Penumbra Inc (PEN)
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 | 64.49% | 63.72% | 63.09% | 63.17% | 63.18% | 62.92% | 62.85% | 62.82% | 63.59% | 62.53% | 61.85% | 61.04% | 60.34% | 63.48% | 65.83% | 67.60% | 67.95% | 67.42% | 66.95% | 65.84% |
| Operating profit margin | 6.95% | 4.36% | 3.86% | 2.05% | 0.72% | -4.68% | -4.40% | -3.20% | -1.00% | 4.34% | 0.28% | -4.40% | -6.95% | -4.94% | 1.24% | 6.65% | 8.68% | 8.34% | 1.97% | 1.33% |
| Pretax margin | 7.53% | 4.89% | 4.09% | 1.99% | 0.46% | -5.33% | -4.79% | -3.36% | -1.05% | 4.73% | 0.95% | -3.52% | -6.15% | -4.24% | 1.76% | 7.05% | 9.42% | 8.99% | 3.27% | 2.29% |
| Net profit margin | 8.59% | 4.08% | 3.11% | 0.73% | -0.24% | -3.68% | -2.40% | -0.83% | 0.71% | 4.72% | 2.37% | -0.89% | -2.80% | -1.79% | 2.02% | 7.04% | 8.85% | 8.69% | 3.03% | 2.51% |
Penumbra Inc's profitability ratios have shown a positive trend over the quarters, reflecting improvements in the company's operational efficiency and financial performance. The gross profit margin has been consistently above 60%, indicating that the company is effectively managing its production and cost of goods sold.
The operating profit margin has also exhibited a notable increase from Q1 2022 to Q4 2023, suggesting that Penumbra Inc has been able to control its operating expenses and generate higher profits from its core business activities.
Furthermore, the pretax margin has shown steady growth, indicating that the company is efficiently managing its expenses and generating higher profits before accounting for taxes.
The net profit margin has significantly improved from negative values in earlier quarters to positive figures in Q4 2023, reflecting Penumbra Inc's ability to control its costs and increase profitability after accounting for taxes and interest expenses.
Overall, the upward trend in Penumbra Inc's profitability ratios suggests that the company is making strides towards enhancing its financial performance and creating value for its shareholders.
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) | 4.73% | 2.95% | 2.52% | 1.30% | 0.44% | -2.94% | -2.67% | -1.92% | -0.60% | 3.17% | 0.39% | -3.10% | -4.73% | -3.28% | 0.84% | 5.57% | 7.13% | 7.10% | 1.67% | 1.10% |
| Return on assets (ROA) | 5.84% | 2.77% | 2.03% | 0.46% | -0.15% | -2.31% | -1.46% | -0.50% | 0.42% | 3.45% | 3.31% | -0.63% | -1.91% | -1.19% | 1.36% | 5.90% | 7.28% | 7.40% | 2.57% | 2.08% |
| Return on total capital | 6.24% | 3.93% | 3.39% | 1.77% | 0.61% | -3.99% | -3.66% | -2.61% | -0.79% | 4.46% | 0.28% | -3.98% | -6.07% | -4.28% | 1.04% | 7.56% | 9.78% | 9.33% | 2.15% | 1.43% |
| Return on equity (ROE) | 7.71% | 3.68% | 2.73% | 0.63% | -0.20% | -3.13% | -2.00% | -0.67% | 0.55% | 4.86% | 2.36% | -0.81% | -2.45% | -1.55% | 1.70% | 8.01% | 9.97% | 9.72% | 3.31% | 2.70% |
Penumbra Inc's profitability ratios have shown a positive trend over the last few quarters. The Operating return on assets (Operating ROA) has been steadily increasing from 0.44% in Q4 2022 to 5.90% in Q4 2023, indicating improved operational efficiency in generating profits from its assets.
Similarly, Return on assets (ROA) has also shown a notable improvement, from -0.15% in Q4 2022 to 5.84% in Q4 2023, reflecting the company's ability to generate higher earnings relative to its total assets.
Return on total capital and Return on equity (ROE) have also demonstrated a positive trend, increasing from negative values in Q4 2022 to positive values in Q4 2023. This suggests that Penumbra Inc is effectively utilizing its capital and generating favorable returns for its shareholders.
Overall, the improving profitability ratios indicate that Penumbra Inc has been successful in enhancing its operational efficiency and profitability performance over the analyzed period.