SPS Commerce Inc (SPSC)
Profitability ratios
Return on sales
| 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 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 66.09% | 66.03% | 65.98% | 65.93% | 66.05% | 65.90% | 65.57% | 65.76% | 65.82% | 66.39% | 67.29% | 67.66% | 68.07% | 67.94% | 67.61% | 67.03% | 66.95% | 67.04% | 67.12% | 67.45% |
| Operating profit margin | 14.39% | 14.28% | 14.71% | 15.14% | 15.79% | 15.65% | 14.79% | 14.72% | 14.30% | 14.56% | 15.45% | 15.61% | 16.04% | 15.68% | 15.11% | 14.86% | 13.76% | 13.20% | 12.59% | 11.64% |
| Pretax margin | 15.94% | 15.56% | 15.56% | 15.35% | 15.82% | 15.25% | 14.37% | 14.52% | 13.90% | 14.53% | 15.75% | 16.48% | 16.85% | 16.43% | 15.98% | 15.74% | 15.07% | 14.37% | 13.69% | 12.35% |
| Net profit margin | 12.26% | 12.20% | 12.53% | 12.26% | 12.23% | 12.04% | 11.46% | 11.74% | 11.58% | 12.38% | 13.02% | 14.08% | 14.58% | 13.67% | 13.23% | 12.72% | 12.08% | 11.67% | 11.69% | 10.71% |
SPS Commerce Inc. has shown consistent and relatively stable gross profit margins in the range of 65.57% to 66.09% over the past eight quarters. This indicates that the company has been effectively managing its cost of goods sold to generate a healthy level of gross profit from its revenue.
In terms of operating profit margin, SPS Commerce Inc. has maintained a range of 14.28% to 15.79% over the same period. The company has demonstrated a consistent ability to control its operating expenses while generating operating profits.
The pretax margin for SPS Commerce Inc. has fluctuated slightly between 14.37% and 15.94%, with occasional variations in profitability impacting this metric. Despite these fluctuations, the company has been able to maintain a generally stable level of profitability before accounting for taxes.
Net profit margin, a key indicator of a company's overall profitability, has ranged from 11.46% to 12.53% for SPS Commerce Inc. over the past eight quarters. This demonstrates the company's ability to convert a significant portion of its revenue into net income after considering all expenses and taxes.
Overall, SPS Commerce Inc. has shown consistent profitability across its key margin ratios, indicating effective cost management and revenue generation strategies. However, slight fluctuations in certain periods may warrant further analysis to understand the underlying factors influencing the company's profitability.
Return on investment
| 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 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 9.38% | 9.32% | 9.85% | 10.25% | 10.58% | 10.60% | 9.85% | 9.61% | 8.94% | 9.01% | 9.38% | 9.33% | 9.53% | 9.71% | 9.61% | 9.68% | 8.58% | 8.40% | 7.93% | 7.32% |
| Return on assets (ROA) | 7.99% | 7.97% | 8.40% | 8.30% | 8.19% | 8.16% | 7.64% | 7.66% | 7.24% | 7.66% | 7.91% | 8.42% | 8.66% | 8.46% | 8.41% | 8.28% | 7.53% | 7.43% | 7.36% | 6.74% |
| Return on total capital | 11.57% | 11.71% | 12.06% | 12.62% | 13.25% | 13.30% | 12.35% | 11.99% | 11.38% | 11.32% | 11.81% | 11.64% | 11.92% | 11.99% | 11.88% | 11.98% | 10.82% | 10.39% | 9.81% | 9.01% |
| Return on equity (ROE) | 9.86% | 10.01% | 10.27% | 10.22% | 10.27% | 10.24% | 9.57% | 9.56% | 9.21% | 9.63% | 9.95% | 10.50% | 10.84% | 10.45% | 10.40% | 10.25% | 9.50% | 9.18% | 9.11% | 8.29% |
SPS Commerce Inc.'s profitability ratios demonstrate consistent performance over the quarters analyzed.
1. Operating return on assets (Operating ROA) shows the company's ability to generate operating profits from its assets. The ratios range between 9.32% and 10.58%, indicating stable efficiency in utilizing assets to generate operating earnings, albeit with a slight decline in the most recent quarter.
2. Return on assets (ROA) demonstrates the overall profitability in relation to total assets. SPS Commerce Inc. maintains a steady performance with ratios fluctuating between 7.97% and 8.40%, reflecting the company's ability to generate profit from its total assets consistently.
3. Return on total capital reflects the return earned on the total invested capital of the company, including debt and equity. The ratios range from 11.57% to 13.30%, indicating a consistent ability to generate returns for all invested capital, implying efficient capital utilization.
4. Return on equity (ROE) measures the return generated on shareholders' equity. SPS Commerce Inc. shows stable ROE figures between 9.56% and 10.27%, reflecting the company's ability to generate profit for its shareholders consistently.
Overall, SPS Commerce Inc. demonstrates effective management of assets, capital, and equity to generate profits, with a consistent track record of profitability across the quarters analyzed.