IAC Inc. (IAC)
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 | 72.16% | 67.32% | 66.62% | 65.87% | 65.48% | 67.65% | 66.65% | 65.19% | 63.07% | 61.62% | 61.10% | 62.32% | 65.55% | 69.06% | 71.50% | 72.80% | 73.27% | 74.69% | 75.28% | 75.69% |
| Operating profit margin | -0.11% | -2.37% | -3.48% | -4.38% | -5.43% | -5.47% | -7.19% | -7.31% | -6.91% | -7.28% | -5.91% | -5.45% | -3.54% | -2.78% | -5.78% | -8.39% | -18.78% | 1.37% | 4.34% | 6.32% |
| Pretax margin | -18.19% | 0.24% | -3.66% | -2.09% | 8.41% | -1.99% | 6.92% | -13.22% | -29.15% | -29.23% | -28.12% | 1.27% | 19.60% | 37.23% | 41.30% | 29.61% | 6.88% | 3.56% | 0.38% | 3.45% |
| Net profit margin | -14.18% | -0.34% | -3.95% | -2.54% | 6.09% | -1.64% | 5.31% | -10.70% | -22.79% | -22.56% | -21.77% | 0.58% | 15.40% | 30.88% | 35.91% | 28.27% | 8.85% | 3.57% | 0.15% | 2.44% |
IAC Inc.'s profitability ratios have fluctuated over the years based on the provided data.
1. Gross Profit Margin:
- The gross profit margin has shown a gradual decline from 75.69% on March 31, 2020, to 72.16% on December 31, 2024. The highest margin was in December 2022.
- Overall, the trend indicates a slight decrease in the company's ability to generate profits after accounting for the cost of production.
2. Operating Profit Margin:
- The operating profit margin has been volatile, with significant fluctuations from positive margins to negative margins. The company faced losses in operating profits in most quarters.
- The margin improved from -18.78% on December 31, 2020, to -0.11% on December 31, 2024. However, it still remained negative, indicating operational challenges.
3. Pretax Margin:
- The pretax margin also exhibited substantial variability, ranging from -29.23% on September 30, 2022, to 41.30% on June 30, 2021. The company experienced both losses and profits before accounting for taxes.
- The pretax margin was positive in some quarters but generally trended negatively, suggesting financial difficulties in sustaining profitability before taxes.
4. Net Profit Margin:
- The net profit margin declined from 8.85% on December 31, 2020, to -14.18% on December 31, 2024. The company faced a sharp decrease in profitability, resulting in negative margins in the latter quarters.
- The net profit margin remained positive until December 2021 but turned negative thereafter, implying challenges in generating profits after all expenses, including taxes.
Overall, IAC Inc. experienced a decline in profitability margins over the years, especially in operating and net profit margins, indicating challenges in sustaining profitability and controlling costs effectively.
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) | -0.04% | -0.93% | -1.38% | -1.78% | -2.29% | -2.49% | -3.23% | -3.39% | -3.48% | -3.59% | -2.62% | -1.94% | -1.06% | -1.03% | -2.08% | -2.79% | -6.25% | 0.79% | 3.29% | 5.42% |
| Return on assets (ROA) | -5.66% | -0.13% | -1.57% | -1.03% | 2.56% | -0.75% | 2.39% | -4.97% | -11.48% | -11.12% | -9.67% | 0.21% | 4.63% | 11.39% | 12.92% | 9.41% | 2.94% | 2.07% | 0.11% | 2.10% |
| Return on total capital | -5.57% | -7.48% | -9.78% | -8.68% | -1.29% | 1.01% | 6.77% | -9.35% | -24.75% | -24.71% | -22.64% | 0.32% | 9.69% | 17.09% | 19.67% | 14.84% | 3.55% | 5.45% | 3.59% | 7.08% |
| Return on equity (ROE) | -9.68% | -0.23% | -2.66% | -1.74% | 4.38% | -1.30% | 4.12% | -8.53% | -20.11% | -19.67% | -17.34% | 0.36% | 8.13% | 14.90% | 16.72% | 13.70% | 4.09% | 2.84% | 0.16% | 2.99% |
IAC Inc.'s profitability ratios show mixed performance over the specified period. The Operating Return on Assets (Operating ROA) decreased from 5.42% as of March 31, 2020, to -0.04% as of December 31, 2024. This downward trend indicates a declining ability of the company to generate profits from its operations relative to its total assets.
Similarly, the Return on Assets (ROA) fluctuated significantly, ranging from 12.92% on June 30, 2021, to -11.48% on December 31, 2022. The ROA ratios suggest that the company's ability to generate profits from its total assets also experienced considerable volatility and negative performance during certain periods.
The Return on Total Capital declined from 19.67% on June 30, 2021, to -7.48% on September 30, 2024. This indicates a reduced profitability relative to the total capital employed by the company over time, with some periods showing negative returns.
The Return on Equity (ROE) followed a similar trend, with fluctuations and negative performance in some periods, such as -20.11% on December 31, 2022, and -9.68% on December 31, 2024. This suggests that the company's ability to generate returns for its equity holders was adversely impacted during those specific periods.
Overall, the company's profitability ratios demonstrate variability and a general lack of consistent positive performance over the analyzed period, highlighting potential challenges in effectively utilizing assets, capital, and equity to generate returns for investors.