Synnex Corporation (SNX)
Profitability ratios
Return on sales
| 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 | Aug 31, 2019 | May 31, 2019 | Feb 28, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 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% | 12.17% | 11.50% | 10.60% |
| Operating profit margin | 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% | 3.29% | 3.04% | 2.90% |
| Pretax margin | 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% | 2.66% | 2.48% | 2.34% |
| Net profit margin | 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% | 1.94% | 1.79% | 1.75% |
Synnex Corporation's profitability ratios have shown a mixed performance over the past few quarters. The gross profit margin has fluctuated between 5.84% and 6.96% over the observation period, with a downward trend in recent quarters. This indicates the company's ability to generate profit from its core operations has been somewhat unstable.
The operating profit margin has also exhibited variability, ranging from 1.46% to 2.89%. Despite some fluctuations, the operating profit margin has shown a generally increasing trend, suggesting improvements in the company's efficiency in managing operating expenses.
The pretax margin has fluctuated between 1.07% and 3.29%, showing inconsistency in the company's ability to generate profit before tax. However, the trend seems to indicate a slightly increasing profitability before tax over time.
The net profit margin has shown similar fluctuations, varying between 0.89% and 2.65%. While there have been some improvements, the net profit margin remains relatively low compared to the industry average, indicating that Synnex Corporation's bottom-line profitability may still have room for enhancement.
Overall, Synnex Corporation's profitability ratios suggest a need for continued focus on improving operational efficiency and cost management to enhance profitability in the future.
Return on investment
| 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 | Aug 31, 2019 | May 31, 2019 | Feb 28, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | 6.53% | 5.78% | 5.58% |
| Return on assets (ROA) | 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% | 3.85% | 3.40% | 3.37% |
| Return on total capital | 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% | 20.72% | 18.42% | 17.11% |
| Return on equity (ROE) | 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% | 12.21% | 10.85% | 10.34% |
Synnex Corporation's profitability ratios have shown fluctuations over the past several reporting periods. The Operating return on assets (Operating ROA) has ranged from 2.03% to 7.63%, with the most recent figure standing at 4.06%. This indicates that the company generated an operating profit of 4.06% for every dollar of assets employed in its operations.
The Return on assets (ROA) has varied between 1.43% and 6.50%, with the latest value at 2.40%. This ratio signifies that Synnex Corporation earned a net income of 2.40% on its total assets.
The Return on total capital has fluctuated between 7.20% and 27.59%, with the current figure standing at 13.92%. This metric reflects the company's efficiency in generating profits from both equity and debt capital investments.
Lastly, the Return on equity (ROE) has ranged from 5.00% to 23.52%, with the most recent value at 8.22%. ROE measures the company's ability to generate profits from shareholders' equity investments.
Overall, the profitability ratios of Synnex Corporation indicate a solid performance in terms of generating returns for both assets and capital employed, with some variability noted across the reporting periods.