LeMaitre Vascular Inc (LMAT)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 68.63% | 65.66% | 64.89% | 65.65% | 65.41% |
| Operating profit margin | 23.77% | 18.97% | 13.09% | 16.55% | 15.31% |
| Pretax margin | 25.87% | 20.40% | 17.01% | 22.20% | 21.15% |
| Net profit margin | 20.03% | 15.56% | 12.77% | 17.42% | 16.40% |
LeMaitre Vascular Inc's profitability ratios show a generally positive trend over the past five years.
1. Gross Profit Margin: The company's gross profit margin has been consistently high, ranging from 64.89% to 68.63%. This indicates that LeMaitre Vascular is efficiently managing its production costs and generating a healthy level of gross profit from its operations.
2. Operating Profit Margin: The operating profit margin has shown some fluctuations but has generally increased from 15.31% in 2020 to 23.77% in 2024. This indicates that the company is effectively controlling its operating expenses and improving its profitability at the operating level.
3. Pretax Margin: LeMaitre Vascular's pretax margin has also shown a positive trend, increasing from 21.15% in 2020 to 25.87% in 2024. This indicates that the company is efficiently managing its tax liabilities and generating higher profits before taxes.
4. Net Profit Margin: The net profit margin has somewhat fluctuated but has shown an overall improvement from 16.40% in 2020 to 20.03% in 2024. This indicates that LeMaitre Vascular is effectively managing its overall expenses, including interest and taxes, to generate a higher net profit relative to its revenue.
In summary, LeMaitre Vascular Inc has shown a strong performance in terms of profitability ratios, indicating efficient cost management and a steady increase in profitability over the past five years.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 9.47% | 10.59% | 6.82% | 8.73% | 7.83% |
| Return on assets (ROA) | 7.98% | 8.68% | 6.65% | 9.19% | 8.39% |
| Return on total capital | 16.92% | 13.25% | 10.25% | 14.36% | 16.61% |
| Return on equity (ROE) | 13.06% | 10.11% | 7.69% | 10.59% | 12.30% |
LeMaitre Vascular Inc's profitability ratios show fluctuations over the years. The Operating Return on Assets (Operating ROA) increased from 7.83% in 2020 to 10.59% in 2023 before slightly decreasing to 9.47% in 2024. This indicates the company's ability to generate operating profits relative to its total assets.
The Return on Assets (ROA) also displayed variations, with a peak of 9.19% in 2021 and a low of 6.65% in 2022. The ratio improved to 8.68% in 2023 but dropped slightly to 7.98% in 2024. ROA reflects the company's overall profitability in relation to its total assets.
The Return on Total Capital ranged from 10.25% in 2022 to 16.92% in 2024. This ratio signifies the efficiency of the company in generating profits from its total capital employed.
Lastly, the Return on Equity (ROE) had fluctuations from 10.59% in 2021 to 13.06% in 2024. ROE provides a measure of the return on shareholder equity investment in the company.
Overall, LeMaitre Vascular Inc's profitability ratios demonstrate varying levels of performance in terms of generating profits from assets, capital, and shareholder equity over the years reviewed.