SolarWinds Corp (SWI)
Profitability ratios
Return on sales
| Dec 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 89.78% | 88.74% | 88.54% | 88.20% | 88.00% | 87.81% | 87.80% | 88.04% | 86.02% | 81.98% | 76.79% | 71.71% | 68.41% | 68.64% | 69.47% | 69.93% | 70.50% | 71.55% | 72.03% | 72.44% |
| Operating profit margin | 26.22% | 24.24% | 22.88% | 20.94% | 19.70% | 17.94% | -22.35% | -108.42% | -113.10% | -119.75% | -83.43% | -1.43% | -4.57% | -2.87% | 0.59% | 6.55% | 11.96% | 8.88% | 9.89% | 8.73% |
| Pretax margin | 13.05% | 10.28% | 8.38% | 6.11% | 4.47% | 2.46% | -37.53% | -122.17% | -125.31% | -130.77% | -94.27% | -10.66% | -11.67% | -8.77% | -2.86% | 1.43% | 3.51% | 4.80% | 3.68% | 1.64% |
| Net profit margin | 14.08% | 4.89% | 2.94% | 1.57% | -1.19% | -2.52% | -41.48% | -126.85% | -128.26% | -131.57% | -91.79% | -6.80% | -7.15% | 14.63% | 17.54% | 21.05% | 22.11% | 5.01% | 3.70% | 1.79% |
SolarWinds Corp's profitability ratios show fluctuations over the years. The gross profit margin has been steadily increasing from 72.44% in March 2020 to 89.78% in December 2024, indicating an improvement in the company's ability to control production costs.
On the other hand, the operating profit margin and pretax margin faced challenges, with significant declines in June 2021 and continued negative margins until September 2022. However, there was a notable recovery in profitability from March 2023 onwards, with margins gradually improving.
The net profit margin exhibited a similar pattern as the operating and pretax margins, with negative margins from June 2021 to March 2023. The company managed to turn this around, achieving positive net profit margins starting from June 2023, peaking at 14.08% in December 2024.
Overall, SolarWinds Corp experienced a mix of challenges and recoveries in profitability ratios during the period under review, with signs of improvement in recent quarters.
Return on investment
| Dec 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.58% | 6.14% | 5.83% | 4.98% | 4.63% | 4.25% | -5.22% | -24.92% | -25.61% | -24.67% | -14.69% | -0.22% | -0.69% | -0.43% | 0.08% | 0.84% | 1.50% | 1.27% | 1.54% | 1.47% |
| Return on assets (ROA) | 3.53% | 1.24% | 0.75% | 0.37% | -0.28% | -0.60% | -9.68% | -29.15% | -29.04% | -27.10% | -16.17% | -1.03% | -1.07% | 2.17% | 2.26% | 2.70% | 2.78% | 0.72% | 0.58% | 0.30% |
| Return on total capital | 8.03% | 7.48% | 7.13% | 6.51% | 5.71% | 5.22% | -6.41% | -30.84% | -31.98% | -29.95% | -17.21% | -0.25% | -0.79% | -0.49% | 0.09% | 0.97% | 1.75% | 1.48% | 1.81% | 1.72% |
| Return on equity (ROE) | 7.99% | 2.83% | 1.76% | 0.94% | -0.63% | -1.36% | -22.02% | -67.14% | -67.86% | -72.49% | -40.76% | -2.15% | -2.25% | 4.52% | 4.25% | 5.11% | 5.26% | 1.40% | 1.15% | 0.60% |
SolarWinds Corp's profitability ratios have shown fluctuating performance over the past few years.
- Operating return on assets (Operating ROA) has generally been positive, with a notable decrease from mid-2022 to mid-2023, reaching negative values, but gradually recovering to positive figures by the end of 2023 and improving further in 2024.
- Return on assets (ROA) also displayed a similar trend with a significant decline in mid-2022, hitting negative figures before recovering and showing positive values by the end of 2023 and improving further in 2024.
- Return on total capital experienced a sharp decline from mid-2022 to mid-2023, turning negative and gradually recovering to positive territory by the end of 2023, with improvements continuing into 2024.
- Return on equity (ROE) followed a similar pattern to the other ratios, showcasing a significant decline in mid-2022 and hitting negative values before recovering gradually towards the end of 2023 and showing remarkable improvement in 2024.
Overall, SolarWinds Corp's profitability ratios have shown resilience in overcoming challenging periods, demonstrating an ability to recover and improve profitability metrics over the analyzed period.