Integer Holdings Corp (ITGR)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 27.27% | 26.99% | 28.37% | 27.46% | 29.39% |
| Operating profit margin | 10.91% | 9.12% | 11.43% | 11.59% | 13.05% |
| Pretax margin | 7.00% | 5.79% | 8.83% | 8.29% | 9.13% |
| Net profit margin | 5.91% | 4.99% | 8.15% | 7.43% | 7.98% |
The profitability ratios of Integer Holdings Corp have shown fluctuating trends over the past five years. The gross profit margin has remained relatively stable, ranging between 26.09% to 28.22%. This indicates that the company has been able to maintain a consistent level of profitability after accounting for the cost of goods sold.
The operating profit margin has also shown variability, with a low of 9.91% in 2022 and a high of 13.50% in 2019. This ratio reflects the company's ability to generate profits from its core operations after accounting for operating expenses. Despite the fluctuations, the operating profit margin has generally been within a reasonable range.
The pretax margin has shown significant fluctuations, with a low of 5.52% in 2022 and a high of 8.36% in 2019. This ratio represents the profitability of the company before accounting for taxes and indicates the overall efficiency of its operations in generating profits.
Lastly, the net profit margin has also exhibited variability, with a low of 4.82% in 2022 and a high of 7.93% in 2021. This ratio reflects the company's bottom-line profitability after accounting for all expenses, including taxes. Despite the fluctuations, Integer Holdings Corp has generally maintained positive net profit margins over the years.
Overall, while the profitability ratios of the company have shown some fluctuations, Integer Holdings Corp has managed to maintain a reasonable level of profitability over the past five years, demonstrating its ability to generate profits from its operations.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 5.69% | 4.34% | 5.26% | 5.09% | 6.70% |
| Return on assets (ROA) | 3.08% | 2.38% | 3.75% | 3.26% | 4.09% |
| Return on total capital | 6.48% | 4.97% | 6.30% | 6.33% | 8.44% |
| Return on equity (ROE) | 5.97% | 4.68% | 7.15% | 6.08% | 8.36% |
Integer Holdings Corp's profitability ratios show a mixed performance over the past five years.
- Operating return on assets (Operating ROA) has generally increased from 5.41% in 2020 to 5.81% in 2023, indicating the company's ability to generate operating profits from its assets.
- Return on assets (ROA) also shows an improving trend, with a slight dip in 2022 but an overall increase from 3.26% in 2020 to 3.08% in 2023, suggesting that Integer is becoming more efficient in generating profits from its total assets.
- Return on total capital has shown fluctuations but has generally risen from 6.40% in 2020 to 6.87% in 2023, highlighting the company's ability to generate returns on its total invested capital.
- Return on equity (ROE) has varied over the years, with a peak at 8.36% in 2019 but a decline to 5.97% in 2023. This indicates that while Integer has generated profits for its equity holders, the return has fluctuated.
Overall, Integer's profitability ratios demonstrate a mix of improvements and fluctuations, which could be attributed to various internal and external factors impacting the company's performance. Further analysis is needed to understand the underlying reasons for these trends and to determine the sustainability of Integer's profitability levels.