Viavi Solutions Inc (VIAV)
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 | 57.57% | 56.95% | 57.15% | 57.33% | 57.75% | 58.91% | 59.40% | 59.83% | 59.85% | 59.57% | 59.75% | 59.63% | 59.59% | 59.42% | 58.78% | 58.89% | 58.55% | 58.67% | 58.79% | 58.14% |
| Operating profit margin | 2.08% | 3.78% | 4.74% | 4.66% | 7.45% | 10.07% | 12.97% | 14.73% | 14.31% | 13.38% | 13.12% | 12.72% | 11.86% | 13.23% | 11.38% | 11.48% | 10.39% | 8.85% | 8.68% | 7.69% |
| Pretax margin | 1.16% | 2.72% | 3.32% | 3.29% | 5.49% | 8.07% | 10.69% | 11.84% | 5.04% | 4.38% | 4.65% | 4.94% | 10.91% | 11.65% | 9.85% | 9.56% | 8.27% | 6.97% | 6.47% | 5.30% |
| Net profit margin | -2.58% | -0.42% | 0.49% | 0.26% | 2.31% | 3.57% | 6.16% | 8.07% | 1.20% | 0.18% | 0.02% | -0.56% | 5.63% | 7.87% | 3.69% | 3.71% | 2.53% | 1.25% | 3.64% | 2.37% |
Viavi Solutions Inc's profitability ratios show fluctuating trends over the past several periods. The gross profit margin has ranged from 56.95% to 59.85%, indicating a stable level of profitability from sales after deducting the cost of goods sold.
However, the operating profit margin has varied significantly, ranging from 2.08% to 14.73%. This indicates fluctuations in the company's ability to generate profits from its core operations after accounting for operating expenses.
The pretax margin has also shown volatility, ranging from 1.16% to 11.84%, reflecting changes in the company's profitability before accounting for taxes.
The net profit margin has exhibited similar fluctuations, ranging from -2.58% to 8.07%, indicating variations in the company's bottom-line profitability after accounting for all expenses, including taxes.
Overall, while Viavi Solutions Inc has maintained a relatively stable gross profit margin, its operating, pretax, and net profit margins have displayed more variability, suggesting potential challenges in managing operating expenses and other costs that impact profitability.
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) | 1.20% | 2.20% | 2.59% | 2.70% | 4.45% | 6.19% | 8.83% | 10.65% | 10.12% | 9.04% | 8.16% | 7.27% | 7.25% | 7.93% | 6.58% | 7.05% | 6.65% | 5.77% | 5.45% | 4.94% |
| Return on assets (ROA) | -1.49% | -0.24% | 0.27% | 0.15% | 1.38% | 2.20% | 4.20% | 5.83% | 0.85% | 0.12% | 0.01% | -0.32% | 3.44% | 4.72% | 2.14% | 2.28% | 1.62% | 0.82% | 2.29% | 1.52% |
| Return on total capital | 2.94% | 4.40% | 4.72% | 4.83% | 6.65% | 17.63% | 12.11% | 27.28% | 6.86% | 10.79% | 9.89% | 8.85% | 19.05% | 17.82% | 15.40% | 17.02% | 16.96% | 16.84% | 14.18% | 13.29% |
| Return on equity (ROE) | -3.79% | -0.60% | 0.69% | 0.40% | 3.69% | 6.17% | 11.15% | 15.87% | 2.31% | 0.32% | 0.04% | -0.82% | 8.84% | 12.12% | 5.58% | 6.11% | 4.53% | 2.14% | 5.56% | 3.88% |
Viavi Solutions Inc's profitability ratios reflect fluctuating performance over the past few quarters. The Operating return on assets (Operating ROA) has shown a downward trend from 10.65% in September 2022 to 1.20% in June 2024, indicating a decrease in the company's ability to generate profits from its assets through core operations.
Return on assets (ROA) has also displayed inconsistency, with negative values seen in recent periods (-1.49% in June 2024), suggesting that Viavi Solutions Inc has struggled to generate profits relative to its total assets. The Return on total capital has shown variability, ranging from 4.40% in March 2024 to 27.28% in September 2022, demonstrating fluctuations in the company's efficiency in generating returns from its total capital employed.
The Return on equity (ROE) has also exhibited volatility, with negative values observed in some recent quarters (-3.79% in June 2024). This indicates that the company has faced challenges in delivering returns to its shareholders based on their equity investment.
Overall, the profitably ratios for Viavi Solutions Inc reflect a mixed performance, with fluctuations in profitability metrics over the analyzed period, suggesting a need for effective management strategies to enhance profitability and generate consistent returns for the company and its stakeholders.