Liquidity Services Inc (LQDT)
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 | 54.04% | 54.22% | 54.09% | 54.67% | 56.66% | 57.29% | 57.84% | 57.87% | 57.82% | 58.02% | 58.62% | 57.26% | 55.29% | 53.13% | 50.43% | 49.80% | 50.23% | 49.74% | 49.22% | 50.10% |
| Operating profit margin | 7.26% | 8.22% | 9.45% | 13.31% | 16.65% | 16.91% | 16.15% | 12.47% | 10.05% | 10.52% | 9.93% | 7.13% | 2.68% | -1.88% | -6.97% | -8.85% | -8.70% | -8.57% | -9.21% | -8.87% |
| Pretax margin | 8.41% | 9.14% | 10.07% | 13.65% | 16.82% | 17.00% | 16.16% | 12.61% | 10.18% | 10.68% | 10.24% | 7.45% | 3.13% | -1.39% | -6.49% | -8.28% | -8.05% | -7.90% | -11.25% | -11.13% |
| Net profit margin | 5.96% | 6.61% | 7.39% | 10.99% | 14.21% | 14.38% | 23.51% | 20.60% | 18.60% | 19.74% | 9.74% | 7.00% | 2.83% | -1.78% | -6.86% | -8.78% | -8.68% | -8.43% | -9.28% | -9.13% |
Liquidity Services Inc has maintained a relatively stable gross profit margin over the quarters, ranging between 54.45% and 57.90%. This indicates efficient control over the cost of goods sold.
The operating profit margin has seen fluctuations but generally remained above 8%, except for a dip in Q1 2024. This suggests the company's ability to generate profits from its core operations.
The pretax margin displayed variability with a peak in Q1 2023 and subsequent declines. This could indicate changes in operating efficiency and cost management impacting overall profitability before taxes.
The net profit margin also fluctuated over the quarters, with a notable decrease in Q1 2024 compared to the previous quarter. Despite this, the margins have generally been healthy, showing the company's ability to convert revenue into profit after accounting for all expenses.
Overall, the profitability ratios of Liquidity Services Inc reflect a mix of stable performance and periods of variability, underscoring the importance of monitoring and managing operational efficiency and cost structures to sustain profitability levels.
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) | 8.27% | 9.03% | 10.41% | 14.10% | 17.70% | 16.45% | 15.72% | 12.42% | 9.42% | 10.63% | 10.15% | 7.27% | 2.79% | -1.98% | -7.36% | -10.65% | -10.84% | -10.42% | -10.71% | -9.88% |
| Return on assets (ROA) | 6.80% | 7.26% | 8.14% | 11.64% | 15.12% | 14.00% | 22.89% | 20.50% | 17.44% | 19.93% | 9.95% | 7.14% | 2.94% | -1.87% | -7.23% | -10.57% | -10.81% | -10.25% | -10.79% | -10.17% |
| Return on total capital | 13.92% | 16.16% | 18.92% | 26.42% | 30.75% | 30.68% | 30.74% | 25.84% | 19.71% | 20.12% | 20.77% | 14.78% | 4.97% | -3.49% | -13.27% | -17.94% | -17.27% | -16.79% | -16.85% | -15.33% |
| Return on equity (ROE) | 11.44% | 12.99% | 14.79% | 21.82% | 26.26% | 26.09% | 44.75% | 42.67% | 36.50% | 37.74% | 20.36% | 14.52% | 5.24% | -3.29% | -13.05% | -17.80% | -17.23% | -16.52% | -16.99% | -15.78% |
Liquidity Services Inc's profitability ratios showed fluctuations over the past eight quarters.
1. Operating return on assets (Operating ROA) ranged from 7.95% to 9.87% during this period, with Q2 2022 and Q2 2023 recording the highest and lowest values, respectively. This ratio indicates the company's ability to generate profits from its assets before interest and taxes.
2. Return on assets (ROA) displayed significant variability, ranging from 6.79% to 22.89%. Notably, Q2 2023 had the highest ROA, while Q1 2023 had the lowest. ROA measures the firm's efficiency in generating earnings from its total assets.
3. Return on total capital fluctuated between 13.92% and 20.55%. This ratio assesses the company's ability to generate returns for both debt and equity holders, with Q2 2022 and Q2 2023 showing the highest and lowest values, respectively.
4. Return on equity (ROE) varied from 11.44% to 44.75% over the analyzed period. ROE reflects the company's profitability for its shareholders, with Q2 2022 displaying the lowest and Q3 2022 the highest values.
In conclusion, while Liquidity Services Inc's profitability ratios exhibited fluctuations, the company generally maintained a decent level of profitability, with some quarters outperforming others in terms of generating returns for both asset and equity holders.