Incyte Corporation (INCY)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 92.75% | 92.99% | 93.12% | 93.10% | 93.23% | 93.20% | 93.63% | 93.90% | 94.24% | 94.67% | 94.72% | 94.94% | 95.08% | 94.93% | 95.07% | 95.08% | 94.82% | 94.85% | 94.66% | 94.71% |
| Operating profit margin | 17.26% | 16.20% | 18.26% | 16.80% | 13.95% | 12.15% | 14.05% | 17.06% | 18.62% | 21.60% | 19.38% | 19.62% | 21.95% | 15.04% | 18.47% | -9.89% | -13.55% | -8.54% | -15.07% | 18.62% |
| Pretax margin | 23.22% | 22.72% | 27.05% | 22.59% | 17.84% | 15.90% | 14.71% | 15.58% | 17.07% | 18.96% | 18.35% | 19.10% | 21.23% | 14.91% | 20.02% | -8.71% | -11.17% | -5.14% | -14.42% | 22.55% |
| Net profit margin | 16.11% | 16.42% | 19.80% | 16.18% | 11.77% | 10.43% | 9.35% | 10.03% | 26.31% | 28.46% | 29.96% | 31.76% | 18.35% | 12.41% | 17.70% | -11.09% | -13.62% | -8.00% | -16.87% | 20.70% |
Incyte Corporation's profitability ratios exhibit fluctuations over the years. The Gross Profit Margin has steadily declined from 94.71% as of December 31, 2019, to 92.75% as of December 31, 2024, indicating a slight decrease in the percentage of revenue retained after accounting for the cost of goods sold.
The Operating Profit Margin, which reflects the company's ability to generate profits from its core operations, shows significant volatility, moving from negative figures in some quarters to positive margins, with a general positive trend over the period.
The Pretax Margin, indicating the proportion of income before taxes relative to total revenue, also experienced variability but displayed an overall upward trajectory, increasing from negative values to positive percentages, with spikes in profitability in between.
Net Profit Margin, representing the percentage of revenue converted into actual profit, showcases a mixed trend with periods of negative margins followed by a recovery in profitability. Despite experiencing fluctuations, the company managed to improve its net profit margin from negative figures to positive margins over the timeframe.
Overall, Incyte Corporation's profitability ratios demonstrate a mix of challenges and improvements in managing costs, generating operational profits, and translating revenue into net income over the analyzed period.
Return on investment
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 13.35% | 12.77% | 9.64% | 9.15% | 7.88% | 6.88% | 8.41% | 9.92% | 11.25% | 13.48% | 11.94% | 11.87% | 15.23% | 10.48% | 13.63% | -7.40% | -10.07% | -6.35% | -12.21% | 11.73% |
| Return on assets (ROA) | 12.46% | 12.93% | 10.45% | 8.81% | 6.65% | 5.90% | 5.59% | 5.83% | 15.90% | 17.77% | 18.46% | 19.23% | 12.73% | 8.65% | 13.07% | -8.30% | -10.11% | -5.95% | -13.66% | 13.04% |
| Return on total capital | 27.73% | 28.03% | 18.93% | 16.12% | 13.11% | 11.84% | 11.49% | 12.17% | 13.52% | 15.47% | 14.86% | 15.18% | 19.69% | 13.87% | 19.91% | -8.81% | -11.38% | -5.14% | -16.48% | 18.81% |
| Return on equity (ROE) | 19.67% | 20.44% | 13.82% | 11.51% | 8.62% | 7.73% | 7.27% | 7.80% | 20.73% | 23.13% | 24.15% | 25.16% | 16.98% | 11.50% | 17.54% | -11.32% | -13.99% | -8.15% | -19.41% | 17.20% |
Based on the provided data, the profitability ratios of Incyte Corporation exhibit fluctuations over the periods analyzed.
1. Operating return on assets (Operating ROA) ranged from a low of -12.21% in March 2020 to a peak of 15.23% in September 2021. The ratio improved over the years, showing stability between 10-15% in recent periods.
2. Return on assets (ROA) also experienced variability, with the lowest being -13.66% in March 2020 and the highest reaching 19.23% in December 2021. The ratio generally improved after the low point in 2020, stabilizing around 10-15%.
3. Return on total capital ranged from a low of -16.48% in March 2020 to a high of 28.03% in September 2024. The ratio showed significant improvement over time, demonstrating positive returns, especially in the latter periods.
4. Return on equity (ROE) fluctuated between -19.41% in March 2020 and 25.16% in December 2021. The ratio improved steadily over the years, maintaining levels above 10% and peaking in 2021.
Overall, Incyte Corporation's profitability ratios have shown improvement and stability in recent periods, indicating the company's ability to generate returns for its assets and capital, thereby creating value for shareholders.