Qorvo Inc (QRVO)
Profitability ratios
Return on sales
| Mar 31, 2025 | Dec 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 42.02% | 40.98% | 39.26% | 39.81% | 39.55% | 36.53% | 36.56% | 37.48% | 37.54% | 42.72% | 45.44% | 46.28% | 49.21% | 49.30% | 49.28% | 48.50% | 46.91% | 45.33% | 43.41% | 41.63% |
| Operating profit margin | 2.57% | 2.57% | 0.07% | 3.61% | 2.43% | -0.29% | -1.22% | -0.33% | 1.36% | 7.20% | 14.44% | 18.14% | 24.00% | 27.09% | 27.61% | 25.61% | 22.58% | 19.19% | 16.25% | 14.17% |
| Pretax margin | 1.77% | 2.12% | -0.32% | 3.11% | 1.95% | -4.48% | -3.64% | -0.21% | 3.49% | 13.92% | 19.16% | 21.05% | 25.42% | 26.81% | 25.60% | 23.26% | 20.11% | 15.69% | 15.55% | 13.75% |
| Net profit margin | 1.50% | 0.71% | -3.58% | -0.66% | -1.87% | -6.11% | -3.21% | -0.29% | 2.89% | 11.06% | 15.34% | 17.87% | 22.24% | 24.60% | 24.37% | 21.26% | 18.27% | 13.01% | 12.71% | 12.05% |
Qorvo Inc's profitability ratios demonstrate fluctuations over the analyzed period. The gross profit margin steadily increased from June 30, 2020, to June 30, 2022, peaking at 49.30% on December 31, 2021, before declining to 40.98% on December 31, 2024, and then recovering slightly to 42.02% on March 31, 2025.
However, the operating profit margin displays more volatility, rising from 14.17% on June 30, 2020, to a high of 27.61% on September 30, 2021, before experiencing a significant decline to -1.22% on September 30, 2023. There was a partial recovery to 3.61% on June 30, 2024, and 2.57% on March 31, 2025.
The pretax margin follows a similar trend, starting at 13.75% on June 30, 2020, reaching a peak of 26.81% on December 31, 2021, and then falling to -4.48% on December 31, 2023, before improving to 1.77% on March 31, 2025.
Net profit margin also fluctuates, with an increase from 12.05% on June 30, 2020, to a peak of 24.60% on December 31, 2021, followed by a decline to -6.11% on December 31, 2023. The margin recovered slightly to 1.50% on March 31, 2025.
Overall, while there have been periods of strong profitability for Qorvo Inc, the company experienced challenges in maintaining consistent margins, particularly in the latter part of the analyzed period.
Return on investment
| Mar 31, 2025 | Dec 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 1.61% | 1.63% | 0.04% | 2.24% | 1.40% | -0.15% | -0.57% | -0.16% | 0.73% | 4.17% | 8.76% | 11.31% | 14.85% | 16.17% | 16.52% | 15.28% | 12.55% | 10.16% | 7.28% | 6.69% |
| Return on assets (ROA) | 0.94% | 0.45% | -2.17% | -0.41% | -1.07% | -3.16% | -1.50% | -0.14% | 1.54% | 6.41% | 9.30% | 11.14% | 13.76% | 14.68% | 14.58% | 12.68% | 10.16% | 6.89% | 5.69% | 5.69% |
| Return on total capital | 3.07% | 4.61% | 1.82% | 5.55% | 4.02% | 0.67% | 1.70% | 4.51% | 7.77% | 15.36% | 21.38% | 23.89% | 27.33% | 27.46% | 25.89% | 23.25% | 19.06% | 14.74% | 14.14% | 11.82% |
| Return on equity (ROE) | 1.64% | 0.80% | -4.14% | -0.76% | -1.98% | -5.81% | -2.63% | -0.24% | 2.64% | 10.90% | 15.87% | 18.99% | 22.69% | 23.99% | 23.36% | 19.84% | 15.85% | 10.77% | 10.11% | 9.00% |
Qorvo Inc's profitability ratios demonstrate fluctuating performance over the reporting periods.
- Operating Return on Assets (Operating ROA): Qorvo Inc showed a steady increase in operating ROA from June 30, 2020, to September 30, 2021, peaking at 16.52%. However, the ratio declined significantly thereafter, reaching negative territory by September 30, 2023. The latest reported figure for March 31, 2025, shows a positive but modest recovery.
- Return on Assets (ROA): ROA followed a similar trend to Operating ROA, with a gradual increase from June 30, 2020, to December 31, 2021. Subsequently, the ratio decreased notably, dipping into negative values from March 31, 2023, to September 30, 2024. The most recent reported ROA for March 31, 2025, indicates a slight improvement from the preceding period.
- Return on Total Capital: Qorvo Inc's return on total capital exhibited a comparable pattern of growth until March 31, 2022, where it peaked at 27.33%. However, the ratio then decreased, falling into single digits by March 31, 2024. The latest reported figure for March 31, 2025, is marginally higher but still below the levels observed in earlier periods.
- Return on Equity (ROE): ROE traces a trajectory akin to the other profitability ratios, ascending to a peak by December 31, 2021, before a notable decline through to September 30, 2023. The most recent ROE for March 31, 2025, shows a modest recovery from the low points observed previously.
Overall, these profitability ratios indicate variability in Qorvo Inc's financial performance, with periods of growth followed by declines. It is essential for stakeholders to consider these trends when evaluating the company's overall profitability and sustainability.