Envista Holdings Corp (NVST)
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 55.02% | 52.72% | 54.22% | 56.00% | 56.25% | 57.77% | 57.74% | 57.52% | 57.49% | 56.19% | 56.13% | 56.13% | 55.93% | 56.60% | 53.98% | 51.12% | 47.79% | 48.64% |
| Operating profit margin | -41.61% | -50.79% | -48.04% | 0.29% | 1.23% | 12.66% | 12.30% | 11.78% | 12.44% | 10.73% | 11.06% | 11.78% | 12.01% | 13.27% | 12.30% | 5.38% | 0.10% | -1.55% |
| Pretax margin | -43.48% | -52.72% | -51.39% | -2.94% | -2.14% | 9.26% | 10.24% | 10.00% | 11.27% | 11.37% | 12.26% | 13.02% | 13.00% | 12.69% | 11.26% | 3.67% | -1.45% | -1.49% |
| Net profit margin | -44.84% | -52.76% | -51.93% | -4.70% | -3.91% | 7.49% | 8.50% | 8.33% | 9.48% | 9.89% | 11.69% | 13.38% | 13.35% | 14.44% | 12.00% | 5.38% | 1.51% | -0.84% |
Envista Holdings Corp has shown a fluctuating trend in its profitability ratios over the reporting period. The Gross Profit Margin has generally improved from around 48% in 2020 to over 57% by the end of 2023, showing an increase in the company's profitability on sales.
On the other hand, the Operating Profit Margin fluctuated significantly, with a positive trend from negative percentages in 2020 to around 12% in mid-2022, but then declining sharply to negative figures by the end of 2024, indicating potential operational challenges impacting profitability.
The Pretax Margin, which reflects the company's earnings before taxes, also displayed fluctuations, with improvements seen in 2021 and 2022, but declining to negative percentages towards the end of the reporting period, suggesting possible issues with controlling expenses or declining revenues.
Similarly, the Net Profit Margin, representing the company's net income as a percentage of sales, fluctuated over the years, showing a downward trend from positive percentages in 2020 to negative percentages by the end of 2024, signaling challenges in generating profits after all expenses are taken into account.
Overall, while the Gross Profit Margin has shown improvement, the Operating, Pretax, and Net Profit Margins have displayed inconsistency and declining trends in profitability, highlighting the need for Envista Holdings Corp to address operational and cost efficiency issues to enhance overall profitability in the future.
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -19.40% | -23.36% | -22.52% | 0.11% | 0.48% | 4.82% | 4.74% | 4.56% | 4.85% | 4.32% | 4.40% | 4.60% | 4.66% | 5.08% | 4.84% | 1.93% | 0.03% | -0.53% |
| Return on assets (ROA) | -20.91% | -24.27% | -24.34% | -1.84% | -1.52% | 2.85% | 3.28% | 3.22% | 3.69% | 3.98% | 4.65% | 5.23% | 5.18% | 5.53% | 4.72% | 1.93% | 0.48% | -0.29% |
| Return on total capital | -24.64% | -29.36% | -28.75% | -0.28% | 0.15% | 5.28% | 6.20% | 5.89% | 6.45% | 6.82% | 7.17% | 7.67% | 7.80% | 7.94% | 7.63% | 3.46% | 0.66% | 0.20% |
| Return on equity (ROE) | -38.12% | -43.52% | -44.48% | -2.91% | -2.40% | 4.44% | 5.03% | 4.95% | 5.78% | 6.45% | 7.49% | 8.53% | 8.39% | 9.20% | 7.90% | 3.26% | 0.90% | -0.53% |
Envista Holdings Corp's profitability ratios have exhibited fluctuations over the period under consideration.
- Operating return on assets (Operating ROA) ranged from negative values (-23.36% on September 30, 2024) to a peak of 5.08% on September 30, 2021, before ending at 0.48% on December 31, 2023.
- Return on assets (ROA) also fluctuated significantly, falling to -24.34% on June 30, 2024, from a high of 5.53% on September 30, 2021.
- Return on total capital mirrored the trend of the other ratios, with a decrease to -29.36% on September 30, 2024, from a peak of 7.94% on September 30, 2021.
- Return on equity (ROE) showed a similar pattern of decline, dropping to -44.48% on June 30, 2024, from a high of 9.20% on September 30, 2021.
Overall, it is evident that Envista Holdings Corp faced challenges in maintaining profitability during the period in question, as indicated by the downward trend in these key profitability ratios. Additional analysis and insights may be required to understand the underlying reasons for these fluctuations and to develop strategies for improvement.