Ichor Holdings Ltd (ICHR)
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 | 11.67% | 11.29% | 11.02% | 11.57% | 12.75% | 14.51% | 16.05% | 16.59% | 16.55% | 16.59% | 16.20% | 16.16% | 16.18% | 15.63% | 15.08% | 14.15% | 13.66% | 13.56% | 13.32% | 13.50% |
| Operating profit margin | -0.90% | -1.75% | -2.33% | -2.47% | -1.34% | 1.66% | 4.91% | 6.61% | 6.70% | 6.65% | 6.21% | 6.51% | 7.39% | 7.48% | 6.89% | 5.66% | 4.54% | 3.85% | 3.03% | 2.49% |
| Pretax margin | -2.13% | -3.34% | -4.32% | -4.91% | -3.83% | -0.54% | 3.24% | 5.44% | 5.88% | 5.99% | 5.64% | 5.90% | 6.72% | 6.78% | 6.07% | 4.72% | 3.53% | 2.75% | 1.79% | 1.04% |
| Net profit margin | -2.45% | -3.51% | -4.53% | -6.61% | -5.30% | -1.86% | 2.11% | 5.34% | 5.69% | 5.81% | 5.37% | 5.71% | 6.46% | 6.50% | 5.94% | 4.64% | 3.64% | 3.34% | 2.43% | 1.79% |
Ichor Holdings Ltd's profitability ratios show fluctuations over the period analyzed. The Gross Profit Margin gradually increased from 13.50% as of March 31, 2020, to a peak of 16.59% as of March 31, 2023, before declining to 12.75% as of December 31, 2023, and remaining relatively stable around 11-12% until December 31, 2024.
The Operating Profit Margin started at 2.49% as of March 31, 2020, peaked at 7.48% as of September 30, 2021, then declined significantly to negative values, hitting -2.47% as of March 31, 2024. This suggests volatile operating profitability during the period.
The Pretax Margin trend followed a similar pattern to the Operating Profit Margin, starting at 1.04% as of March 31, 2020, hitting its peak at 6.78% as of September 30, 2021, before plummeting to negative values by March 31, 2024.
Finally, the Net Profit Margin also displayed volatility, starting at 1.79% as of March 31, 2020, peaking at 6.50% as of September 30, 2021, then dropping to negative values, with the lowest point recorded at -6.61% as of March 31, 2024.
Overall, the profitability ratios of Ichor Holdings Ltd reflect a mix of positive and negative trends, indicating fluctuations in the company's ability to generate profits over the analyzed period.
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) | -0.77% | -1.47% | -1.98% | -2.03% | -1.16% | 1.52% | 5.23% | 7.71% | 7.92% | 7.63% | 6.83% | 7.18% | 7.94% | 9.52% | 8.54% | 6.94% | 5.37% | 5.46% | 3.98% | 3.11% |
| Return on assets (ROA) | -2.09% | -2.95% | -3.84% | -5.43% | -4.58% | -1.70% | 2.25% | 6.23% | 6.72% | 6.66% | 5.91% | 6.30% | 6.94% | 8.27% | 7.36% | 5.69% | 4.30% | 4.74% | 3.19% | 2.24% |
| Return on total capital | -1.86% | -2.77% | -3.34% | -3.13% | -2.07% | 2.45% | 8.95% | 13.48% | 14.70% | 14.76% | 13.52% | 14.17% | 16.02% | 16.32% | 15.15% | 12.42% | 9.96% | 12.86% | 10.01% | 7.64% |
| Return on equity (ROE) | -2.98% | -4.13% | -5.24% | -7.45% | -7.61% | -2.95% | 3.91% | 10.91% | 12.39% | 12.89% | 11.72% | 12.56% | 14.16% | 14.26% | 13.21% | 10.33% | 8.08% | 11.27% | 8.01% | 5.49% |
Ichor Holdings Ltd's profitability ratios have shown mixed performance over the last few years.
1. Operating return on assets (Operating ROA) has fluctuated, with a general uptrend from March 2020 to September 2022, peaking at 9.52% in September 2021. However, there was a decline in the most recent periods, reaching -1.16% in December 2023.
2. Return on assets (ROA) followed a similar trend to Operating ROA, with a peak at 8.27% in September 2021. However, there was a noticeable decrease in December 2023 and beyond, with the ratio falling to -2.09% by December 2024.
3. Return on total capital showed a similar pattern of improvement until September 2022. However, the ratio declined consistently after that, reaching -1.86% by December 2024.
4. Return on equity (ROE) exhibited a pattern similar to ROA and Operating ROA, peaking at 14.26% in September 2021. Subsequently, ROE decreased steadily to -2.98% by December 2024.
Overall, the declining trend in profitability ratios from late 2022 to 2024 indicates potential challenges in generating returns for shareholders and efficiently utilizing assets and capital. Management should assess the factors contributing to the decline and take appropriate actions to improve profitability in the future.