Gentherm Inc (THRM)
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 | 24.27% | 22.77% | 22.99% | 22.68% | 22.93% | 24.50% | 25.40% | 27.31% | 29.07% | 30.36% | 31.22% | 30.05% | 29.69% | 28.50% | 27.98% | 29.64% | 29.54% | 29.30% | 28.97% | 28.66% |
| Operating profit margin | 5.35% | 3.45% | 3.48% | 4.04% | 4.05% | 6.02% | 6.30% | 8.62% | 11.01% | 12.46% | 13.94% | 11.54% | 9.88% | 8.20% | 6.14% | 8.62% | 8.63% | 8.29% | 7.72% | 7.09% |
| Pretax margin | 3.79% | 2.34% | 1.90% | 2.66% | 3.22% | 5.89% | 6.82% | 8.72% | 10.90% | 12.18% | 13.27% | 10.86% | 9.03% | 5.02% | 3.76% | 5.29% | 4.90% | 6.52% | 4.52% | 5.51% |
| Net profit margin | 2.79% | 1.26% | 0.87% | 1.61% | 2.05% | 4.40% | 5.33% | 7.05% | 8.95% | 9.91% | 10.57% | 8.37% | 6.61% | 4.27% | 3.35% | 4.35% | 3.84% | 3.96% | 2.31% | 3.58% |
Gentherm Inc's profitability ratios exhibit some fluctuations over the quarters analyzed. The gross profit margin, a measure of the company's ability to generate revenue after accounting for the cost of goods sold, has ranged from 22.35% to 24.44% in the past year. This indicates that the company has been able to maintain a moderate level of profitability on its core operations.
The operating profit margin, which reflects the proportion of revenue that translates into operating income, shows a downward trend from 8.94% in Q1 2022 to 4.60% in Q1 2023. This may suggest challenges in controlling operating expenses or optimizing operational efficiency.
The pretax margin, a measure of profitability before taxes, has also declined noticeably over the quarters, from 8.72% in Q1 2022 to 1.86% in Q2 2023. This trend raises concerns about the company's overall profitability and tax management strategies.
Similarly, the net profit margin, which indicates the company's bottom-line profitability after all expenses are deducted, witnessed a sharp decrease from 7.05% in Q1 2022 to 0.85% in Q2 2023. This significant reduction implies that Gentherm Inc may be facing challenges in sustaining its profitability and controlling costs effectively.
Overall, the fluctuating profitability margins of Gentherm Inc highlight the importance of closely monitoring expenses, enhancing revenue generation strategies, and implementing cost-saving measures to improve 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) | 6.27% | 4.02% | 3.89% | 4.08% | 3.90% | 5.37% | 6.81% | 9.15% | 12.30% | 14.30% | 16.37% | 11.93% | 8.72% | 7.53% | 6.21% | 9.08% | 11.40% | 11.26% | 10.43% | 9.70% |
| Return on assets (ROA) | 3.27% | 1.47% | 0.97% | 1.63% | 1.97% | 3.92% | 5.76% | 7.47% | 9.99% | 11.38% | 12.40% | 8.66% | 5.84% | 3.92% | 3.39% | 4.59% | 5.08% | 5.38% | 3.12% | 4.89% |
| Return on total capital | 8.93% | 5.68% | 5.45% | 5.67% | 5.34% | 7.78% | 9.51% | 12.78% | 16.67% | 19.49% | 22.12% | 16.56% | 11.49% | 9.84% | 7.67% | 11.55% | 14.99% | 15.14% | 13.77% | 12.84% |
| Return on equity (ROE) | 6.26% | 2.73% | 1.79% | 3.04% | 3.64% | 7.80% | 8.48% | 11.02% | 14.29% | 16.38% | 17.95% | 13.17% | 10.18% | 7.06% | 5.94% | 8.71% | 7.75% | 8.79% | 5.04% | 7.81% |
Gentherm Inc's profitability ratios show fluctuations over the past eight quarters.
Operating return on assets (Operating ROA) has been somewhat volatile, ranging from 4.71% to 8.24%. The highest value was in Q4 2023, indicating that the company generated $8.24 in operating income for every $100 of assets during that quarter.
Return on assets (ROA) has also shown variability, with the lowest value recorded in Q2 2023 at 0.97% and the highest in Q4 2022 at 3.92%. This ratio reflects the company's ability to generate profits from its total assets.
Return on total capital has ranged from 6.09% to 11.72%, showcasing the return the company generates from the total capital invested in its operations. The highest value was observed in Q4 2023, indicating strong capital efficiency during that period.
Return on equity (ROE) has similarly fluctuated, with the lowest value in Q2 2023 at 1.79% and the highest in Q1 2022 at 11.02%. This ratio reflects the company's ability to generate profits for its shareholders from the equity they have invested.
Overall, while Gentherm Inc's profitability ratios have shown variability, the company should focus on maintaining consistent and improving performance to enhance its overall financial health and attractiveness to investors.