Proto Labs Inc (PRLB)
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 | 44.15% | 43.45% | 43.09% | 43.56% | 44.12% | 44.84% | 44.85% | 45.04% | 45.67% | 46.80% | 48.50% | 49.37% | 50.15% | 50.28% | 50.27% | 50.94% | 51.29% | 51.75% | 52.59% | 53.10% |
| Operating profit margin | 5.60% | -19.69% | -20.96% | -20.84% | -20.06% | 6.50% | 6.62% | 8.87% | 8.27% | 8.15% | 10.85% | 10.85% | 13.77% | 15.51% | 15.97% | 16.78% | 17.41% | 17.50% | 18.40% | 19.19% |
| Pretax margin | 5.57% | -19.95% | -21.30% | -20.49% | -20.04% | 6.41% | 6.56% | 8.84% | 8.23% | 8.25% | 11.09% | 11.25% | 14.49% | 16.03% | 16.36% | 17.23% | 17.68% | 18.14% | 19.08% | 19.82% |
| Net profit margin | 3.42% | -21.21% | -22.42% | -21.61% | -21.19% | 4.74% | 4.89% | 7.01% | 6.84% | 6.61% | 9.05% | 9.32% | 11.71% | 12.80% | 12.99% | 13.49% | 13.88% | 14.74% | 15.71% | 16.41% |
Proto Labs Inc has shown relatively stable gross profit margins over the quarters, ranging from 43.08% to 44.78%. This indicates that the company has been able to effectively manage its production costs and maintain consistent profitability on its products and services.
However, there has been more variability in the operating profit margin, with a range of 3.75% to 8.86% over the same period. This suggests that while Proto Labs has been able to generate healthy gross profits, its operating expenses have fluctuated, impacting its bottom line performance.
The pretax margin and net profit margin have shown significant fluctuations, with negative margins observed in certain quarters. This indicates that there have been periods where the company's operating expenses and other costs have exceeded its total revenue, leading to losses. It is important for Proto Labs to analyze and address the underlying factors contributing to these fluctuations in profitability ratios to ensure sustained financial health and performance.
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) | 3.65% | -12.41% | -13.09% | -12.90% | -12.21% | 3.55% | 3.60% | 4.70% | 4.34% | 4.12% | 5.16% | 5.06% | 8.04% | 9.42% | 10.31% | 11.39% | 11.85% | 12.28% | 13.04% | 14.00% |
| Return on assets (ROA) | 2.23% | -13.37% | -14.00% | -13.38% | -12.90% | 2.59% | 2.66% | 3.72% | 3.59% | 3.34% | 4.31% | 4.34% | 6.84% | 7.78% | 8.39% | 9.16% | 9.45% | 10.35% | 11.14% | 11.97% |
| Return on total capital | 4.05% | -14.21% | -14.90% | -14.95% | -14.04% | 3.97% | 4.03% | 5.28% | 4.87% | 4.64% | 5.89% | 5.81% | 9.29% | 10.93% | 11.98% | 13.14% | 13.63% | 14.26% | 15.09% | 15.96% |
| Return on equity (ROE) | 2.48% | -15.31% | -15.94% | -15.50% | -14.83% | 2.90% | 2.97% | 4.18% | 4.03% | 3.76% | 4.92% | 4.99% | 7.89% | 9.02% | 9.74% | 10.57% | 10.87% | 12.01% | 12.88% | 13.64% |
Proto Labs Inc's profitability ratios show mixed performance over the past eight quarters.
The operating return on assets (Operating ROA) has been relatively stable, ranging from 2.34% to 4.70%. This ratio indicates that the company is generating operating profit efficiently relative to its total assets.
Return on assets (ROA) and Return on equity (ROE) have shown more fluctuation, with negative values in some quarters. This suggests that Proto Labs Inc has struggled to generate net income and shareholder returns relative to its total assets and equity.
Return on total capital has also varied, indicating that the company's ability to generate returns on its total capital employed has been inconsistent.
Overall, Proto Labs Inc's profitability ratios highlight the importance of closely monitoring the company's operational efficiency, profitability, and capital utilization to ensure sustainable and improved financial performance in the future.