Bio-Techne Corp (TECH)
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 | 66.39% | 67.80% | 67.98% | 68.52% | 67.70% | 68.02% | 68.26% | 68.46% | 69.13% | 68.79% | 68.70% | 68.56% | 69.01% | 68.11% | 67.64% | 67.37% | 66.73% | 67.32% | 67.54% | 67.43% |
| Operating profit margin | 17.83% | 22.45% | 23.76% | 26.38% | 26.29% | 25.33% | 26.35% | 25.92% | 27.10% | 26.74% | 25.83% | 25.88% | 25.88% | 24.85% | 23.80% | 23.22% | 21.74% | 21.81% | 21.61% | 21.48% |
| Pretax margin | 16.02% | 20.43% | 22.24% | 25.14% | 29.76% | 29.22% | 28.38% | 30.95% | 28.36% | 22.47% | 21.18% | 18.29% | 16.25% | 24.26% | 25.96% | 39.95% | 38.18% | 32.13% | 33.01% | 15.63% |
| Net profit margin | 14.50% | 17.85% | 19.82% | 21.80% | 25.09% | 24.11% | 23.37% | 26.13% | 24.86% | 21.19% | 20.69% | 18.18% | 15.31% | 22.01% | 22.24% | 33.29% | 31.67% | 25.26% | 26.75% | 12.96% |
Based on the data provided, Bio-Techne Corp's profitability ratios have shown some fluctuations over the past few quarters.
1. Gross Profit Margin: The gross profit margin has ranged between 66.39% to 69.13% over the periods analyzed. This metric indicates the company's ability to generate profit from its revenue after accounting for the cost of goods sold.
2. Operating Profit Margin: The operating profit margin has fluctuated between 17.83% to 27.10% over the analyzed periods. This ratio reflects the company's efficiency in controlling operating expenses relative to its revenue.
3. Pre-tax Margin: The pre-tax margin has varied from 15.63% to 39.95% during the periods in review. This ratio provides insight into the company's ability to generate profits before accounting for taxes and is affected by factors such as operating efficiency and interest expenses.
4. Net Profit Margin: The net profit margin has shown fluctuations between 12.96% to 33.29% over the analyzed quarters. This metric reflects the company's efficiency in generating profit from its revenue after accounting for all expenses, including taxes.
Overall, Bio-Techne Corp's profitability ratios indicate a decent level of profitability, with some variations observed across the periods due to factors such as changes in revenue and expenses management. It is important for the company to continue monitoring and managing its profitability metrics to ensure sustained financial health.
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) | 7.64% | 9.39% | 9.84% | 10.83% | 11.33% | 10.96% | 12.49% | 12.32% | 12.92% | 12.37% | 11.40% | 11.08% | 10.49% | 9.98% | 9.05% | 8.44% | 7.76% | 8.07% | 7.89% | 8.01% |
| Return on assets (ROA) | 6.22% | 7.46% | 8.21% | 8.95% | 10.81% | 10.44% | 11.08% | 12.42% | 11.86% | 9.80% | 9.13% | 7.78% | 6.20% | 8.84% | 8.46% | 12.09% | 11.31% | 9.35% | 9.76% | 4.83% |
| Return on total capital | 9.82% | 12.37% | 13.53% | 14.86% | 17.78% | 17.93% | 18.01% | 20.42% | 18.90% | 14.65% | 13.37% | 11.63% | 10.43% | 14.19% | 14.54% | 21.98% | 21.41% | 19.97% | 19.77% | 11.41% |
| Return on equity (ROE) | 8.13% | 10.08% | 11.42% | 12.35% | 14.51% | 14.36% | 14.33% | 16.67% | 15.99% | 13.15% | 12.36% | 10.77% | 8.98% | 11.97% | 11.50% | 17.25% | 16.60% | 14.47% | 14.75% | 7.93% |
Bio-Techne Corp's profitability ratios have shown fluctuations over the observed periods.
1. Operating return on assets (Operating ROA) has ranged from 7.64% to 12.92% over the past few quarters, indicating the company's ability to generate operating profit from its assets, with a slight downward trend in recent periods.
2. Return on assets (ROA) has varied between 6.20% and 12.42%, reflecting the company's overall profitability in relation to its total assets, with some volatility in performance.
3. Return on total capital has ranged from 9.82% to 21.98%, displaying the company's efficiency in generating returns from its total invested capital, with a general upward trend, peaking in some periods.
4. Return on equity (ROE) has fluctuated between 8.13% and 17.25%, highlighting the company's ability to generate profits for its shareholders based on their equity investments, with notable variability in performance over time.
Overall, while Bio-Techne Corp's profitability ratios exhibit some level of inconsistency, they generally demonstrate the company's effectiveness in generating returns from its assets, capital, and equity, with periods of both strength and weakness in profitability.