Intuitive Surgical Inc (ISRG)
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 | 62.10% | 62.45% | 62.88% | 63.25% | 64.08% | 65.54% | 65.88% | 66.42% | 67.09% | 66.80% | 66.43% | 64.30% | 63.71% | 64.45% | 65.44% | 67.82% | 68.64% | 68.61% | 69.04% | 69.60% |
| Operating profit margin | 23.20% | 23.12% | 22.93% | 22.90% | 24.08% | 26.16% | 27.53% | 29.61% | 30.86% | 31.46% | 30.24% | 25.15% | 23.37% | 23.23% | 25.23% | 29.98% | 30.34% | 30.44% | 30.91% | 30.51% |
| Pretax margin | 25.47% | 24.79% | 23.97% | 23.57% | 24.20% | 26.14% | 27.65% | 29.82% | 31.64% | 32.63% | 32.79% | 28.38% | 26.74% | 26.79% | 27.63% | 32.49% | 33.10% | 33.33% | 33.75% | 33.10% |
| Net profit margin | 23.61% | 20.76% | 20.15% | 19.30% | 20.19% | 21.78% | 23.25% | 26.86% | 28.89% | 29.75% | 30.39% | 24.94% | 23.61% | 23.72% | 25.44% | 29.58% | 30.44% | 30.56% | 29.76% | 29.78% |
Intuitive Surgical Inc's profitability ratios have exhibited a consistent and relatively stable trend over the past eight quarters. The company's gross profit margin has remained at healthy levels, averaging around 66% to 68%. This indicates efficient cost management in producing its goods or services.
In terms of operating profit margin, Intuitive Surgical Inc has maintained a range between 24% to 31% over the quarters analyzed, reflecting the company's ability to generate profitability from its core operations after accounting for operating expenses.
The pretax margin has fluctuated slightly but has generally stayed within the 25% to 31% range. This metric indicates the proportion of revenue that remains after accounting for operating and non-operating expenses but before taxes.
The net profit margin, which represents the company's bottom line profitability, has shown consistency around 20% to 27%. Despite some fluctuations, Intuitive Surgical Inc has managed to sustain strong profitability levels, indicating effective management of expenses and sustained revenue growth.
Overall, the company's profitability ratios suggest a stable and efficient financial performance, with consistent margins throughout the periods analyzed.
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) | 11.44% | 11.48% | 11.67% | 11.93% | 12.16% | 12.48% | 12.39% | 13.25% | 13.43% | 13.81% | 13.13% | 10.26% | 9.40% | 9.72% | 11.15% | 14.21% | 14.12% | 14.33% | 14.73% | 14.27% |
| Return on assets (ROA) | 11.64% | 10.31% | 10.25% | 10.05% | 10.19% | 10.39% | 10.47% | 12.02% | 12.58% | 13.06% | 13.20% | 10.17% | 9.50% | 9.92% | 11.24% | 14.02% | 14.17% | 14.39% | 14.18% | 13.93% |
| Return on total capital | 13.28% | 13.47% | 13.66% | 13.88% | 14.28% | 14.37% | 14.13% | 14.97% | 15.30% | 15.66% | 14.89% | 11.66% | 10.79% | 11.14% | 12.89% | 16.52% | 16.63% | 16.86% | 17.29% | 16.73% |
| Return on equity (ROE) | 13.51% | 12.10% | 12.00% | 11.70% | 11.98% | 11.97% | 11.93% | 13.58% | 14.32% | 14.80% | 14.97% | 11.56% | 10.90% | 11.38% | 13.00% | 16.30% | 16.69% | 16.93% | 16.65% | 16.33% |
Intuitive Surgical Inc's profitability ratios exhibit relatively consistent performance over the past eight quarters. The operating return on assets (Operating ROA) has demonstrated a slight downward trend from 12.16% in Q4 2022 to 11.44% in Q4 2023, indicating a decreasing efficiency in generating profits from its total assets solely from operations.
Return on assets (ROA) has also displayed stability, hovering around 10-11% throughout the quarters, suggesting the company's ability to generate earnings relative to its total assets has remained fairly constant.
Return on total capital has shown a consistent performance, staying above 13% in each quarter, indicating that the company has been effective in utilizing its total capital to generate profits for its stakeholders.
Return on equity (ROE) has exhibited a similar trend to ROA, remaining relatively stable around 11-13% over the quarters, demonstrating the company's ability to generate profit from shareholders' equity.
Overall, Intuitive Surgical Inc's profitability ratios suggest a robust financial performance, with consistent profitability and efficient utilization of assets and capital to generate returns for its investors.
See also:
Intuitive Surgical Inc Profitability Ratios (Quarterly Data)