N-Able Inc (NABL)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | |
|---|---|---|---|
| Gross profit margin | 84.13% | 84.32% | 85.40% |
| Operating profit margin | 16.73% | 12.76% | 9.68% |
| Pretax margin | 10.54% | 8.19% | 3.37% |
| Net profit margin | 5.57% | 4.50% | 0.03% |
N-Able Inc has exhibited a consistent trend in its gross profit margin over the past three years, with slight fluctuations ranging from 84.13% in 2023 to 85.40% in 2021. This indicates that the company has been able to effectively manage its production costs relative to its revenues.
The operating profit margin of N-Able Inc has shown an upward trajectory, increasing from 9.68% in 2021 to 16.73% in 2023. This suggests that the company has been successful in controlling its operating expenses and improving operational efficiency.
Similarly, the pretax margin has demonstrated positive growth over the same period, rising from 3.37% in 2021 to 10.54% in 2023. This indicates that N-Able Inc has been able to enhance its profitability before accounting for taxes.
Furthermore, the net profit margin, which reflects the company's bottom line profitability, has also shown significant improvement, climbing from 0.03% in 2021 to 5.57% in 2023. This highlights N-Able Inc's ability to generate profit after all expenses have been taken into account.
Overall, the profitability ratios of N-Able Inc have displayed a positive trend over the past three years, indicating an enhancement in the company's profitability and operational efficiency.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | |
|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.05% | 4.39% | 3.16% |
| Return on assets (ROA) | 2.01% | 1.55% | 0.01% |
| Return on total capital | 6.74% | 4.86% | 3.49% |
| Return on equity (ROE) | 3.29% | 2.60% | 0.02% |
N-Able Inc has shown a positive trend in profitability ratios over the past three years. The Operating return on assets (Operating ROA) has increased from 3.16% in 2021 to 6.05% in 2023, indicating that the company is generating more profit for each dollar of assets employed in its operations. This suggests improved operational efficiency and effectiveness.
Similarly, the Return on assets (ROA) has also shown an upward trend, increasing from 0.01% in 2021 to 2.01% in 2023. This indicates that the company has been more successful in generating profits from its total assets over the years, reflecting better asset utilization and profitability.
The Return on total capital has also increased steadily from 3.49% in 2021 to 6.74% in 2023, showing that N-Able Inc has been able to deliver higher returns to both equity and debt holders. This could be attributed to the company's improved operational performance and financial management.
Lastly, the Return on equity (ROE) has shown significant growth, rising from 0.02% in 2021 to 3.29% in 2023. This signifies that N-Able Inc has been more effective in utilizing shareholder equity to generate profits, providing a positive signal to investors about the company's financial health and the potential for future growth.
Overall, the profitability ratios of N-Able Inc demonstrate a positive trajectory, indicating improved profitability, operational efficiency, and financial performance over the years. This could be seen as a favorable sign for the company's stakeholders.