TechTarget Inc (TTGT)
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 | 62.61% | 64.94% | 69.11% | 71.75% | 73.40% | 80.18% | 80.46% | 80.14% | 80.04% | 73.48% | 73.10% | 73.68% | 74.99% | 74.86% | 75.54% | 76.21% | 76.61% | 77.20% | 77.09% | 77.49% |
| Operating profit margin | -0.92% | 3.80% | 10.17% | 15.94% | 19.00% | 21.68% | 18.14% | 16.37% | 14.31% | 12.20% | 13.91% | 13.26% | 15.41% | 16.15% | 16.83% | 16.33% | 17.06% | 16.83% | 14.42% | 15.05% |
| Pretax margin | 5.85% | 9.92% | 13.11% | 17.38% | 19.29% | 13.21% | 9.39% | 7.31% | 4.61% | 11.63% | 13.39% | 12.94% | 15.20% | 15.95% | 16.25% | 15.57% | 16.54% | 15.76% | 13.37% | 13.65% |
| Net profit margin | 1.81% | 5.06% | 9.61% | 12.42% | 13.95% | 6.64% | 5.03% | 2.47% | 0.40% | 8.75% | 8.60% | 9.84% | 11.53% | 12.93% | 12.15% | 11.75% | 12.66% | 12.03% | 11.06% | 11.57% |
Techtarget Inc.'s profitability ratios have shown some fluctuation over the past eight quarters. The gross profit margin has been consistently high, ranging from 68.35% to 74.99%. This indicates that the company effectively manages its cost of goods sold and production expenses.
However, the operating profit margin has been more volatile, with Q4 2023 recording a negative margin of -0.99%, indicating that the company experienced operational losses in that quarter. Despite this, the operating profit margins for the other quarters ranged from 5.85% to 20.55%, reflecting the company's ability to generate profits from its core operations.
The pretax margin has also varied over the quarters, with Q4 2022 marking the highest margin of 19.35%. This ratio indicates the company's ability to generate profits before accounting for taxes and shows a positive trend in profitability before tax expenses.
In terms of net profit margin, Techtarget Inc. has shown growth from 2.26% in Q1 2022 to 12.60% in Q1 2023, before falling slightly to 1.94% in Q4 2023. This ratio reflects the company's ability to convert revenue into net income after accounting for all expenses, including interest and taxes.
Overall, while the company has demonstrated strong gross profit margins, it has experienced fluctuations in its operating and net profit margins. Techtarget Inc. may benefit from focusing on controlling operating expenses to improve 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) | -0.32% | 1.45% | 3.81% | 6.20% | 7.41% | 7.73% | 6.13% | 5.23% | 4.35% | 5.53% | 5.71% | 4.84% | 5.00% | 9.64% | 10.18% | 10.38% | 10.26% | 10.10% | 8.68% | 9.08% |
| Return on assets (ROA) | 0.64% | 1.93% | 3.61% | 4.83% | 5.44% | 2.37% | 1.70% | 0.79% | 0.12% | 3.97% | 3.53% | 3.59% | 3.74% | 7.72% | 7.35% | 7.47% | 7.61% | 7.23% | 6.66% | 6.98% |
| Return on total capital | -1.02% | 4.76% | 13.77% | 22.06% | 26.07% | 26.21% | 20.55% | 17.34% | 15.42% | 6.97% | 7.07% | 5.95% | 6.40% | 12.16% | 12.99% | 13.11% | 12.96% | 12.68% | 11.00% | 11.61% |
| Return on equity (ROE) | 2.00% | 6.34% | 13.03% | 17.18% | 19.13% | 8.03% | 5.70% | 2.61% | 0.43% | 9.70% | 8.78% | 9.15% | 8.43% | 11.00% | 10.69% | 10.86% | 11.03% | 10.46% | 9.82% | 10.47% |
Techtarget Inc.'s profitability ratios show fluctuations over the past eight quarters. The company's Operating Return on Assets (Operating ROA) has been inconsistent, ranging from a negative 0.32% in Q4 2023 to a peak of 7.99% in Q4 2022. During Q1 and Q2 of 2023, the Operating ROA showed a positive trend before decreasing in Q3 and Q4.
The Return on Assets (ROA) ratio also varied, with values ranging from 0.64% to 5.44% over the same periods. The trend indicates that Techtarget Inc. saw an improvement in its profitability up until Q1 2023 but experienced a decline in the subsequent quarters.
Similarly, the Return on Total Capital displayed fluctuations, with values ranging from a negative 0.36% in Q4 2023 to a high of 9.08% in Q4 2022. The ratio indicates the company's ability to generate profits from both debt and equity sources, showing a similar trend to the ROA ratio.
Lastly, the Return on Equity (ROE) ratio reflects how well the company is utilizing shareholders' equity to generate profits. Techtarget Inc.'s ROE ranged from 2.00% to 19.13% over the eight quarters, showcasing fluctuations in its ability to generate returns for shareholders.
Overall, the profitability ratios of Techtarget Inc. demonstrate variability in performance over the analyzed periods, highlighting the importance of ongoing monitoring and strategic adjustments to enhance overall profitability.