SolarEdge Technologies Inc (SEDG)
Profitability ratios
Return on sales
| 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 | Mar 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | -76.04% | 3.26% | 16.88% | 23.65% | 28.76% | 30.05% | 28.41% | 27.16% | 26.85% | 28.22% | 30.19% | 32.04% | 32.72% | 32.54% | 32.19% | 31.62% | 32.53% | 33.01% | 33.64% | 33.62% |
| Operating profit margin | -158.27% | -38.92% | -12.41% | 1.35% | 7.68% | 10.20% | 7.63% | 5.34% | 7.66% | 7.90% | 9.66% | 10.55% | 10.20% | 9.14% | 8.30% | 9.77% | 11.76% | 13.46% | 14.49% | 13.32% |
| Pretax margin | -155.14% | -37.38% | -11.98% | 2.71% | 9.78% | 11.78% | 8.81% | 5.70% | 5.80% | 6.60% | 8.79% | 9.53% | 10.02% | 10.29% | 10.50% | 11.22% | 13.22% | 12.79% | 13.15% | 12.64% |
| Net profit margin | -158.19% | -33.86% | -11.68% | 1.15% | 6.13% | 8.29% | 5.86% | 3.02% | 4.11% | 5.78% | 7.78% | 8.61% | 8.24% | 8.63% | 8.94% | 9.62% | 11.55% | 10.89% | 10.71% | 10.28% |
SolarEdge Technologies Inc has shown fluctuating profitability ratios over the past few quarters. The gross profit margin has varied significantly, with a recent low of -76.04% in September 2024 and a high of 33.62% in March 2020. This indicates challenges in managing the cost of goods sold.
The operating profit margin has also been inconsistent, ranging from a low of -158.27% in September 2024 to a high of 14.49% in March 2020. This suggests that the company's operational efficiency and cost management have been volatile.
Similarly, the pretax margin and net profit margin have displayed a mix of negative and positive values, reflecting the company's struggles to maintain consistent profitability. The net profit margin, for example, has swung from -158.19% in September 2024 to 10.71% in June 2021.
Overall, SolarEdge Technologies Inc's profitability ratios indicate a lack of stability in generating profits, highlighting the need for improved cost management and operational efficiency to enhance overall financial performance.
Return on investment
| 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 | Mar 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -58.82% | -14.90% | -6.66% | 0.88% | 5.86% | 7.96% | 5.77% | 3.89% | 5.44% | 5.15% | 5.81% | 7.14% | 6.79% | 5.64% | 4.82% | 5.85% | 7.84% | 13.34% | 15.17% | 12.71% |
| Return on assets (ROA) | -58.79% | -12.96% | -6.27% | 0.75% | 4.68% | 6.46% | 4.43% | 2.20% | 2.92% | 3.77% | 4.68% | 5.83% | 5.49% | 5.33% | 5.20% | 5.76% | 7.70% | 10.79% | 11.22% | 9.81% |
| Return on total capital | -128.83% | -21.43% | -9.68% | 1.32% | 8.75% | 11.88% | 8.72% | 5.93% | 7.93% | 7.33% | 8.12% | 8.11% | 10.51% | 8.88% | 7.80% | 7.07% | 11.15% | 23.17% | 26.51% | 23.40% |
| Return on equity (ROE) | -173.14% | -24.29% | -11.66% | 1.42% | 8.74% | 12.04% | 8.47% | 4.31% | 5.55% | 7.01% | 8.57% | 12.91% | 11.74% | 11.60% | 11.65% | 12.92% | 17.00% | 18.74% | 19.60% | 18.06% |
The profitability ratios of SolarEdge Technologies Inc have varied over the past few quarters.
Operating return on assets (Operating ROA) shows the company's ability to generate profit from its assets before interest and taxes. The Operating ROA has fluctuated significantly, with a recent decline to -58.82% in September 2024, indicating a negative profitability trend.
Return on assets (ROA) measures the company's ability to generate profit from its total assets. The ROA has also shown inconsistency, with a notable decrease to -58.79% in September 2024, signaling challenges in generating profits relative to the assets deployed.
Return on total capital reflects how efficiently the company is utilizing all sources of capital, including debt and equity, to generate profit. This ratio has experienced fluctuations, reaching -128.83% in September 2024, suggesting inefficiencies in capital utilization during that period.
Return on equity (ROE) signifies the return generated for the shareholders' equity investment. The ROE has shown variability, with a recent drop to -173.14% in September 2024, indicating a decline in profitability for equity holders.
Overall, the trend in profitability ratios for SolarEdge Technologies Inc has been inconsistent, with some quarters showing declines in profitability and efficiency in utilizing assets and capital. Investors and stakeholders may need to closely monitor the company's financial performance in the coming quarters to assess its sustainability and growth prospects.
See also:
SolarEdge Technologies Inc Profitability Ratios (Quarterly Data)