Impinj Inc (PI)
Profitability ratios
Return on sales
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 51.47% | 51.27% | 49.70% | 50.18% | 51.20% | 52.72% | 53.15% | 54.10% | 54.92% | 53.91% | 53.73% | 52.18% | 50.37% | 49.94% | 49.19% | 48.11% | 47.85% | 47.96% | 47.73% | 48.47% |
| Operating profit margin | -5.34% | -10.71% | -17.28% | -14.36% | -9.25% | -4.63% | -5.09% | -7.64% | -11.78% | -18.14% | -19.15% | -19.64% | -25.39% | -28.72% | -39.32% | -34.76% | -27.94% | -19.68% | -10.88% | -14.19% |
| Pretax margin | 8.37% | 3.95% | -2.06% | -14.43% | -9.27% | -4.75% | -6.27% | -9.46% | -19.09% | -26.28% | -26.49% | -26.95% | -27.05% | -31.09% | -42.59% | -38.28% | -30.95% | -21.65% | -12.03% | -14.92% |
| Net profit margin | 8.27% | 3.97% | -1.93% | -14.32% | -9.16% | -4.71% | -6.34% | -9.54% | -19.13% | -26.32% | -26.58% | -27.03% | -27.13% | -31.16% | -42.67% | -38.34% | -31.04% | -21.77% | -12.15% | -15.05% |
Impinj Inc's profitability ratios have shown some fluctuations over the past few periods. The gross profit margin has generally been above 50%, indicating the company's ability to generate profit from its core operations. However, there has been a slight decline in this margin in the most recent periods.
On the other hand, the operating profit margin has been negative in most periods, indicating that the company is not operating efficiently enough to cover its operating expenses with its revenue. The trend shows some improvement in the operating profit margin over the periods, although it remains in the negative territory.
The pretax margin and net profit margin have also been negative in several periods, indicating that Impinj Inc has faced challenges in generating profits after accounting for all expenses, including taxes. Both margins have shown similar trends to the operating profit margin, with some improvement from earlier periods but remaining negative in the most recent periods.
Overall, Impinj Inc's profitability ratios reflect a mix of strengths and weaknesses, with the company facing challenges in converting revenue into consistent profits. Management may need to focus on improving operational efficiency and cost management to enhance profitability in the future.
Return on investment
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -3.84% | -7.48% | -12.27% | -12.10% | -7.86% | -3.78% | -3.92% | -5.57% | -8.31% | -12.43% | -11.89% | -11.80% | -20.89% | -21.09% | -24.50% | -22.67% | -19.74% | -14.39% | -8.31% | -10.07% |
| Return on assets (ROA) | 5.95% | 2.77% | -1.37% | -12.07% | -7.78% | -3.84% | -4.88% | -6.95% | -13.48% | -18.04% | -16.50% | -16.25% | -22.32% | -22.89% | -26.58% | -25.01% | -21.93% | -15.91% | -9.28% | -10.69% |
| Return on total capital | 24.66% | 14.68% | -0.33% | -12.29% | -7.53% | -3.16% | -4.27% | -6.49% | -13.98% | -18.95% | -17.91% | -18.15% | -49.13% | -50.09% | -60.53% | -28.36% | -24.05% | -17.66% | -9.65% | -11.92% |
| Return on equity (ROE) | 20.83% | 10.57% | -6.59% | -127.06% | -81.33% | -40.06% | -68.36% | -155.87% | -2,144.44% | — | — | — | -52.60% | -54.51% | -66.01% | -47.58% | -40.10% | -28.92% | -15.79% | -18.35% |
Impinj Inc's profitability ratios have shown fluctuations over the past several quarters.
1. Operating return on assets (Operating ROA) has been negative in most periods, indicating that the company has not been able to generate positive operating income relative to its asset base.
2. Return on assets (ROA) has also portrayed variability, with some quarters showing positive returns but generally trending negatively. This suggests that the company's overall profitability in relation to its total assets has been inconsistent.
3. Return on total capital has similarly displayed inconsistency, ranging from positive to negative returns. This ratio reflects how efficiently the company is utilizing its total capital to generate profits.
4. Return on equity (ROE) has been particularly volatile, with extreme fluctuations including a significant negative return in certain quarters. This indicates that the company's profitability in relation to shareholders' equity has been highly erratic.
Overall, Impinj Inc's profitability ratios demonstrate a lack of stability and highlight the company's challenges in generating consistent returns for its assets and equity holders.