.45% | 1.12% | -0.86% | -3.38% | -5.13% | -7.33% | -10.23% | -13.04% | -17.70% | -23.10% | -26.04% | -42.31% | -42.91% | -37.67% | -33.53% | -10.18% | -8.15% | -8.70% | -12.64% |
| Pretax margin | 4.16% | 1.98% | 0.05% | -2.47% | -4.39% | -6.58% | -9.61% | -12.47% | -19.34% | -23.06% | -23.57% | -40.75% | -37.07% | -36.51% | -37.02% | -12.09% | -19.02% | -21.24% | -33.43% |
| Net profit margin | 8.15% | 1.70% | -0.25% | -2.70% | -4.51% | -6.61% | -9.66% | -12.47% | -19.34% | -22.22% | -22.60% | -39.60% | -35.74% | -36.60% | -37.12% | -12.18% | -9.21% | -6.45% | -8.91% |
Hims Hers Health Inc's profitability ratios have shown a mix of trends over the past several quarters.
1. Gross Profit Margin: The company has maintained a relatively stable gross profit margin, ranging between 74.62% to 82.41% over the past two years, indicating efficient cost management and pricing strategies.
2. Operating Profit Margin: Although there have been fluctuations, the operating profit margin has generally improved from -42.91% in Dec 2021 to 3.45% in Sep 2024. This suggests that the company has been able to control its operating expenses better and generate more profit from its operations.
3. Pretax Margin: Similarly, the pretax margin has shown improvement from -40.75% in Mar 2022 to 4.16% in Sep 2024, indicating a trend of better profitability before accounting for taxes.
4. Net Profit Margin: The net profit margin has also exhibited an upward trend, moving from -39.60% in Mar 2022 to 8.15% in Sep 2024. This indicates that the company has been able to increase its profitability after accounting for all expenses, including taxes.
Overall, the improving trend in operating, pretax, and net profit margins suggests that Hims Hers Health Inc has been able to enhance its efficiency, control costs, and generate more profit from its core business activities.
Return on investment
| 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) | 7.12% | 2.49% | -1.85% | -6.68% | -9.82% | -13.36% | -16.75% | -18.75% | -20.55% | -22.72% | -21.87% | -27.35% | -23.35% | -21.21% | -16.58% | -12.76% | -5.23% | -3.83% | -3.36% |
| Return on assets (ROA) | 16.81% | 3.77% | -0.52% | -5.34% | -8.63% | -12.05% | -15.82% | -17.93% | -22.45% | -21.85% | -18.98% | -25.60% | -19.46% | -20.61% | -18.35% | -15.26% | -5.91% | -2.84% | -2.37% |
| Return on total capital | 9.75% | 3.31% | -2.41% | -8.56% | -12.37% | -16.27% | -20.16% | -22.04% | -28.41% | -27.42% | -23.31% | -33.11% | -23.86% | -24.39% | -21.64% | — | — | — | — |
| Return on equity (ROE) | 23.01% | 5.00% | -0.68% | -6.84% | -10.87% | -14.68% | -19.03% | -21.08% | -27.64% | -26.02% | -22.13% | -32.17% | -23.01% | -24.45% | -21.71% | — | — | — | — |
The profitability ratios of Hims Hers Health Inc show a fluctuating trend over the past few quarters. The Operating Return on Assets (Operating ROA) has improved from negative figures in the past to 7.12% in the most recent quarter, indicating the company's ability to generate operating profits from its assets.
Return on Assets (ROA) has also shown improvement, with a significant increase to 16.81% in the latest quarter. This indicates that the company is generating more profits from its assets compared to previous periods.
Return on Total Capital has fluctuated but generally shows an increasing trend in recent quarters, reaching 9.75% in the most recent period. This suggests that the company is efficiently utilizing both equity and debt to generate returns for its capital providers.
Return on Equity (ROE) has shown a similar pattern of improvement, reaching 23.01% in the latest quarter. This indicates that the company is effectively utilizing shareholder equity to generate profits.
Overall, the profitability ratios of Hims Hers Health Inc have shown positive trends in recent quarters, indicating improved efficiency in generating profits from assets, capital, and equity.