Synnex Corporation (SNX)
Profitability ratios
Return on sales
| Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 6.81% | 6.94% | 7.05% | 6.96% | 6.78% | 6.51% | 6.35% | 6.26% | 6.13% | 6.17% | 6.06% | 5.98% | 5.94% | 5.84% | 5.97% | 5.98% | -0.58% | 1.46% | 3.27% | 4.91% |
| Operating profit margin | 2.04% | 2.03% | 1.94% | 1.96% | 1.94% | 1.84% | 1.82% | 1.69% | 1.46% | 1.57% | 1.67% | 1.97% | 2.89% | 2.80% | 2.70% | 2.61% | 1.45% | 1.75% | 2.04% | 2.20% |
| Pretax margin | 1.48% | 1.50% | 1.43% | 1.46% | 1.47% | 1.39% | 1.40% | 1.33% | 1.07% | 1.16% | 1.25% | 1.48% | 2.85% | 2.99% | 2.94% | 3.16% | 2.67% | 2.58% | 2.79% | 2.60% |
| Net profit margin | 1.18% | 1.20% | 1.14% | 1.16% | 1.20% | 1.11% | 1.11% | 1.04% | 0.89% | 0.96% | 1.04% | 1.25% | 2.22% | 2.39% | 2.37% | 2.65% | 2.40% | 2.25% | 2.39% | 2.12% |
The profitability ratios of Synnex Corporation have shown consistency and improvement over the years. The gross profit margin has steadily increased from 4.91% in November 2019 to 6.81% in November 2024. This indicates the company's ability to efficiently manage production costs and generate a higher percentage of revenue as gross profit.
Similarly, the operating profit margin has also exhibited a positive trend, rising from 2.20% in November 2019 to 2.04% in February 2024. This shows the effectiveness of the company in controlling operating expenses and optimizing operational efficiency to enhance profitability.
The pretax margin, however, has somewhat fluctuated but generally remained stable, ranging from 1.07% in August 2022 to 3.16% in November 2020. This ratio reflects Synnex Corporation's ability to generate profits before tax relative to its total revenue.
The net profit margin, representing the bottom-line profitability, has demonstrated a downward trend in recent years, declining from 2.65% in November 2020 to 1.18% in November 2024. Although there was a decrease, the company still managed to maintain positive net profit margins, which indicates its ability to generate profits after all expenses are accounted for.
Overall, the profitability ratios of Synnex Corporation suggest an improvement in operational efficiency and cost management, despite some fluctuations in certain periods. It is important for the company to continue monitoring and optimizing its profitability metrics to sustain and enhance its financial performance in the future.
Return on investment
| Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 3.94% | 3.96% | 3.95% | 4.06% | 3.94% | 3.91% | 3.85% | 3.53% | 3.10% | 2.88% | 2.45% | 2.25% | 6.07% | 7.63% | 2.03% | 3.87% | 2.22% | 2.94% | 3.90% | 4.44% |
| Return on assets (ROA) | 2.28% | 2.33% | 2.32% | 2.40% | 2.43% | 2.37% | 2.35% | 2.19% | 1.89% | 1.77% | 1.53% | 1.43% | 4.67% | 6.50% | 1.79% | 3.93% | 3.69% | 3.79% | 4.57% | 4.28% |
| Return on total capital | 14.86% | 14.16% | 13.74% | 13.92% | 14.17% | 13.31% | 13.83% | 13.09% | 11.61% | 10.13% | 8.77% | 7.88% | 27.29% | 27.59% | 26.42% | 12.02% | 7.20% | 9.69% | 11.88% | 13.71% |
| Return on equity (ROE) | 8.58% | 8.35% | 8.08% | 8.22% | 8.74% | 8.08% | 8.42% | 8.12% | 7.07% | 6.21% | 5.48% | 5.00% | 20.99% | 23.52% | 23.22% | 12.20% | 11.97% | 12.48% | 13.91% | 13.22% |
Synnex Corporation's profitability ratios have shown fluctuations over the periods analyzed.
- Operating return on assets (Operating ROA) ranged from 2.03% to 7.63% during the period. The highest Operating ROA was observed in May 2021, indicating that the company generated $0.0763 in operating income for every $1 of assets during that period.
- Return on assets (ROA) ranged from 1.43% to 6.50% during the period. The highest ROA was also observed in May 2021, indicating that the company generated $0.065 in net income for every $1 of assets during that period.
- Return on total capital ranged from 7.20% to 27.59% during the period. The highest return was observed in May 2021, indicating that the company generated $0.2759 in net income for every $1 of total capital employed during that period.
- Return on equity (ROE) ranged from 5.00% to 23.52% during the period. The highest ROE was observed in May 2021, indicating that the company generated $0.2352 in net income for every $1 of shareholder equity during that period.
Overall, Synnex Corporation's profitability ratios have fluctuated but generally show positive performance, with improvements in certain periods. Analysts should further investigate the reasons behind these fluctuations to provide a more in-depth analysis of the company's financial health and performance.