Incyte Corporation (INCY)
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 | 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% | 94.86% | 94.86% | 95.06% |
| Operating profit margin | 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% | 18.45% | 14.25% | 13.54% |
| Pretax margin | 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% | 20.47% | 15.68% | 13.01% |
| Net profit margin | 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% | 19.21% | 15.25% | 12.66% |
Incyte Corp. has shown consistent high gross profit margins ranging from 93.10% to 94.72% over the eight quarters analyzed. This indicates the company's ability to efficiently manage its production costs.
However, the operating profit margin has been more variable, ranging from 12.60% to 22.75%. The company experienced a dip in Q2 and Q1 of 2023 compared to the previous quarters.
The pretax margin has also fluctuated, with a range of 14.71% to 22.57%. The peak was seen in Q4 of 2023, suggesting that the company effectively managed its expenses and taxes during that quarter.
The net profit margin showed significant variability, ranging from 9.35% to 29.96%. There was a notable decline in profitability in Q3 and Q4 of 2022, which gradually improved in the following quarters.
Overall, Incyte Corp. has exhibited strong profitability ratios, particularly in terms of gross profit margins. However, the fluctuations in operating profit margin and net profit margin call for further analysis of cost management and revenue generation strategies to ensure sustained profitability in the future.
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) | 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% | 12.10% | 9.70% | 9.82% |
| Return on assets (ROA) | 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% | 12.60% | 10.38% | 9.18% |
| Return on total capital | 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% | 17.75% | 13.95% | 12.42% |
| Return on equity (ROE) | 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% | 16.72% | 13.61% | 12.13% |
Incyte Corp.'s profitability ratios show fluctuating trends over the past eight quarters.
The Operating return on assets (Operating ROA) has shown a downward trend from 14.20% in Q2 2022 to 7.13% in Q2 2023, indicating a decreasing operational efficiency in generating profits from its assets.
Return on assets (ROA) has also shown a fluctuating trend with a significant decrease from 15.90% in Q3 2022 to 5.59% in Q1 2023, showing a decline in the company's ability to generate profits relative to its total assets.
Return on total capital has shown variability, with the highest value of 18.34% in Q2 2022 and the lowest value of 9.28% in Q2 2023, suggesting inconsistency in the company's ability to generate returns from the total capital employed.
Return on equity (ROE) has displayed fluctuations as well, with a sharp decline from 24.15% in Q1 2022 to 7.27% in Q1 2023, indicating a decrease in the company's ability to generate profits relative to shareholder equity.
Overall, Incyte Corp. should focus on improving its operational efficiency and profitability to ensure sustainable growth and maximize returns for its shareholders.