Illumina Inc (ILMN)
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 | 65.44% | 63.94% | 62.00% | 61.36% | 60.95% | 61.43% | 62.23% | 63.21% | 64.83% | 66.31% | 67.54% | 68.81% | 69.66% | 69.30% | 68.63% | 67.61% | 68.01% | 69.02% | 70.34% | 70.36% |
| Operating profit margin | -19.03% | -26.67% | -60.19% | -24.86% | -23.76% | -23.14% | -88.23% | -99.55% | -91.18% | -85.36% | -19.16% | -2.86% | -2.74% | -0.75% | 17.02% | 16.82% | 17.91% | 22.08% | 25.69% | 27.28% |
| Pretax margin | -26.94% | -34.90% | -68.50% | -25.53% | -24.78% | -25.02% | -89.82% | -102.43% | -94.63% | -86.87% | 0.21% | 18.34% | 19.51% | 25.58% | 22.44% | 24.42% | 26.46% | 25.54% | 26.32% | 29.98% |
| Net profit margin | -27.95% | -36.10% | -68.73% | -28.71% | -25.78% | -25.17% | -93.84% | -100.90% | -96.09% | -88.36% | -0.40% | 15.06% | 16.84% | 21.17% | 19.36% | 18.14% | 20.25% | 19.70% | 20.68% | 26.49% |
In analyzing Illumina Inc's profitability ratios, we observe the following trends:
1. Gross Profit Margin: The gross profit margin has been relatively stable over the past few years, ranging from 60.95% to 70.36%. However, there is a slight declining trend observed towards the end of the period, with the margin decreasing to 65.44% by December 31, 2024.
2. Operating Profit Margin: The operating profit margin shows significant fluctuations, starting at 27.28% on March 31, 2020, and declining sharply to -91.18% by December 31, 2022. The company experienced negative operating margins for most of 2021 and 2022, indicating operational challenges during this period.
3. Pretax Margin: Similar to the operating profit margin, the pretax margin also exhibits a declining trend, falling from 29.98% on March 31, 2020, to -26.94% by December 31, 2024. The company faced substantial losses in pretax earnings from June 2022 onwards.
4. Net Profit Margin: The net profit margin follows the same negative trend observed in the operating and pretax margins, showing a decline from 26.49% on March 31, 2020, to -27.95% by December 31, 2024. The company experienced consecutive periods of negative net profit margins, indicating challenges in generating bottom-line profits.
Overall, Illumina Inc's profitability ratios have deteriorated significantly over the reported period, with declining margins in both operational and net earnings. It is crucial for the company to address these challenges and improve profitability to ensure long-term sustainability and success.
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) | -13.20% | -19.47% | -43.84% | -11.13% | -10.58% | -10.21% | -33.43% | -37.48% | -34.11% | -35.63% | -5.82% | -0.87% | -0.81% | -0.21% | 7.78% | 6.67% | 7.65% | 9.66% | 11.88% | 13.36% |
| Return on assets (ROA) | -19.39% | -26.36% | -50.06% | -12.85% | -11.48% | -11.10% | -35.55% | -37.99% | -35.95% | -36.89% | -0.12% | 4.59% | 5.01% | 6.01% | 8.85% | 7.20% | 8.65% | 8.62% | 9.56% | 12.97% |
| Return on total capital | -21.02% | -27.62% | -90.23% | -14.85% | -14.38% | -14.21% | -49.15% | -67.44% | -53.30% | -60.18% | 0.47% | 8.29% | 7.60% | 10.95% | 18.38% | 18.39% | 16.88% | 16.23% | 17.73% | 21.07% |
| Return on equity (ROE) | -51.50% | -74.59% | -211.98% | -22.50% | -20.21% | -19.06% | -63.86% | -67.04% | -66.74% | -61.68% | -0.18% | 6.43% | 7.09% | 8.55% | 14.83% | 12.80% | 13.98% | 13.57% | 15.19% | 20.32% |
Illumina Inc's profitability ratios have shown a declining trend over the quarters.
- Operating return on assets (Operating ROA) peaked at 13.36% on March 31, 2020, but steadily decreased to -43.84% on June 30, 2024.
- Return on assets (ROA) followed a similar pattern, with a high of 12.97% on March 31, 2020, and hitting a low of -50.06% on June 30, 2024.
- Return on total capital had a more significant decline, starting at 21.07% on March 31, 2020, and plunging to -90.23% on June 30, 2024.
- Return on equity (ROE) also experienced a substantial decrease, from 20.32% on March 31, 2020, to -211.98% on June 30, 2024.
This downward trend in profitability ratios suggests challenges in generating returns from both assets and equity over the quarters. It indicates potential issues in the company's operational efficiency and overall financial performance that may require strategic adjustments to improve profitability.