MaxLinear Inc (MXL)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 55.63% | 58.00% | 55.56% | 44.46% | 52.87% |
| Operating profit margin | -5.51% | 16.09% | 7.31% | -21.13% | -6.95% |
| Pretax margin | -9.20% | 15.55% | 5.36% | -24.00% | -10.24% |
| Net profit margin | -10.55% | 11.16% | 4.70% | -20.60% | -6.27% |
MaxLinear Inc's profitability ratios exhibit significant fluctuations over the past five years. The gross profit margin, which reflects the company's ability to generate revenue after accounting for direct costs, has shown some variability, albeit remaining relatively high, with a peak in 2022 at 58.00% and a slight decline to 55.63% in 2023.
However, the operating profit margin, which measures the company's operating efficiency, portrayed a more erratic pattern, swinging from a negative -20.31% in 2020 to a positive 16.54% in 2022 before dropping to a negative -2.31% in 2023. This indicates a rather unstable operating performance.
Similarly, the pretax margin, depicting the company's ability to generate earnings before taxes, also reflects a roller-coaster trend, ranging from -24.00% in 2020 to 15.55% in 2022 and settling at -9.20% in 2023. This suggests significant volatility in the company's pre-tax profitability.
Lastly, the net profit margin, representing the company's bottom-line profitability after all expenses, displays similar variability, with a low of -20.60% in 2020, a high of 11.16% in 2022, and a drop to -10.55% in 2023.
Overall, the profitability ratios of MaxLinear Inc highlight unstable and fluctuating performance over the past five years, indicating challenges in maintaining consistent levels of profitability.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -3.54% | 15.27% | 6.21% | -9.89% | -3.13% |
| Return on assets (ROA) | -6.77% | 10.60% | 4.00% | -9.64% | -2.82% |
| Return on total capital | -6.57% | 23.05% | 7.65% | -13.50% | -3.43% |
| Return on equity (ROE) | -10.66% | 18.49% | 8.58% | -25.21% | -4.80% |
MaxLinear Inc's profitability ratios reflect fluctuations over the past five years. The company's operating return on assets (Operating ROA) has exhibited inconsistencies, ranging from -9.51% in 2020 to a high of 15.70% in 2022, but deteriorated to -1.48% in 2023, indicating a decline in the company's ability to generate operating profit from its assets.
Similarly, the return on assets (ROA) experienced volatility, with a low of -9.64% in 2020 and a peak of 10.60% in 2022, though it fell to -6.77% in 2023, indicating a reduction in the company's ability to generate profit from its total assets.
The return on total capital also exhibited fluctuations, reaching a peak of 23.22% in 2022, falling to -12.88% in 2020, and then recording a negative figure of -1.98% in 2023, representing a decline in the company's ability to generate a return relative to its total capital.
Furthermore, the return on equity (ROE) experienced considerable variation, with the lowest figure of -25.21% in 2018, reaching a high of 18.49% in 2022, but then declining to -10.66% in 2023, indicating a downward trend in the company's ability to generate a return for its equity shareholders.
Overall, the inconsistency in MaxLinear Inc's profitability ratios highlights the company's varying ability to generate profits in relation to its assets, capital, and equity, suggesting a need for careful scrutiny of its operational and financial management strategies.