EchoStar Corporation (SATS)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | -4.82% | 55.05% | 51.99% | 42.73% | 42.53% |
| Operating profit margin | -1.82% | 109.81% | 10.93% | 6.24% | 4.05% |
| Pretax margin | -13.09% | 11.47% | 6.46% | -1.55% | -2.35% |
| Net profit margin | -11.15% | 8.19% | 3.16% | -2.88% | -3.49% |
EchoStar Corporation's profitability ratios have shown varying trends over the past five years. The gross profit margin fluctuated significantly, with a sharp decline from 55.05% in 2022 to -4.82% in 2023, indicating a potential issue with cost of goods sold or pricing strategies. The operating profit margin also experienced substantial volatility, peaking at 109.81% in 2022 before dropping to -1.82% in 2023, suggesting challenges in managing operating expenses effectively.
The pretax margin exhibited a similar pattern of inconsistency, swinging from a negative figure in 2020 and 2019 to a positive 11.47% in 2022 before plummeting to -13.09% in 2023. This indicates fluctuations in the company's income before taxes relative to its revenue. The net profit margin, reflecting net income as a percentage of revenue, displayed a similar trend to the pretax margin, showing significant fluctuations over the years.
Overall, EchoStar Corporation's profitability ratios indicate a lack of stability and consistency in its profitability performance, with significant fluctuations in margins across the years. Investors and stakeholders may want to closely monitor the company's financial performance and management strategies to understand and address the factors driving these varying profitability trends.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -0.49% | 3.80% | 3.59% | 1.59% | 1.02% |
| Return on assets (ROA) | -2.98% | 0.28% | 1.04% | -0.73% | -0.88% |
| Return on total capital | -0.74% | 0.47% | 4.47% | 2.23% | 3.44% |
| Return on equity (ROE) | -8.56% | 0.78% | 1.87% | -1.47% | -1.71% |
The profitability ratios of EchoStar Corporation indicate fluctuations in its performance over the past five years.
- Operating return on assets (Operating ROA) has experienced inconsistency, ranging from negative 0.49% in 2023 to a high of 3.80% reflected in 2022. This ratio measures the firm's operational efficiency in generating profit from its total assets.
- Return on assets (ROA) has also shown volatility, with a negative value of -2.98% in 2023 and a positive value of 1.04, indicating mixed performance in utilizing assets to generate profits.
- Return on total capital has displayed varied results, with a negative return of -0.74% in 2023 to a high of 4.47% in 2021. This ratio reveals how well the company generates returns from investments and debt.
- Return on equity (ROE) has demonstrated transitioned from negative figures in 2023 and 2020 to positive values in 2021 and 2022. The ROE reflects the firm's ability to generate profits from shareholders' equity.
Overall, the profitability ratios of EchoStar Corporation highlight the company's inconsistent performance in generating profits in relation to its asset base, capital structure, and equity financing over the past five years.