Sonos Inc (SONO)
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 | 45.19% | 45.36% | 44.78% | 44.56% | 42.84% | 42.32% | 42.60% | 42.97% | 45.45% | 46.74% | 46.67% | 47.70% | 47.18% | 47.41% | 46.99% | 45.69% | 43.10% | 41.73% | 41.95% | 42.14% |
| Operating profit margin | -3.15% | -0.45% | -2.64% | -1.69% | -1.23% | -3.10% | -1.43% | 2.43% | 5.11% | 7.69% | 8.20% | 8.65% | 9.03% | 10.72% | 6.91% | 3.03% | -2.05% | -5.27% | -1.98% | 0.35% |
| Pretax margin | -1.78% | 0.17% | -1.79% | -0.90% | 0.26% | -1.82% | -0.92% | 2.77% | 3.92% | 6.82% | 7.98% | 8.45% | 9.14% | 11.15% | 7.25% | 3.47% | -1.51% | -5.27% | -1.85% | 0.54% |
| Net profit margin | -2.50% | -1.03% | -2.81% | -0.28% | -0.61% | -2.56% | -1.20% | 1.07% | 3.85% | 6.83% | 7.83% | 8.63% | 9.24% | 10.95% | 7.08% | 2.94% | -1.52% | -5.32% | -1.95% | 0.33% |
Sonos Inc's profitability ratios have exhibited some fluctuation over the past years. The gross profit margin has generally remained stable, ranging from 41.73% to 47.70%, with a recent value of 45.19% as of September 30, 2024. This indicates the company's ability to efficiently generate profits from its sales after accounting for the cost of goods sold.
However, the operating profit margin has been more volatile, with a negative trend in recent quarters, reaching -3.15% as of September 30, 2024. This suggests that Sonos Inc's operating expenses have been relatively high compared to its revenue, impacting profitability at the operating level.
The pretax margin has also shown variability, fluctuating between negative and positive values, with a recent figure of -1.78% as of September 30, 2024. This metric reflects the company's ability to manage its operating expenses and taxes in relation to its total revenue.
Furthermore, the net profit margin has similarly experienced fluctuations, indicating the company's ability to generate profits after accounting for all expenses. As of September 30, 2024, the net profit margin stood at -2.50%, highlighting challenges in maintaining profitability at the bottom line.
Overall, while Sonos Inc's gross profit margin remains relatively stable, the company faces challenges in terms of operating profitability and bottom-line net profit margin, which may require attention to improve overall profitability in the future.
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) | -5.24% | -0.73% | -4.42% | -2.45% | -2.05% | -4.90% | -2.27% | 3.58% | 7.53% | 11.10% | 12.05% | 10.94% | 13.61% | 16.78% | 10.33% | 4.00% | -3.34% | -10.47% | -4.01% | 0.53% |
| Return on assets (ROA) | -4.16% | -1.70% | -4.71% | -0.41% | -1.03% | -4.05% | -1.90% | 1.58% | 5.67% | 9.87% | 11.51% | 10.91% | 13.93% | 17.13% | 10.58% | 3.88% | -2.46% | -10.57% | -3.94% | 0.50% |
| Return on total capital | -7.94% | 0.64% | -5.48% | -2.30% | 0.98% | -5.06% | -2.43% | 7.88% | 12.36% | 19.12% | 21.45% | 21.64% | 27.69% | 32.37% | 19.82% | 9.84% | -5.88% | -23.39% | -6.81% | 2.42% |
| Return on equity (ROE) | -8.90% | -3.51% | -8.82% | -0.76% | -1.98% | -7.30% | -3.28% | 3.01% | 12.02% | 19.09% | 21.01% | 22.04% | 27.87% | 31.64% | 19.15% | 8.11% | -6.75% | -26.08% | -8.39% | 1.18% |
The profitability ratios of Sonos Inc have shown fluctuations over the past few quarters.
1. Operating return on assets (Operating ROA) has generally been negative or low, indicating that the company's operating performance in generating profits from its assets has been weak. There was a significant decline from 2021 to 2024, with the current -5.24% in Sep 2024 being the lowest in recent periods.
2. Return on assets (ROA) has also been negative or low, showing the overall profitability of the company relative to its total assets. The ratio improved from negative levels in early 2024 to -1.70% in Jun 2024, but deteriorated again to -4.16% in Sep 2024.
3. Return on total capital reflects the company's ability to generate profit in relation to its total capital employed. The ratio has fluctuated, reaching a low of -7.94% in Sep 2024, but it showed improvement from mid-2022 to mid-2023.
4. Return on equity (ROE) shows how much profit the company is generating for its shareholders' equity. The ratio has been negative or low, with a slight improvement in mid-2023 to mid-2024, before declining again in the latest quarter to -8.90%.
Overall, Sonos Inc has experienced challenges in maintaining profitability, as seen in the negative or low values of these profitability ratios. Investors and analysts may want to further investigate the reasons behind these trends and assess the company's strategies to improve profitability in the future.