Inspire Medical Systems Inc (INSP)
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 | 84.68% | 84.77% | 84.83% | 84.65% | 84.54% | 84.10% | 83.74% | 83.91% | 84.14% | 84.72% | 85.99% | 86.49% | 86.53% | 86.11% | 86.01% | 85.90% | 85.91% | 86.15% | 85.18% | 84.34% |
| Operating profit margin | 4.49% | 1.79% | -2.03% | -5.45% | -6.45% | -8.75% | -10.21% | -10.97% | -11.72% | -14.18% | -13.95% | -15.45% | -17.23% | -22.61% | -26.03% | -41.76% | -49.39% | -61.71% | -71.28% | -49.13% |
| Pretax margin | 7.28% | 4.90% | 1.21% | -2.13% | -3.20% | -5.60% | -7.67% | -9.22% | -10.90% | -14.43% | -14.63% | -16.30% | -18.17% | -23.60% | -27.09% | -42.96% | -50.18% | -61.96% | -70.56% | -47.54% |
| Net profit margin | 6.67% | 4.37% | 0.85% | -2.38% | -3.39% | -5.75% | -7.82% | -9.37% | -11.05% | -14.57% | -14.70% | -16.34% | -18.18% | -23.64% | -27.18% | -43.05% | -50.27% | -62.09% | -70.61% | -47.59% |
Inspire Medical Systems Inc's profitability ratios show fluctuations over the period under consideration.
- Gross profit margin has been relatively stable, ranging from 84.14% to 86.53%. It indicates the company's ability to generate profit after accounting for the cost of goods sold.
- Operating profit margin has shown significant improvement, going from negative percentages to positive, reaching 4.49% by December 31, 2024. This suggests better control over operating expenses.
- Pretax margin also demonstrates a positive trend, moving from negative to positive figures, with a notable increase from -3.20% on December 31, 2023, to 7.28% by December 31, 2024.
- Net profit margin has seen a similar positive shift, with the company moving from negative margins to positive figures, reaching 6.67% by December 31, 2024. This shows an improvement in overall profitability after accounting for all expenses.
Overall, the trend in profitability ratios for Inspire Medical Systems Inc indicates a positive trajectory, reflecting better cost management and operational efficiency leading to improved profitability over the period analyzed.
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) | 4.46% | 1.70% | -1.96% | -5.25% | -5.95% | -7.80% | -8.67% | -8.92% | -8.43% | -9.30% | -14.27% | -13.88% | -13.50% | -16.17% | -16.60% | -20.28% | -19.99% | -21.50% | -21.08% | -25.68% |
| Return on assets (ROA) | 6.62% | 4.15% | 0.83% | -2.29% | -3.13% | -5.12% | -6.64% | -7.63% | -7.95% | -9.56% | -15.04% | -14.68% | -14.25% | -16.90% | -17.33% | -20.91% | -20.34% | -21.63% | -20.88% | -24.87% |
| Return on total capital | 5.23% | 1.94% | -1.41% | -4.39% | -4.52% | -6.53% | -8.17% | -8.99% | -9.31% | -10.14% | -17.55% | -16.91% | -16.27% | -18.80% | -18.58% | -22.16% | -21.61% | -22.31% | -21.11% | -25.71% |
| Return on equity (ROE) | 7.76% | 4.74% | 0.94% | -2.67% | -3.69% | -6.02% | -7.76% | -8.64% | -9.05% | -10.72% | -19.35% | -18.89% | -18.36% | -21.40% | -21.45% | -25.62% | -24.90% | -25.70% | -24.26% | -32.36% |
The profitability ratios of Inspire Medical Systems Inc show a mixed performance over the periods analyzed.
1. Operating Return on Assets (Operating ROA):
- The Operating ROA was negative in all periods, indicating that the company's core operations did not generate a positive return on its assets. The ratio ranged from -25.68% to 4.46% over the period, showing an improvement in profitability from negative to positive in the latter periods.
2. Return on Assets (ROA):
- The ROA was also negative in the initial periods, but improved gradually to positive figures by the end of the period. This suggests that the overall profitability of the company in relation to its total assets improved over time.
3. Return on Total Capital:
- The Return on Total Capital reflected a similar trend to ROA, starting negative and turning positive towards the end of the period. This ratio indicates the effectiveness of the company in generating returns from both equity and debt capital invested.
4. Return on Equity (ROE):
- The ROE followed a pattern similar to ROA and Return on Total Capital, with negative values initially turning positive by the end of the period. This ratio signifies the profitability of the company from the shareholders' perspective.
Overall, the profitability ratios of Inspire Medical Systems Inc show an improving trend over the periods analyzed, indicating a positive shift towards profitability and potential value creation for investors.