Shutterstock (SSTK)
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 | 9.51% | 9.50% | 10.76% | 11.27% | 10.56% | 15.15% | 14.48% | 16.31% | 17.38% | 20.69% | 22.79% | 22.35% | 18.94% | 16.82% | 13.46% | 10.21% | 10.90% | 11.97% | 12.70% | 13.79% |
| Operating profit margin | 7.81% | 8.43% | 10.08% | 12.11% | 11.33% | 12.38% | 11.72% | 12.91% | 14.04% | 16.24% | 17.89% | 17.16% | 12.82% | 9.76% | 5.79% | 2.76% | 3.10% | 4.65% | 5.26% | 5.71% |
| Pretax margin | 13.99% | 14.70% | 15.16% | 11.84% | 11.01% | 11.90% | 11.21% | 12.89% | 13.60% | 16.49% | 18.24% | 17.35% | 13.46% | 10.11% | 6.40% | 3.44% | 3.84% | 5.11% | 5.69% | 4.94% |
| Net profit margin | 12.60% | 13.49% | 13.33% | 9.77% | 9.21% | 10.58% | 9.84% | 11.27% | 11.93% | 13.53% | 14.98% | 14.15% | 10.79% | 7.72% | 5.05% | 2.61% | 3.10% | 4.75% | 5.20% | 4.69% |
Shutterstock Inc's profitability ratios have shown some fluctuations over the past eight quarters. The gross profit margin has gradually decreased from 62.03% in Q4 2022 to 59.68% in Q4 2023, indicating a decline in the company's ability to generate profit from its core operations.
The operating profit margin has also shown a downward trend, declining from 13.56% in Q4 2022 to 7.82% in Q4 2023. This suggests that the company's ability to control operating expenses and generate operating profit has weakened over the past year.
Similarly, the pretax margin has fluctuated over the quarters, ranging from 11.00% in Q4 2022 to 15.18% in Q2 2023. However, the pretax margin decreased to 14.00% in Q4 2023, implying that the company's profitability before taxes has slightly declined.
The net profit margin has also displayed variability, with a high of 13.52% in Q3 2023 and a low of 9.19% in Q4 2022. In Q4 2023, the net profit margin stood at 12.61%, showing a rebound from the previous quarter but still below the levels seen in Q3 2023.
Overall, Shutterstock Inc's profitability ratios indicate some fluctuation and a general downward trend in profitability over the past year. It is essential for the company to focus on improving its gross and operating efficiency to enhance its overall profitability in the future.
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) | 6.60% | 7.28% | 8.51% | 12.12% | 10.62% | 11.97% | 11.08% | 12.80% | 12.69% | 14.40% | 16.12% | 15.57% | 11.69% | 9.22% | 5.96% | 2.90% | 3.20% | 4.86% | 5.65% | 6.14% |
| Return on assets (ROA) | 10.64% | 11.65% | 11.25% | 9.78% | 8.64% | 10.23% | 9.30% | 11.17% | 10.79% | 11.99% | 13.50% | 12.84% | 9.84% | 7.30% | 5.20% | 2.75% | 3.19% | 4.97% | 5.60% | 5.04% |
| Return on total capital | 12.98% | 13.90% | 16.44% | 21.42% | 20.92% | 23.36% | 21.92% | 22.93% | 23.08% | 25.50% | 27.57% | 26.70% | 20.21% | 16.27% | 10.86% | 5.44% | 6.14% | 9.48% | 11.02% | 12.23% |
| Return on equity (ROE) | 20.92% | 22.24% | 21.74% | 17.29% | 17.01% | 19.96% | 18.40% | 20.01% | 19.61% | 21.24% | 23.09% | 22.01% | 17.01% | 12.87% | 9.49% | 5.16% | 6.13% | 9.70% | 10.92% | 10.04% |
Based on the profitability ratios of Shutterstock Inc over the past eight quarters, there are notable fluctuations in the company's financial performance.
Operating return on assets (Operating ROA) shows the efficiency of the company in generating profits from its assets used in operations. It ranged from 6.60% to 14.33% during the period. The highest figure achieved in Q1 2023 suggests improved operational efficiency compared to Q4 2023.
Return on assets (ROA) measures the company's overall profitability in relation to its total assets. The ratio fluctuated between 8.64% and 11.65% over the period. Q3 2023 recorded the highest ROA, indicating effective asset utilization to generate profits.
Return on total capital reflects the company's ability to generate profits from the total capital employed. The ratio varied between 12.28% and 25.34% during the period. Q1 2023 had the highest return on total capital, indicating strong profitability relative to the total capital invested.
Return on equity (ROE) measures the return on shareholders' equity. The ROE ranged from 17.01% to 22.24% over the period. Q2 2023 recorded the highest ROE, indicating the company's ability to generate returns for its shareholders.
Overall, the profitability ratios of Shutterstock Inc show fluctuations in performance over the past eight quarters. It is essential for stakeholders to closely monitor these ratios to assess the company's financial health and performance sustainability.