Qorvo Inc (QRVO)
Profitability ratios
Return on sales
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | |
|---|---|---|---|---|---|
| Gross profit margin | 41.29% | 40.05% | 37.64% | 49.21% | 46.91% |
| Operating profit margin | 2.57% | 2.43% | 5.13% | 26.39% | 23.26% |
| Pretax margin | 1.77% | 1.95% | 3.49% | 25.42% | 20.11% |
| Net profit margin | 1.50% | -1.87% | 2.89% | 22.24% | 18.27% |
Qorvo Inc's gross profit margin has shown fluctuations over the years, starting at 46.91% in March 2021, increasing to 49.21% in March 2022, but then declining to 37.64% in March 2023 before gradually increasing to 41.29% in March 2025.
The operating profit margin of Qorvo Inc has also been variable, improving from 23.26% in March 2021 to 26.39% in March 2022, but then decreasing significantly to 5.13% in March 2023 and further dropping to 2.43% in March 2024 and 2.57% in March 2025.
Qorvo Inc's pre-tax margin has followed a similar trend, starting at 20.11% in March 2021 and peaking at 25.42% in March 2022, but then declining to 3.49% in March 2023, 1.95% in March 2024, and 1.77% in March 2025.
The net profit margin of Qorvo Inc has experienced significant fluctuations, ranging from 18.27% in March 2021 to 22.24% in March 2022, dropping sharply to 2.89% in March 2023, turning negative at -1.87% in March 2024, and recovering slightly to 1.50% in March 2025.
Overall, Qorvo Inc's profitability ratios, specifically the gross profit margin, operating profit margin, pre-tax margin, and net profit margin, have shown volatility over the years, indicating potential challenges in maintaining consistent profitability.
Return on investment
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 1.61% | 1.40% | 2.74% | 16.33% | 12.93% |
| Return on assets (ROA) | 0.94% | -1.07% | 1.54% | 13.76% | 10.16% |
| Return on total capital | -0.37% | 4.02% | 4.95% | 27.33% | 19.06% |
| Return on equity (ROE) | 1.64% | -1.98% | 2.64% | 22.69% | 15.85% |
Qorvo Inc's profitability ratios have shown a fluctuating trend over the years.
1. Operating return on assets (Operating ROA) has varied significantly from 12.93% in 2021 to a high of 16.33% in 2022, before dropping to 2.74% in 2023 and further declining to 1.40% in 2024. It showed a slight improvement to 1.61% in 2025, indicating a mixed performance in utilizing its assets to generate operating profits.
2. Return on assets (ROA) also experienced fluctuations, starting at 10.16% in 2021, increasing to 13.76% in 2022, but then dropping to 1.54% in 2023 and turning negative at -1.07% in 2024. There was a slight recovery to 0.94% in 2025, suggesting challenges in generating profits from its total assets.
3. Return on total capital showed a similar trend, starting at 19.06% in 2021, peaking at 27.33% in 2022, but then decreased to 4.95% in 2023 and 4.02% in 2024, before showing negative performance at -0.37% in 2025. This ratio highlights the efficiency of the company in generating profits from both debt and equity investments.
4. Return on equity (ROE) indicated a pattern of variation, with values ranging from 15.85% in 2021, increasing to 22.69% in 2022, then dropping to 2.64% in 2023, turning negative at -1.98% in 2024, and slightly recovering to 1.64% in 2025. This ratio measures the return on shareholders' equity investment in the company.
Overall, the profitability ratios of Qorvo Inc reflect a mixed performance, indicating the company's varied success in generating profits from its assets, capital, and equity over the analyzed period.