Plexus Corp (PLXS)
Profitability ratios
Return on sales
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 4.71% | 4.64% | 4.50% | 4.73% | 4.55% |
| Operating profit margin | 2.09% | 2.30% | 2.31% | 2.58% | 2.23% |
| Pretax margin | 1.61% | 1.90% | 2.05% | 2.35% | 1.97% |
| Net profit margin | 1.39% | 1.64% | 1.79% | 2.03% | 1.71% |
Plexus Corp's profitability ratios have shown a mixed performance over the past five years. The gross profit margin has fluctuated within a narrow range, with a slight increase in fiscal year 2024 compared to the previous years. This indicates the company's ability to efficiently manage its production costs and generate profits from its core operations.
However, the operating profit margin has experienced some volatility, with a decrease in fiscal year 2024 compared to the previous years. This suggests that Plexus Corp may have faced challenges in controlling its operating expenses or optimizing its operational efficiency during the latest fiscal year.
Similarly, the pretax margin has shown a decreasing trend over the past five years, indicating that Plexus Corp's profitability before taxes has been under pressure. This could be a result of various factors such as changing market conditions, competitive pressures, or internal business decisions impacting the company's overall financial performance.
The net profit margin, which reflects the company's profitability after all expenses, has also declined over the years, indicating that Plexus Corp's bottom-line profitability has weakened. This could raise concerns about the company's ability to sustainably generate profits and create value for its shareholders.
Overall, while Plexus Corp has maintained stable gross profit margins, its operating, pretax, and net profit margins have shown a decreasing trend over the past five years. This suggests that the company may need to focus on improving its cost management, operational efficiency, and overall profitability to enhance its financial performance in the future.
Return on investment
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 5.32% | 5.90% | 5.25% | 7.16% | 6.70% |
| Return on assets (ROA) | 3.55% | 4.19% | 4.07% | 5.64% | 5.13% |
| Return on total capital | 10.40% | 12.12% | 11.63% | 14.03% | 11.87% |
| Return on equity (ROE) | 8.44% | 11.45% | 12.62% | 13.51% | 12.02% |
Plexus Corp's profitability ratios have shown fluctuations over the past five years.
1. Operating return on assets (Operating ROA) has ranged from 5.25% to 7.16% during this period, with a gradual decrease from 2021 to 2024. This ratio indicates the company's ability to generate profits from its assets before considering financing costs.
2. Return on assets (ROA) has also displayed variability, ranging from 4.07% to 5.64%. This metric reflects the overall profitability of the company relative to its total assets.
3. Return on total capital has shown a similar trend, with values between 10.40% and 14.03%. This ratio evaluates the company's efficiency in generating profits from both equity and debt capital.
4. Return on equity (ROE) has fluctuated between 8.44% and 13.51%, indicating the return on shareholder equity over the years. It is noteworthy that ROE has generally been higher than the other profitability ratios, suggesting an amplified return for shareholders compared to the company's overall assets and capital.
Overall, Plexus Corp's profitability ratios demonstrate varying levels of performance and efficiency in utilizing its assets and capital to generate profits over the past five years.