SolarEdge Technologies Inc (SEDG)
Profitability ratios
Return on sales
| 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 | Sep 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 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% | 20.21% |
| Operating profit margin | -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% | 8.09% |
| Pretax margin | -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% | 6.46% |
| Net profit margin | -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% | 3.59% |
SolarEdge Technologies Inc's profitability ratios have shown fluctuations over the past few quarters. The gross profit margin has ranged from 3.26% to 33.64%, with a general downward trend observed in recent quarters, falling from 32.19% in Mar 31, 2021, to 3.26% in Jun 30, 2024.
The operating profit margin has also varied significantly, ranging from -38.92% to 14.49%. Although the margin has shown some improvement since the negative values in earlier periods, there is still volatility in profitability at the operating level.
Similarly, the pretax margin and net profit margin have displayed fluctuations, with the pretax margin varying from -37.38% to 13.22% and the net profit margin ranging from -33.86% to 11.55%. Both margins have experienced ups and downs, with profitability levels shifting from negative to positive territory over the periods analyzed.
Overall, SolarEdge Technologies Inc's profitability ratios exhibit inconsistency, suggesting challenges in maintaining stable profitability levels over the past few quarters. Monitoring these ratios closely is essential to understand the company's financial performance and sustainability.
Return on investment
| 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 | Sep 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -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% | 7.69% |
| Return on assets (ROA) | -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% | 3.41% |
| Return on total capital | -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% | 14.22% |
| Return on equity (ROE) | -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% | 6.23% |
SolarEdge Technologies Inc's profitability ratios have shown fluctuating trends over the past few quarters.
1. Operating return on assets (Operating ROA) has been negative for the most recent quarters, indicating that the company is not efficiently generating profits from its assets to cover its operating expenses. This is a concerning trend as it suggests inefficiencies in the company's operations.
2. Return on assets (ROA) has also been negative recently but has shown some improvement compared to the Operating ROA. However, the overall trend is still below average, suggesting that the company's profitability from its total assets is not optimal.
3. Return on total capital has been volatile with significant fluctuations, ranging from negative to positive values. This ratio shows how efficiently the company is generating profits from its total capital, including debt and equity. The recent negative values indicate that the company may not be effectively utilizing its total capital to generate returns.
4. Return on equity (ROE) has also shown variability, with negative values in the most recent quarters. This indicates that the company is not effectively utilizing shareholder equity to generate profits. However, the ROE has shown improvement compared to the other profitability ratios, but it still remains below industry benchmarks.
Overall, the profitability ratios of SolarEdge Technologies Inc suggest operational inefficiencies and challenges in generating satisfactory returns from its assets, total capital, and equity. The company may need to focus on improving operational efficiency and revenue generation strategies to enhance its profitability in the future.
See also:
SolarEdge Technologies Inc Profitability Ratios (Quarterly Data)