InterDigital Inc (IDCC)
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 | 89.22% | 89.35% | 88.96% | 89.15% | 87.38% | 85.44% | 83.33% | 76.50% | 75.46% | 79.96% | 81.79% | 90.14% | 89.21% | 89.56% | 88.32% | 86.62% | 86.45% | 85.16% | 85.86% | 86.63% |
| Operating profit margin | 42.81% | 46.58% | 44.03% | 48.15% | 37.52% | 32.99% | 31.97% | 20.98% | 17.49% | 12.64% | 8.30% | 18.18% | 16.38% | 22.20% | 19.68% | 13.86% | 12.29% | 5.83% | 8.79% | 11.19% |
| Pretax margin | 45.90% | 48.65% | 44.29% | 43.68% | 29.71% | 26.34% | 25.75% | 20.48% | 17.36% | 9.68% | 5.39% | 12.68% | 11.33% | 17.81% | 15.92% | 12.49% | 10.37% | 3.51% | 2.89% | 2.67% |
| Net profit margin | 41.35% | 41.13% | 37.54% | 36.37% | 23.36% | 19.95% | 19.57% | 15.89% | 13.58% | 8.31% | 8.97% | 14.63% | 13.30% | 17.20% | 11.50% | 7.74% | 6.80% | 3.30% | 9.91% | 11.09% |
Interdigital Inc has consistently maintained a strong gross profit margin of 100% across all quarters, indicating effective cost management and revenue generation.
The operating profit margin has varied but generally shows a positive trend, improving from 24.73% in Q4 2022 to 40.32% in Q4 2023. This indicates that the company is effectively controlling its operating expenses and generating higher profits from its core business activities.
The pretax margin has also shown improvement over the quarters, with a notable increase from 16.99% in Q1 2022 to 42.69% in Q4 2023. This suggests that Interdigital Inc is managing its pre-tax income efficiently and has been able to increase profitability before accounting for taxes.
The net profit margin has experienced a steady increase from 15.24% in Q1 2022 to 38.95% in Q4 2023. This improvement indicates that the company is effectively managing both its operating expenses and tax liabilities to generate higher net profits.
Overall, Interdigital Inc's profitability ratios demonstrate a positive trend, with improving margins across all levels, reflecting the company's strong financial performance and efficient business operations.
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) | 12.51% | 12.86% | 12.10% | 13.70% | 7.92% | 7.13% | 8.81% | 5.60% | 4.37% | 2.87% | 1.83% | 4.00% | 3.41% | 4.71% | 4.27% | 2.91% | 2.35% | 1.01% | 1.65% | 2.18% |
| Return on assets (ROA) | 12.09% | 11.35% | 10.32% | 10.35% | 4.93% | 4.31% | 5.39% | 4.24% | 3.40% | 1.89% | 1.98% | 3.22% | 2.77% | 3.65% | 2.49% | 1.63% | 1.30% | 0.57% | 1.86% | 2.16% |
| Return on total capital | 46.26% | 27.34% | 23.75% | 20.64% | 11.16% | 10.38% | 10.76% | 9.43% | 8.21% | 5.82% | 4.60% | 7.14% | 6.92% | 9.03% | 8.44% | 7.27% | 6.55% | 4.33% | 4.03% | 5.28% |
| Return on equity (ROE) | 36.81% | 35.55% | 30.52% | 29.20% | 12.93% | 11.95% | 12.84% | 8.98% | 7.42% | 4.43% | 4.21% | 7.06% | 5.79% | 7.65% | 4.98% | 3.17% | 2.75% | 1.18% | 3.65% | 3.94% |
Interdigital Inc's profitability ratios show a positive trend over the analyzed quarters.
1. Operating return on assets (Operating ROA) increased steadily from 5.26% in Q4 2022 to 12.51% in Q4 2023, indicating the company's ability to generate profits from its operating activities.
2. Return on assets (ROA) also improved consistently, from 4.93% in Q4 2022 to 12.09% in Q4 2023, demonstrating the company's enhanced ability to generate earnings relative to its total assets.
3. Return on total capital exhibited an upward trajectory, reaching 18.63% in Q4 2023, reflecting the company's efficiency in generating profits from its total invested capital.
4. Return on equity (ROE) showed a positive trend, increasing from 8.98% in Q1 2022 to 36.81% in Q4 2023, indicating the company's ability to generate significant returns for its shareholders.
Overall, Interdigital Inc's profitability ratios depict consistent improvement, highlighting its effectiveness in utilizing assets and capital to generate profits over the analyzed quarters.