Hologic Inc (HOLX)
Profitability ratios
Return on sales
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 55.28% | 51.40% | 61.64% | 67.39% | 58.98% |
| Operating profit margin | 21.90% | 16.58% | 33.73% | 44.04% | 29.26% |
| Pretax margin | 21.46% | 16.78% | 32.66% | 41.95% | 26.66% |
| Net profit margin | 19.59% | 11.31% | 26.77% | 33.23% | 29.53% |
Hologic Inc's profitability ratios have shown fluctuations over the past five years. The gross profit margin has ranged from 51.40% to 67.39%, with the highest point in 2021. This indicates the company's ability to generate revenue after considering the costs of goods sold.
The operating profit margin has varied between 16.58% and 44.04%, with the highest point in 2021. This ratio reflects Hologic's efficiency in controlling operating expenses and generating profit from its core business activities.
The pretax margin has fluctuated from 16.78% to 41.95%, peaking in 2021. This ratio indicates the company's ability to generate profit before taxes relative to its total revenue.
The net profit margin has ranged from 11.31% to 33.23%, with the highest point in 2021. This ratio reflects the company's bottom-line profitability after all expenses, including taxes, have been deducted.
Overall, Hologic Inc's profitability ratios have shown variability over the years, with improvements seen in 2021 across all metrics. Further analysis of the company's financial performance and operational strategies would be needed to fully understand the factors contributing to these changes.
Return on investment
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 9.64% | 7.31% | 18.08% | 27.81% | 15.36% |
| Return on assets (ROA) | 8.62% | 4.99% | 14.35% | 20.98% | 15.50% |
| Return on total capital | 12.94% | 10.43% | 21.90% | 35.44% | 20.72% |
| Return on equity (ROE) | 15.39% | 9.09% | 26.70% | 44.36% | 41.22% |
Hologic Inc's profitability ratios show varying levels of performance over the past five years.
1. Operating Return on Assets (Operating ROA): This ratio indicates the company's ability to generate operating profits from its assets. Hologic's operating ROA has been fluctuating, with a significant decrease from 27.81% in 2021 to 7.31% in 2023, before increasing to 9.64% in 2024. This suggests that the company's operational efficiency has improved slightly in the most recent year.
2. Return on Assets (ROA): ROA measures overall profitability by analyzing the company's ability to generate profits from its total assets. Hologic's ROA has shown a similar pattern as Operating ROA, with a notable decrease from 20.98% in 2021 to 4.99% in 2023, followed by a slight recovery to 8.62% in 2024. This indicates that the company's overall profitability has also seen some improvement.
3. Return on Total Capital: This ratio assesses the company's profitability in relation to the total capital invested, including both debt and equity. Hologic's return on total capital has been relatively stable, with fluctuations between 10.43% and 35.44% over the past five years. The ratio increased to 12.94% in 2024, indicating improved efficiency in utilizing its total capital to generate profits.
4. Return on Equity (ROE): ROE measures the company's ability to generate profits from shareholders' equity. Hologic's ROE has shown significant volatility, ranging from 9.09% to 44.36% over the five-year period. The ratio decreased to 15.39% in 2024, reflecting a lower return for shareholders compared to the previous year.
In conclusion, while Hologic Inc has demonstrated improvements in some profitability metrics like Operating ROA and ROA in the most recent year, there are fluctuations in ROE and a need for consistent performance to ensure sustained profitability and value creation for its shareholders.