Masimo Corporation (MASI)

Profitability ratios

Return on sales

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Gross profit margin 49.53% 50.08% 49.08% 48.49% 48.84% 49.31% 49.82% 48.88% 51.35% 54.12% 57.99% 65.58% 65.23% 64.67% 64.18% 64.30% 64.97% 65.96% 66.89% 67.96%
Operating profit margin -13.15% 6.68% 6.49% 6.69% 6.64% 7.76% 8.83% 8.08% 10.18% 12.06% 14.92% 21.68% 22.26% 21.82% 21.69% 21.52% 22.37% 23.03% 23.34% 24.00%
Pretax margin -15.06% 3.89% 4.04% 4.38% 4.29% 5.65% 7.18% 6.89% 9.38% 12.09% 15.14% 21.59% 22.15% 21.91% 21.90% 21.84% 23.06% 23.85% 24.32% 25.27%
Net profit margin -15.04% 3.85% 3.92% 3.99% 3.97% 4.14% 5.24% 5.07% 6.96% 9.63% 12.55% 17.91% 18.53% 19.23% 19.00% 19.54% 21.01% 20.30% 21.22% 21.66%

Masimo Corporation's profitability ratios have displayed a declining trend over the analyzed period. The gross profit margin started at a healthy 67.96% in March 2020 but gradually decreased to 49.53% by December 2024. Similarly, the operating profit margin decreased from 24.00% in March 2020 to -13.15% in December 2024, indicating deteriorating operational efficiency.

The pretax margin also followed a downward trajectory, declining from 25.27% in March 2020 to -15.06% in December 2024, reflecting challenges in generating profits before accounting for taxes. Furthermore, the net profit margin decreased from 21.66% in March 2020 to -15.04% in December 2024, indicating a decline in the company's ability to convert revenue into bottom-line profit.

Overall, Masimo Corporation's profitability ratios have shown a concerning trend of decreasing margins over the analyzed period, suggesting potential challenges in managing costs, generating profits, and maintaining overall financial health.


Return on investment

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Operating return on assets (Operating ROA) -10.16% 4.42% 4.54% 4.48% 4.49% 5.53% 6.49% 6.04% 6.54% 7.00% 7.66% 14.14% 14.61% 14.90% 15.18% 15.80% 14.94% 14.74% 14.94% 15.88%
Return on assets (ROA) -11.61% 2.55% 2.74% 2.67% 2.68% 2.95% 3.85% 3.79% 4.47% 5.59% 6.44% 11.68% 12.17% 13.13% 13.30% 14.35% 14.03% 12.99% 13.59% 14.33%
Return on total capital -14.82% 6.02% 6.09% 6.22% 6.19% 8.00% 9.54% 9.17% 9.88% 10.38% 11.05% 17.00% 17.72% 18.02% 18.56% 19.32% 18.76% 18.50% 18.97% 19.70%
Return on equity (ROE) -28.99% 5.37% 5.80% 5.79% 5.97% 6.94% 8.85% 8.89% 10.72% 13.64% 15.86% 14.09% 14.81% 15.81% 16.08% 17.26% 17.07% 15.73% 16.53% 16.86%

Masimo Corporation's profitability ratios show a declining trend over the period analyzed. The Operating Return on Assets (Operating ROA) decreased from 15.88% as of March 2020 to 4.49% by December 2024. Return on Assets (ROA) also followed a downward trajectory, falling from 14.33% in March 2020 to -11.61% in December 2024. Return on Total Capital decreased from 19.70% in March 2020 to -14.82% by December 2024, indicating a significant decline in the company's ability to generate profit relative to its total capital.

Return on Equity (ROE) also witnessed a notable decrease, starting at 16.86% in March 2020 and declining to -28.99% by December 2024. These declining profitability ratios suggest that Masimo Corporation's efficiency in generating profits from its assets, capital, and equity has weakened over the analyzed period. It indicates potential challenges in operational performance and overall financial health, which may require further investigation and strategic evaluation to address the declining profitability trend.