Vicor Corporation (VICR)
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 | 49.51% | 49.18% | 47.59% | 46.09% | 44.96% | 23.15% | 23.16% | 23.80% | 24.77% | 50.24% | 48.50% | 46.14% | 44.23% | 43.75% | 44.82% | 45.63% | 46.68% | 46.38% | 47.35% | 47.94% |
| Operating profit margin | 12.41% | 12.40% | 9.49% | 7.99% | 6.77% | 3.76% | 5.09% | 6.35% | 7.73% | 16.47% | 15.10% | 10.68% | 5.84% | 2.41% | 2.46% | 2.66% | 5.25% | 7.28% | 9.58% | 11.27% |
| Pretax margin | 14.55% | 14.17% | 10.68% | 8.79% | 7.15% | 3.75% | 5.21% | 6.51% | 7.89% | 16.86% | 15.48% | 11.04% | 6.21% | 2.81% | 2.80% | 3.04% | 5.65% | 7.61% | 9.93% | 11.47% |
| Net profit margin | 12.95% | 12.61% | 9.19% | 7.71% | 6.34% | 3.53% | 5.20% | 6.47% | 7.87% | 16.65% | 14.82% | 10.77% | 6.03% | 2.91% | 3.05% | 3.09% | 5.35% | 7.19% | 9.53% | 10.99% |
Vicor Corp.'s profitability ratios show a generally positive trend over the past quarters. The gross profit margin has been steadily increasing, reaching a high of 50.59% in Q4 2023, indicating effective cost management and pricing strategies.
The operating profit margin has also been on the rise, reflecting efficient operational management and better control over operating expenses. The company's ability to generate profits from its core business activities has improved consistently.
The pretax margin and net profit margin have followed a similar trend, both showing increases over the past quarters. This indicates that Vicor Corp. has been able to improve its profitability at both the operating and net income levels, suggesting effective tax management and overall financial performance.
Overall, the improving trend in all profitability ratios suggests that Vicor Corp. is managing its operations effectively and generating healthy profits relative to its revenue. It demonstrates the company's ability to maintain and enhance its profitability over time. Investors may view this trend positively as it indicates sustainable financial health and potential for growth.
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) | 8.63% | 8.92% | 7.03% | 6.04% | 5.07% | 5.31% | 7.20% | 9.33% | 11.65% | 12.71% | 11.75% | 8.25% | 4.38% | 1.75% | 1.77% | 2.82% | 5.74% | 8.38% | 11.68% | 14.61% |
| Return on assets (ROA) | 9.01% | 9.07% | 6.81% | 5.82% | 4.74% | 4.98% | 7.35% | 9.51% | 11.87% | 12.85% | 11.53% | 8.32% | 4.52% | 2.11% | 2.19% | 3.27% | 5.86% | 8.28% | 11.61% | 14.25% |
| Return on total capital | 9.50% | 9.86% | 7.87% | 6.84% | 5.86% | 6.18% | 8.31% | 10.57% | 13.13% | 14.17% | 13.36% | 9.31% | 4.95% | 1.97% | 2.02% | 3.37% | 6.72% | 9.86% | 13.89% | 17.28% |
| Return on equity (ROE) | 9.91% | 10.03% | 7.63% | 6.60% | 5.48% | 5.80% | 8.48% | 10.77% | 13.37% | 14.33% | 13.11% | 9.38% | 5.11% | 2.38% | 2.51% | 3.91% | 6.86% | 9.74% | 13.81% | 16.86% |
Vicor Corp.'s profitability ratios have shown a positive trend over the quarters.
- Operating return on assets (Operating ROA) has improved consistently from 6.28% in Q4 2022 to 8.63% in Q4 2023, indicating the company's ability to generate operating income from its assets has been steadily increasing.
- Return on assets (ROA) has also shown a similar upward trajectory, rising from 4.74% in Q4 2022 to 9.01% in Q4 2023. This suggests that Vicor Corp. has been more efficient in generating profit from its total assets over the quarters.
- Return on total capital has followed a similar positive trend, increasing from 7.26% in Q4 2022 to 9.50% in Q4 2023. This demonstrates the company's ability to generate profit in relation to the total capital employed in its operations.
- Return on equity (ROE) has also shown improvement, rising from 5.48% in Q4 2022 to 9.91% in Q4 2023. This indicates the company's ability to generate profit from the shareholders' equity invested in the business has been strengthening.
Overall, the increasing profitability ratios reflect a positive performance trajectory for Vicor Corp., with the company demonstrating enhanced efficiency and profitability in utilizing its assets, capital, and equity over the quarters.