Synaptics Incorporated (SYNA)
Profitability ratios
Return on sales
| 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 | Sep 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 49.18% | 49.01% | 50.88% | 52.40% | 55.10% | 56.48% | 56.28% | 56.20% | 55.31% | 54.75% | 53.20% | 49.99% | 46.60% | 40.57% | 39.07% | 38.85% | 37.96% | 38.44% | 36.80% | 35.11% |
| Operating profit margin | -11.36% | -12.44% | -5.91% | 0.66% | 11.88% | 20.29% | 21.66% | 22.56% | 20.55% | 17.90% | 15.67% | 14.93% | 11.21% | 7.81% | 6.89% | 5.05% | 4.82% | 1.76% | 0.04% | -0.65% |
| Pretax margin | -13.93% | -15.15% | -8.49% | -1.69% | 9.70% | 18.31% | 20.33% | 21.32% | 18.89% | 15.56% | 12.48% | 11.58% | 8.46% | 13.58% | 12.91% | 11.21% | 11.04% | 0.66% | -1.12% | -1.93% |
| Net profit margin | 14.04% | -12.16% | -8.06% | -4.30% | 5.66% | 11.54% | 13.71% | 15.83% | 15.10% | 12.50% | 10.11% | 9.08% | 6.07% | 10.86% | 10.21% | 7.89% | 8.30% | -1.31% | -1.17% | -1.65% |
Synaptics Incorporated's profitability ratios have shown variability over the past years. The gross profit margin has ranged from 35.11% to 56.48% during the periods examined, indicating fluctuations in the company's ability to generate profits from its core operations.
However, the operating profit margin has been less stable, with values ranging from -12.44% to 22.56%. This suggests that Synaptics has experienced challenges in managing its operating expenses in some periods, leading to negative operating profits.
Similarly, the pretax margin has also shown significant variability, ranging from -15.15% to 21.32%. This indicates fluctuations in the company's ability to generate profits before accounting for taxes, which could be influenced by factors such as revenue trends and cost management.
On the other hand, the net profit margin has shown a similarly wide range from -12.16% to 15.83%. This metric, which represents the company's bottom-line profitability after all expenses have been deducted, highlights the impact of operating efficiency, tax management, and other factors on Synaptics' overall profitability.
Overall, Synaptics Incorporated's profitability ratios reflect a mix of strengths and challenges in managing its costs, generating revenues, and maximizing profitability over the period analyzed.
Return on investment
| 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 | Sep 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -3.60% | -4.27% | -2.21% | 0.28% | 5.91% | 11.66% | 13.59% | 14.22% | 12.26% | 10.27% | 8.60% | 11.31% | 6.60% | 4.97% | 5.34% | 4.04% | 4.07% | 1.58% | 0.04% | -0.62% |
| Return on assets (ROA) | 4.45% | -4.18% | -3.02% | -1.83% | 2.82% | 6.63% | 8.60% | 9.98% | 9.01% | 7.18% | 5.55% | 6.88% | 3.57% | 6.91% | 7.91% | 6.31% | 7.01% | -1.17% | -1.08% | -1.59% |
| Return on total capital | -2.44% | -3.05% | -0.79% | 1.92% | 8.18% | 14.63% | 17.19% | 18.33% | 16.57% | 13.76% | 11.35% | 15.28% | 12.07% | 8.58% | 9.39% | 7.33% | 7.29% | 1.80% | 0.62% | -0.20% |
| Return on equity (ROE) | 8.56% | -8.59% | -6.36% | -3.87% | 5.92% | 13.62% | 18.03% | 21.27% | 20.33% | 16.72% | 13.39% | 12.24% | 8.23% | 16.15% | 15.97% | 13.35% | 14.50% | -2.44% | -2.27% | -3.47% |
Analyzing Synaptics Incorporated's profitability ratios over the past few quarters reveals fluctuating performance levels.
1. Operating return on assets (Operating ROA):
- The Operating ROA has shown a downward trend, with negative percentages in recent quarters, indicating inefficiency in generating operating profits relative to the company's assets.
2. Return on assets (ROA):
- The ROA also exhibits variability, with some quarters showing positive returns while others show negative returns. The company's ability to generate profits from its assets has been inconsistent.
3. Return on total capital:
- Similar to the ROA, the Return on Total Capital has been erratic, fluctuating between negative and positive values. This ratio reflects the company's efficiency in generating returns from both debt and equity capital.
4. Return on equity (ROE):
- The ROE depicts a mix of positive and negative values, indicating inconsistent profitability relative to shareholder equity. Although there are quarters with strong returns, there are also periods of negative returns.
Overall, the analysis suggests that Synaptics Incorporated's profitability has been volatile, indicating challenges in effectively utilizing assets and capital to generate sustainable returns for both shareholders and the company itself.