HealthStream Inc (HSTM)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 31.16% | 25.49% | 24.90% | 24.55% | 24.76% | 22.81% | 22.43% | 22.58% | 22.19% | 24.26% | 23.72% | 22.87% | 23.20% | 23.46% | 23.13% | 31.76% | 40.60% | 51.20% | 61.56% | 62.76% |
| Operating profit margin | 5.74% | 5.36% | 4.51% | 4.18% | 4.66% | 3.39% | 3.20% | 3.40% | 3.14% | 3.80% | 4.38% | 4.81% | 6.46% | 7.33% | 7.54% | 6.63% | 5.79% | 5.66% | 6.09% | 7.08% |
| Pretax margin | 6.63% | 5.91% | 5.78% | 5.53% | 5.84% | 4.50% | 3.31% | 3.22% | 3.03% | 3.70% | 4.36% | 4.90% | 7.28% | 8.47% | 9.07% | 8.40% | 7.66% | 7.51% | 7.30% | 7.71% |
| Net profit margin | 5.45% | 4.72% | 4.70% | 4.37% | 4.53% | 3.52% | 2.73% | 2.49% | 2.28% | 2.81% | 3.30% | 3.77% | 5.76% | 6.86% | 7.25% | 6.74% | 6.21% | 5.92% | 5.71% | 5.93% |
Healthstream Inc has shown relatively stable gross profit margins over the past eight quarters, ranging from 64.50% to 65.95%. This indicates consistent efficiency in managing production costs and generating revenue.
In terms of operating profit margin, there has been a noticeable improvement from Q1 2022 to Q4 2023, with the margin expanding from 3.40% to 5.74%. This suggests effective cost control and operational efficiency in the company's core business activities.
The pretax margin has also shown a positive trend over the periods, increasing from 3.21% in Q1 2022 to 6.63% in Q4 2023. This indicates that Healthstream Inc has been successful in managing various expenses, including interest and taxes, which has contributed to higher profitability.
Net profit margin has displayed a similar upward trajectory, rising from 2.49% in Q1 2022 to 5.45% in Q4 2023. This highlights the company's ability to generate profits after accounting for all expenses, including taxes.
Overall, the profitability ratios of Healthstream Inc demonstrate a consistent improvement in operational efficiency and financial performance over the quarters, which is a positive indicator of the company's financial health and management effectiveness.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 3.20% | 2.98% | 2.50% | 2.25% | 2.50% | 1.85% | 1.74% | 1.82% | 1.66% | 1.95% | 2.22% | 2.37% | 3.16% | 3.78% | 3.90% | 3.45% | 3.01% | 2.96% | 3.18% | 3.54% |
| Return on assets (ROA) | 3.04% | 2.62% | 2.61% | 2.35% | 2.43% | 1.92% | 1.48% | 1.33% | 1.20% | 1.45% | 1.67% | 1.85% | 2.82% | 3.54% | 3.75% | 3.51% | 3.22% | 3.10% | 2.98% | 2.97% |
| Return on total capital | 4.70% | 4.34% | 3.63% | 3.36% | 3.73% | 2.70% | 2.54% | 2.73% | 2.38% | 2.82% | 3.23% | 3.53% | 4.74% | 5.36% | 5.49% | 4.95% | 4.35% | 4.26% | 4.59% | 5.27% |
| Return on equity (ROE) | 4.46% | 3.82% | 3.78% | 3.52% | 3.62% | 2.80% | 2.17% | 2.00% | 1.72% | 2.09% | 2.44% | 2.76% | 4.22% | 5.01% | 5.28% | 5.03% | 4.66% | 4.46% | 4.31% | 4.41% |
Healthstream Inc's profitability ratios show a generally positive trend over the past few quarters. The operating return on assets (Operating ROA) has been steadily increasing from 1.82% in Q1 2022 to 3.20% in Q4 2023, indicating that the company is generating more operating income relative to its total assets.
Similarly, the return on assets (ROA) has also shown improvement over the same period, with a gradual increase from 1.33% in Q1 2022 to 3.04% in Q4 2023. This suggests that Healthstream Inc is becoming more efficient in generating profits from its assets.
The return on total capital has experienced fluctuations but has generally increased from 2.54% in Q1 2022 to 4.70% in Q4 2023. This indicates that the company is earning higher returns on its total capital invested, reflecting positively on its overall profitability.
Lastly, the return on equity (ROE) has shown a consistent upward trend, rising from 2.00% in Q1 2022 to 4.46% in Q4 2023. This signifies that Healthstream Inc is delivering increased returns to its shareholders for their invested equity.
Overall, the profitability ratios demonstrate an improving financial performance for Healthstream Inc, showcasing efficiency in utilizing assets and capital to generate profits and enhance shareholder value.