TechTarget, Inc. Common Stock (TTGT)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 58.10% | 59.22% | 62.17% | 65.52% | 69.17% | 71.21% | 72.80% | 73.62% | 73.92% | 73.99% | 73.49% | 72.97% | 73.06% | 72.73% | 73.44% | 74.83% | 74.70% | 75.11% | 75.63% | 76.22% |
| Operating profit margin | -5.53% | -4.54% | -3.13% | -0.99% | 7.66% | 13.81% | 19.27% | 22.04% | 19.98% | 16.68% | 15.01% | 13.04% | 12.13% | 13.84% | 13.22% | 15.38% | 16.12% | 16.73% | 16.21% | 16.97% |
| Pretax margin | -2.61% | 0.28% | 1.54% | 6.27% | 10.57% | 13.51% | 17.63% | 19.35% | 12.17% | 8.63% | 6.70% | 4.21% | 11.56% | 13.32% | 12.89% | 15.17% | 15.91% | 16.15% | 15.45% | 16.46% |
| Net profit margin | -5.34% | -3.84% | -3.24% | 1.94% | 5.39% | 9.91% | 12.60% | 13.99% | 6.12% | 4.63% | 2.26% | 0.36% | 8.70% | 8.56% | 9.81% | 11.50% | 12.90% | 12.08% | 11.66% | 12.60% |
TechTarget, Inc. Common Stock has seen a decline in its profitability ratios over the period under review. The Gross Profit Margin, which indicates the efficiency of the company in producing goods and services, decreased from 76.22% as of December 31, 2019, to 58.10% as of September 30, 2024. Similarly, the Operating Profit Margin, reflecting the profitability from core operations, dropped from 16.97% on December 31, 2019, to -5.53% on September 30, 2024.
Furthermore, the Pretax Margin, representing the earnings before taxes, also experienced a downward trend, declining from 16.46% as of December 31, 2019, to -2.61% as of September 30, 2024. Finally, the Net Profit Margin, which shows the percentage of revenue that translates into profit, decreased from 12.60% on December 31, 2019, to -5.34% as of September 30, 2024.
These declining profitability ratios suggest that TechTarget, Inc. Common Stock may be facing challenges in generating profits and controlling costs, which could have implications for its overall financial health and sustainability.
Return on investment
| 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 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -1.71% | -1.42% | -1.00% | -0.32% | 2.74% | 5.03% | 7.39% | 8.57% | 7,733.50% | 6.13% | 5.23% | 4.35% | 5.53% | 5.71% | 4.84% | 5.00% | 9.64% | 10.18% | 10.38% | 10.26% |
| Return on assets (ROA) | -1.65% | -1.20% | -1.03% | 0.64% | 1.93% | 3.61% | 4.83% | 5.44% | 2,369.06% | 1.70% | 0.79% | 0.12% | 3.97% | 3.53% | 3.59% | 3.74% | 7.72% | 7.35% | 7.47% | 7.61% |
| Return on total capital | -3.64% | -4.38% | -4.69% | -1.02% | 6.88% | 15.96% | 24.17% | 28.11% | 26,193.04% | 20.55% | 17.34% | 15.42% | 13.51% | 14.20% | 12.33% | 11.27% | 13.74% | 14.81% | 15.10% | 14.87% |
| Return on equity (ROE) | -4.85% | -3.65% | -3.25% | 2.00% | 6.34% | 13.03% | 17.18% | 19.13% | 8,023.91% | 5.70% | 2.61% | 0.43% | 9.70% | 8.78% | 9.15% | 8.43% | 11.00% | 10.69% | 10.86% | 11.03% |
TechTarget, Inc. Common Stock's profitability ratios show fluctuations over the period under consideration. The Operating Return on Assets (Operating ROA) remained relatively stable around the 10% mark until the end of September 2022 when it increased significantly to 7,733.50%, before gradually decreasing to -1.71% by September 2024. This indicates a period of high profitability followed by a substantial decline.
Similarly, the Return on Assets (ROA) followed a similar trend, increasing to 2,369.06% by September 2022 before declining to -1.65% by September 2024. This ratio reflects the company's ability to generate profits from its assets, showing a period of exceptional profitability followed by a marked decrease.
The Return on Total Capital ratio also exhibited significant fluctuations, with a peak of 26,193.04% in September 2022 before decreasing to -3.64% by September 2024. This ratio indicates the company's efficiency in generating profits from its total capital employed, highlighting a period of extraordinary profitability followed by a substantial downturn.
Lastly, the Return on Equity (ROE) ratio showed a similar pattern of fluctuation, peaking at 8,023.91% by September 2022 before declining to -4.85% by September 2024. This ratio reflects the company's ability to generate returns for its shareholders, demonstrating a period of remarkable profitability followed by a significant decrease.
Overall, the profitability ratios of TechTarget, Inc. Common Stock indicate a period of exceptional profitability followed by a notable decline, suggesting potential challenges in maintaining profitability and efficiency in utilizing assets and capital in the future.