Vericel Corp Ord (VCEL)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 72.55% | 68.64% | 66.80% | 67.88% | 67.83% |
| Operating profit margin | 1.90% | -3.27% | -10.38% | -5.03% | 0.54% |
| Pretax margin | 4.43% | -1.20% | -9.73% | -4.85% | 2.45% |
| Net profit margin | 4.37% | -1.61% | -10.17% | -4.78% | 2.31% |
Vericel Corp Ord's profitability ratios exhibit fluctuating trends over the years. The Gross profit margin has shown a slight decrease from 67.83% in 2020 to 66.80% in 2022, before experiencing an uptick to 72.55% in 2024. This indicates the company's ability to control its production costs and generate profits from its core operations.
On the other hand, the Operating profit margin has been volatile, starting at 0.54% in 2020, dropping to -10.38% in 2022, before rebounding to 1.90% in 2024. This suggests challenges in managing operating expenses and improving operational efficiency.
Similarly, the Pretax margin started at 2.45% in 2020, decreased to -9.73% in 2022, and then rose to 4.43% in 2024. This demonstrates the impact of non-operating expenses or income on the company's overall profitability.
Lastly, the Net profit margin, which reflects the company's bottom-line profitability, started at 2.31% in 2020, declined to -10.17% in 2022, and recovered to 4.37% in 2024. The negative margins in 2021 and 2022 indicate significant challenges in generating profits after accounting for all expenses.
Overall, Vericel Corp Ord's profitability ratios reflect a mix of operational efficiency and financial management challenges throughout the years, with improvements seen in the most recent period.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 1.04% | -1.83% | -6.25% | -3.22% | 0.32% |
| Return on assets (ROA) | 2.39% | -0.90% | -6.12% | -3.07% | 1.39% |
| Return on total capital | 3.81% | -0.78% | -10.32% | -7.04% | 2.27% |
| Return on equity (ROE) | 3.55% | -1.41% | -8.69% | -4.38% | 2.13% |
Vericel Corp Ord's profitability ratios indicate fluctuating performance over the years.
- Operating return on assets (Operating ROA) was positive at 0.32% in 2020 but declined significantly to -3.22% in 2021, -6.25% in 2022, and -1.83% in 2023 before recovering slightly to 1.04% in 2024.
- Return on assets (ROA) also started positively at 1.39% in 2020 but turned negative at -3.07% in 2021, -6.12% in 2022, and -0.90% in 2023 before improving to 2.39% in 2024.
- Return on total capital similarly reflected a downward trend from 2.27% in 2020 to -7.04% in 2021, -10.32% in 2022, and -0.78% in 2023, before bouncing back to 3.81% in 2024.
- Return on equity (ROE) mirrored these patterns, with 2020 starting at 2.13%, then falling to -4.38% in 2021, -8.69% in 2022, and -1.41% in 2023, and finally increasing to 3.55% in 2024.
Overall, the company experienced challenges in profitability in the middle years but showed some signs of recovery and improvement in the most recent period, particularly in 2024. Further analysis is needed to understand the factors driving these fluctuations and whether the company's profitability is sustainable in the long term.