Impinj Inc (PI)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 50.18% | 54.10% | 52.18% | 48.11% | 48.60% |
| Operating profit margin | -14.36% | -7.64% | -19.64% | -34.76% | -14.23% |
| Pretax margin | -14.43% | -9.46% | -26.95% | -38.28% | -14.97% |
| Net profit margin | -14.32% | -9.54% | -27.03% | -38.34% | -15.10% |
Impinj Inc's profitability ratios have shown fluctuations over the past five years. The gross profit margin has ranged from 48.11% in 2020 to 54.10% in 2022, indicating the company's ability to generate profit from its core operations, albeit with some variability.
However, the operating profit margin has been in negative territory, indicating that the company's operating expenses have consistently exceeded its gross profit. The margins have improved from -34.76% in 2020 to -7.64% in 2022 but worsened in 2023 to -14.36%.
Similarly, the pretax margin and net profit margin have also been negative, reflecting the company's overall profitability before and after accounting for taxes, respectively. The margins have shown improvement since 2020 but remained negative in 2023.
Overall, Impinj Inc's profitability ratios suggest a mixed performance in terms of generating profits from its operations, with a need to focus on controlling costs to improve its bottom line in the future.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -12.10% | -5.57% | -11.80% | -22.67% | -10.07% |
| Return on assets (ROA) | -12.07% | -6.95% | -16.25% | -25.01% | -10.69% |
| Return on total capital | -12.29% | -6.49% | -18.15% | -28.36% | -11.92% |
| Return on equity (ROE) | -127.06% | -155.87% | — | -47.58% | -18.35% |
The profitability ratios for Impinj Inc have shown fluctuations over the past five years.
Operating return on assets (Operating ROA) has ranged from -5.57% to -22.67% during this period. This ratio indicates that the company has been generating negative operating income relative to its assets, with the lowest performance in 2020.
Return on assets (ROA) has varied from -6.95% to -25.01%. This ratio reflects the company's ability to generate profits from its total assets, and the negative values suggest that the company has struggled to generate positive returns from its asset base.
Return on total capital has fluctuated between -6.49% and -28.36%. This ratio measures the efficiency of the company in generating returns from both equity and debt capital. The negative values indicate that the company has not been able to generate adequate returns on its total capital.
Return on equity (ROE) has shown significant fluctuations, with the ratio ranging from -18.35% to -155.87%. ROE represents the profitability of the company from the perspective of its shareholders, and the negative values suggest that the company has not been effectively utilizing shareholder equity to generate profits.
Overall, the profitability ratios of Impinj Inc indicate a challenging profitability performance over the past five years, with negative returns and fluctuating values across different metrics. Further analysis and strategic improvements may be necessary to enhance profitability and create value for the company and its stakeholders.