MaxLinear Inc (MXL)
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 | 55.63% | 55.97% | 56.91% | 57.52% | 58.00% | 58.30% | 57.80% | 56.89% | 55.56% | 52.09% | 48.76% | 46.93% | 44.46% | 47.00% | 51.22% | 52.07% | 52.87% | 52.86% | 52.66% | 53.28% |
| Operating profit margin | -5.51% | 5.20% | 11.35% | 14.43% | 16.09% | 15.63% | 13.73% | 10.92% | 7.31% | 1.46% | -6.02% | -11.36% | -21.13% | -24.13% | -19.54% | -11.66% | -6.95% | -7.42% | -10.03% | -8.74% |
| Pretax margin | -9.20% | 2.28% | 10.48% | 13.97% | 15.55% | 15.03% | 13.55% | 9.22% | 5.37% | -1.12% | -9.05% | -13.91% | -24.00% | -27.37% | -22.63% | -14.73% | -10.24% | -10.56% | -13.71% | -12.31% |
| Net profit margin | -10.55% | -0.42% | 6.41% | 9.14% | 11.16% | 11.33% | 10.08% | 7.58% | 4.70% | -1.30% | -7.41% | -12.67% | -20.60% | -23.18% | -18.07% | -10.36% | -6.27% | -3.43% | -6.09% | -9.17% |
The profitability ratios for MaxLinear Inc show some fluctuation over the past eight quarters. The gross profit margin has gradually decreased from 58.00% in December 2022 to 55.63% in December 2023. This indicates a potential decrease in the company's ability to generate profit from its sales after accounting for the cost of goods sold.
In contrast, the operating profit margin has shown more variability, reaching a low of -2.31% in December 2023 after peaking at 16.54% in December 2022. This suggests that the company's ability to control its operating expenses and generate operating profit has been somewhat inconsistent.
The pretax margin has also experienced fluctuations, with a notable decrease from 15.55% in December 2022 to -9.20% in December 2023. This implies that the company's profitability before accounting for taxes and other non-operating expenses has been under pressure.
Similarly, the net profit margin has shown variability, with a decrease from 11.16% in December 2022 to -10.55% in December 2023. This indicates a decrease in the company's net income as a percentage of its total revenue.
In summary, while the gross profit margin has exhibited a consistent downward trend, the operating profit margin, pretax margin, and net profit margin have all experienced fluctuations. This suggests that MaxLinear Inc's ability to control expenses and maintain profitability has been inconsistent over the past eight quarters.
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) | -3.54% | 4.05% | 9.85% | 13.30% | 15.27% | 14.24% | 11.88% | 9.41% | 6.21% | 1.16% | -4.49% | -7.12% | -9.89% | -8.48% | -7.82% | -4.96% | -3.13% | -3.52% | -4.67% | -4.19% |
| Return on assets (ROA) | -6.77% | -0.32% | 5.57% | 8.43% | 10.60% | 10.33% | 8.72% | 6.53% | 4.00% | -1.03% | -5.53% | -7.94% | -9.64% | -8.14% | -7.23% | -4.40% | -2.82% | -1.62% | -2.84% | -4.39% |
| Return on total capital | -6.56% | 3.59% | 13.33% | 19.18% | 23.06% | 21.83% | 18.17% | 12.10% | 7.65% | 0.76% | -6.83% | -9.46% | -13.50% | -11.18% | -8.66% | -5.32% | -3.43% | -3.81% | -5.35% | -4.75% |
| Return on equity (ROE) | -10.66% | -0.51% | 8.67% | 13.76% | 18.49% | 19.83% | 18.08% | 13.59% | 8.58% | -2.38% | -13.09% | -18.85% | -25.21% | -20.67% | -12.46% | -7.48% | -4.80% | -2.78% | -5.03% | -8.06% |
The profitability ratios of MaxLinear Inc show some fluctuations over the past eight quarters. The operating return on assets (Operating ROA) has varied from -1.48% to 14.31%, with a general declining trend from 15.70% in Dec 31, 2022 to -1.48% in Dec 31, 2023. Similarly, the return on assets (ROA) has fluctuated, ranging from -6.77% to 10.60% over the same period.
The return on total capital has shown a similar pattern, with values fluctuating from -1.98% to 23.22%. Although, it is important to note that there was a significant increase from Mar 31, 2022 to Mar 31, 2023, indicating improved utilization of total capital.
In terms of return on equity (ROE), the values have ranged from -10.66% to 18.49%, displaying a fluctuating trend similar to other profitability ratios.
Overall, the trend suggests fluctuations in the company's profitability performance, indicating potential changes in operating efficiency, asset utilization, and capital management over the analyzed period.