Silicon Laboratories Inc (SLAB)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 58.88% | 62.74% | 59.01% | 57.71% | 59.14% |
| Operating profit margin | -3.09% | 11.65% | -4.56% | -20.96% | -18.71% |
| Pretax margin | -3.40% | 12.68% | 295.60% | -0.41% | 5.54% |
| Net profit margin | -4.41% | 8.93% | 293.73% | 2.45% | 4.07% |
Silicon Laboratories Inc's profitability ratios have shown fluctuations over the past five years. The gross profit margin has ranged from 57.71% to 62.74%, indicating variability in the company's ability to generate profits after deducting the cost of goods sold.
However, the operating profit margin has been less stable, with negative values in 2020 and 2023, suggesting challenges in managing operating expenses effectively, especially in those years.
The pretax margin also exhibited significant variations, ranging from a negative margin in 2020 to an exceptionally high margin in 2021. This indicates fluctuations in the company's profitability before accounting for taxes, potentially impacted by factors such as operating efficiency and non-operating income.
Similarly, the net profit margin has shown fluctuations, with negative values in 2020 and 2023, implying that the company struggled to generate profits after accounting for all expenses in those years. Overall, these ratios suggest that Silicon Laboratories Inc's profitability performance has been mixed, highlighting the importance of monitoring and managing costs effectively to improve overall profitability.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -1.67% | 5.50% | -1.11% | -5.37% | -5.29% |
| Return on assets (ROA) | -2.39% | 4.21% | 71.57% | 0.63% | 1.15% |
| Return on total capital | -2.00% | 6.16% | -1.48% | -6.57% | -5.98% |
| Return on equity (ROE) | -2.86% | 6.51% | 95.71% | 1.04% | 1.73% |
Silicon Laboratories Inc's profitability ratios show fluctuating performance over the past five years.
- Operating return on assets (Operating ROA) has been inconsistent, ranging from negative values to positive values, with a notable decline in 2023 compared to 2022.
- Return on assets (ROA) also exhibits variability, with a significant decline in 2023 compared to the exceptionally high figure in 2021.
- Return on total capital has shown a similar pattern of inconsistency, with a decrease in 2023 compared to 2022.
- Return on equity (ROE) has fluctuated over the years, with a remarkable drop in 2023 compared to the peak in 2021.
Overall, the profitability ratios suggest that Silicon Laboratories Inc has faced challenges in generating profits efficiently and effectively utilizing its assets and capital in recent years. It may be important for the company to focus on improving operational efficiency and optimizing resource allocation to enhance overall profitability.