OSI Systems Inc (OSIS)
Profitability ratios
Return on sales
| Jun 30, 2025 | Mar 31, 2025 | 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 | 34.27% | 34.21% | 33.51% | 34.12% | 34.07% | 34.60% | 35.61% | 34.26% | 33.67% | 34.07% | 34.34% | 35.20% | 35.87% | 35.64% | 35.94% | 36.16% | 36.61% | 36.95% | 37.11% | 36.92% |
| Operating profit margin | 12.70% | 12.50% | 12.60% | 12.61% | 12.64% | 12.58% | 11.53% | 9.57% | 9.32% | 8.44% | 11.19% | 12.30% | 12.73% | 12.29% | 10.25% | 10.53% | 10.06% | 9.62% | 8.73% | 8.56% |
| Pretax margin | 10.86% | 10.36% | 10.36% | 10.44% | 10.48% | 10.75% | 10.43% | 9.09% | 9.01% | 8.39% | 10.56% | 11.29% | 11.85% | 11.26% | 9.18% | 9.29% | 8.60% | 8.05% | 7.13% | 6.94% |
| Net profit margin | 11.47% | 11.15% | 8.15% | 8.31% | 8.33% | 8.56% | 8.31% | 7.24% | 7.18% | 6.91% | 8.74% | 9.17% | 9.75% | 9.12% | 7.13% | 7.15% | 6.46% | 5.69% | 5.71% | 5.65% |
The profitability ratios of OSI Systems Inc, as reflected over the period from September 2020 through June 2025, demonstrate a generally stable but gradually evolving profit profile.
Gross Profit Margin: The gross profit margin exhibits a slight downward trend, starting at approximately 36.92% in September 2020 and declining marginally over the period to around 33.51% by December 2024, with minor fluctuations. The margin shows some recovery toward the end of the period, reaching approximately 35.61% in December 2023 before stabilizing around 34% in early 2025. This pattern suggests a consistent ability to maintain gross profitability, albeit with some pressure possibly due to cost dynamics or pricing strategies.
Operating Profit Margin: The operating profit margin reflects more variability, beginning at about 8.56% in September 2020, rising to peaks near 12.73% in June 2022, then declining to around 8.44% in March 2023. Subsequently, it demonstrates a positive trend toward recovery, reaching approximately 12.70% by June 2025. Overall, the operating margin indicates periods of expansion and contraction, possibly influenced by operational efficiencies or market conditions, but with a tendency toward stabilization at higher levels in recent periods.
Pre-tax Margin: The pre-tax margin follows a trajectory similar to the operating margin, with an initial position around 6.94% in September 2020, increasing to approximately 11.85% in June 2022, then dipping below that in subsequent quarters before ascending back to about 10.86% in June 2025. This fluctuation indicates periods of improved profitability before slight declines, aligning with trends in operating profitability and indicating effective cost control and tax management.
Net Profit Margin: The net profit margin has experienced moderate volatility, starting at about 5.65% in September 2020, improving to a peak of approximately 9.75% in June 2022, followed by a decline and stabilization near 8.15% in late 2024. Notably, there is a marked increase in the net profit margin to approximately 11.15% in March 2025, suggesting improved bottom-line profitability due to factors such as tax benefits, operational efficiencies, or non-operating income.
In summary, OSI Systems Inc has maintained relatively stable gross margins with minor downward pressure over time. Operating, pre-tax, and net profit margins display variability, with periods of growth and decline, but overall trend toward stabilization at higher profitability levels by mid-2025. The recent upward movement in net profit margin indicates potential improvements in bottom-line profitability, possibly driven by operational efficiencies, cost management, or favorable tax considerations.
Return on investment
| Jun 30, 2025 | Mar 31, 2025 | 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) | 9.71% | 10.15% | 9.76% | 9.57% | 10.05% | 10.10% | 9.13% | 7.77% | 7.66% | 6.85% | 9.09% | 9.83% | 10.43% | 9.93% | 8.32% | 8.74% | 8.33% | 7.92% | 7.39% | 7.61% |
| Return on assets (ROA) | 8.77% | 9.05% | 6.31% | 6.30% | 6.62% | 6.87% | 6.58% | 5.88% | 5.90% | 5.61% | 7.10% | 7.33% | 7.99% | 7.37% | 5.79% | 5.94% | 5.35% | 4.68% | 4.84% | 5.02% |
| Return on total capital | 10.26% | 18.25% | 24.70% | 25.14% | 21.90% | 22.55% | 21.59% | 19.26% | 18.80% | 17.83% | 17.67% | 18.90% | 19.30% | 19.00% | 19.32% | 17.95% | 16.24% | 15.99% | 15.30% | 18.23% |
| Return on equity (ROE) | 20.66% | 21.42% | 16.28% | 16.94% | 14.84% | 15.47% | 14.75% | 12.90% | 12.64% | 12.47% | 16.07% | 17.21% | 18.07% | 17.38% | 13.47% | 13.44% | 11.57% | 10.09% | 10.70% | 11.45% |
The profitability ratios of OSI Systems Inc. over the period examined demonstrate a generally positive trend with some fluctuations indicative of dynamic core operations and strategic adjustments.
The Operating Return on Assets (Operating ROA) reflects the company's efficiency in generating operating profit relative to its total assets. Starting at 7.61% as of September 30, 2020, the ratio experienced a gradual increase, reaching a peak of 10.15% by March 31, 2025. Notably, there was a temporary decline around late 2022 and early 2023, with the ratio dropping to approximately 6.85% on March 31, 2023, before resuming its upward trajectory. This indicates periods of operational challenges or restructuring, followed by recovery, suggesting improved operational efficiency in recent periods.
The standard Return on Assets (ROA), which considers net income relative to total assets, shows a similar upward trend over time. It started at 5.02% in September 2020, dipped slightly in mid-2022, then stabilized and increased notably after March 2023, reaching approximately 9.05% in March 2025. This indicates enhanced overall profitability and effective asset utilization in recent quarters.
The Return on Total Capital (ROTC), which measures the return generated on both debt and equity, displays a strengthening trend. It ranged from approximately 15% in late 2020 and early 2021, peaking at 25.14% on September 30, 2024. The expansion signifies improved efficiency in generating returns relative to the total capital employed, possibly reflecting optimized capital structure or operational improvements. The recent decline to 18.25% in March 2025 indicates some contraction, potentially due to increased capital investments or market conditions.
Return on Equity (ROE) developments align with the overall profitability trends. Starting at 11.45% in September 2020, ROE fluctuated but showed a consistent upward movement in the latter periods. The figure escalated significantly to 21.42% by March 2025, highlighting increased profitability attributable to equity holders, possibly driven by improved net income margins and effective capital management.
Overall, OSI Systems Inc. exhibits a trajectory of increasing profitability ratios, especially in recent periods, suggesting operational improvements, better asset and capital management, and enhanced earnings generation capacity. Periodic fluctuations reflect normal variations possibly due to market conditions, strategic realignments, or investments, but the general trend indicates strengthening financial performance and improved core profitability measures.