Innoviva Inc (INVA)
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 | 58.80% | 59.05% | 61.14% | 70.56% | 75.93% | 84.91% | 93.39% | 95.34% | 95.66% | 94.79% | 94.54% | 94.68% | 95.64% | 97.27% | 96.46% | 95.61% | 95.01% | 95.09% | 95.38% | 95.49% |
| Operating profit margin | 5.96% | -59.76% | 39.57% | 62.41% | 86.41% | 78.72% | 29.16% | 33.76% | 32.92% | 99.88% | 99.55% | 99.80% | 100.84% | 100.44% | 100.27% | 99.88% | 99.72% | 99.61% | 100.20% | 98.34% |
| Pretax margin | 66.62% | 25.67% | 115.12% | 102.16% | 97.69% | 109.09% | 37.29% | 70.04% | 91.80% | 109.81% | 96.56% | 97.61% | 89.45% | 88.65% | 100.44% | 88.02% | 80.62% | 83.09% | 83.31% | 83.36% |
| Net profit margin | 61.70% | 18.79% | 88.13% | 79.60% | 74.49% | 87.09% | 27.12% | 52.32% | 71.31% | 86.97% | 76.47% | 77.84% | 70.46% | 70.14% | 79.85% | 69.81% | 63.67% | 149.48% | 155.24% | 157.22% |
Innoviva Inc's profitability ratios have shown fluctuations over the past 8 quarters. The Gross Profit Margin has generally remained high, ranging from 86.27% to 100.00%. This indicates that the company has been able to maintain a high percentage of revenue after accounting for the cost of goods sold.
The Operating Profit Margin has shown more variability, fluctuating between 33.76% and 88.99%. This suggests that the company's operational efficiency in generating profit from its core business activities has been inconsistent.
The Pretax Margin has also demonstrated significant variability, with values ranging from 23.49% to 109.35%. This metric indicates the company's ability to generate profit before accounting for taxes, with some quarters showing stronger performance than others.
The Net Profit Margin, which reflects the final profitability after all expenses have been deducted, has shown fluctuations as well, ranging from 17.17% to 80.35%. This ratio provides insight into the company's overall bottom line performance.
Overall, while Innoviva Inc has maintained a high Gross Profit Margin, the fluctuations in the Operating Profit Margin, Pretax Margin, and Net Profit Margin suggest potential volatility in the company's profitability and efficiency in managing expenses over the analyzed quarters.
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) | 1.40% | -13.35% | 9.37% | 16.17% | 20.15% | 19.92% | 9.40% | 10.92% | 13.25% | 40.05% | 43.75% | 29.82% | 32.13% | 33.61% | 32.55% | 34.30% | 33.99% | 36.98% | 38.43% | 42.32% |
| Return on assets (ROA) | 14.45% | 4.20% | 20.87% | 20.62% | 17.37% | 22.04% | 8.75% | 16.93% | 28.70% | 34.87% | 33.60% | 23.26% | 22.45% | 23.47% | 25.92% | 23.98% | 21.70% | 55.49% | 59.53% | 67.66% |
| Return on total capital | 19.02% | 7.96% | 32.27% | 39.27% | 42.31% | 31.35% | 12.87% | 14.59% | 15.16% | 44.69% | 47.97% | 31.74% | 34.70% | 35.67% | 34.16% | 35.63% | 35.67% | 38.12% | 40.24% | 43.58% |
| Return on equity (ROE) | 26.63% | 7.95% | 42.04% | 41.50% | 37.81% | 45.62% | 25.62% | 48.50% | 64.10% | 76.81% | 80.41% | 39.89% | 41.56% | 44.58% | 49.91% | 49.78% | 50.17% | 140.46% | 168.68% | 212.10% |
Profitability ratios provide insights into a company's ability to generate profits from its operations and investments.
Operating return on assets (Operating ROA) measures the efficiency of the company's operations in generating profits relative to its total assets. Innoviva Inc's Operating ROA has shown variability over the past quarters, ranging from 8.77% to 31.59%, with the latest value for Q4 2023 at 17.13%.
Return on assets (ROA) indicates the overall profitability of the company in relation to its total assets. The trend for ROA has also been fluctuating, with values ranging between 4.20% and 22.04%, and the latest figure for Q4 2023 standing at 14.45%.
Return on total capital assesses the return generated from all forms of capital employed in the business. Innoviva Inc's return on total capital has fluctuated between 11.38% and 40.35% over the previous quarters, with the Q4 2023 value at 19.00%.
Return on equity (ROE) measures the profitability specifically for shareholders. The ROE for Innoviva Inc has varied from 7.95% to 48.50% over the past quarters, with the latest reported figure for Q4 2023 at 26.63%.
Overall, while Innoviva Inc has displayed profitability across its operations and investments, the fluctuations in these ratios suggest varying levels of efficiency and performance over the quarters. It is essential for stakeholders to closely monitor these ratios to assess the company's financial health and sustainability in the long run.