Varex Imaging Corp (VREX)
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 | 32.23% | 31.85% | 32.36% | 32.31% | 32.45% | 31.41% | 31.78% | 32.19% | 32.78% | 33.09% | 33.35% | 33.03% | 32.99% | 32.36% | 27.28% | 26.31% | 25.76% | 28.15% | 31.50% | 32.44% |
| Operating profit margin | 4.03% | 5.41% | 7.05% | 7.77% | 8.62% | 8.48% | 8.53% | 9.95% | 10.20% | 10.48% | 10.85% | 9.70% | 9.00% | 4.66% | -2.51% | -4.55% | -4.56% | -0.60% | 3.36% | 5.02% |
| Pretax margin | 0.56% | 0.36% | 2.25% | 2.82% | 3.44% | 4.81% | 4.50% | 5.27% | 5.09% | 5.20% | 5.44% | 4.26% | 3.41% | -2.32% | -10.20% | -10.82% | -9.90% | -4.20% | 0.87% | 1.99% |
| Net profit margin | -5.98% | 4.07% | 4.89% | 5.07% | 5.39% | 3.22% | 3.19% | 3.65% | 3.50% | 3.01% | 3.47% | 2.98% | 2.11% | -2.38% | -8.18% | -8.90% | -7.84% | -3.04% | 0.44% | 1.41% |
Varex Imaging Corp's profitability ratios have shown fluctuations over the past few quarters.
1. Gross profit margin: The company's gross profit margin has ranged between 31.41% to 33.35% over the past two years, with a slight decrease in recent quarters, indicating some challenges in managing production and operating costs.
2. Operating profit margin: Varex Imaging Corp's operating profit margin has varied between 4.03% to 10.85% during the same period. The margins have shown a decreasing trend in the most recent quarters, which could suggest potential issues with operational efficiency.
3. Pretax margin: The pretax margin has ranged from -10.82% to 5.44% over the past two years. Although there was a significant improvement in the recent quarters, the negative margins in some periods indicate challenges that the company has faced in generating profits before taxes.
4. Net profit margin: The net profit margin has fluctuated between -8.90% to 5.39% in the past eight quarters. The company has shown improvements in profitability, but the negative margins in some periods indicate challenges in controlling costs and expenses to generate net income.
Overall, Varex Imaging Corp's profitability ratios suggest a level of inconsistency in profitability performance. Monitoring and addressing the factors impacting these ratios, such as cost control, operational efficiency, and revenue generation, will be crucial for improving the company's overall profitability in the future.
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) | 2.64% | 3.63% | 4.83% | 5.50% | 6.17% | 6.39% | 6.40% | 7.38% | 7.45% | 7.74% | 8.12% | 7.20% | 6.46% | 2.99% | -1.57% | -2.83% | -2.96% | -0.41% | 2.48% | 3.73% |
| Return on assets (ROA) | -3.92% | 2.73% | 3.35% | 3.59% | 3.86% | 2.43% | 2.39% | 2.71% | 2.56% | 2.23% | 2.60% | 2.21% | 1.52% | -1.52% | -5.12% | -5.54% | -5.08% | -2.09% | 0.32% | 1.05% |
| Return on total capital | 3.95% | 3.48% | 4.82% | 5.34% | 5.96% | 7.75% | 7.68% | 8.78% | 8.86% | 9.29% | 9.77% | 8.39% | 7.67% | 3.16% | -3.31% | -4.44% | -4.61% | -1.17% | 3.41% | 4.66% |
| Return on equity (ROE) | -8.91% | 5.88% | 7.27% | 7.84% | 8.49% | 5.53% | 5.48% | 6.25% | 5.68% | 5.03% | 5.93% | 5.11% | 3.60% | -3.75% | -12.76% | -13.99% | -12.82% | -5.01% | 0.78% | 2.50% |
Varex Imaging Corp's profitability ratios exhibited fluctuations over the past several quarters.
- The Operating Return on Assets (Operating ROA) showed a decreasing trend from 8.12% in Mar 2022 to 2.64% in Sep 2024, indicating a decline in the company's ability to generate profits from its assets for operations.
- Return on Assets (ROA) saw variations, hitting a low of -5.54% in Mar 2021, before recovering to 3.86% in Dec 2023. This ratio portrays the company's overall profitability relative to its total assets.
- Return on Total Capital fluctuated notably, with the highest level at 9.77% in Mar 2022 and the lowest at -4.44% in Mar 2020. This ratio highlights the company's profitability concerning all its capital sources.
- Return on Equity (ROE) also experienced fluctuations, dropping to -13.99% in Mar 2021 but rebounding to 8.49% in Dec 2023. ROE indicates the returns generated for shareholders based on their equity investments.
These ratios suggest that Varex Imaging Corp's profitability has been inconsistent, indicating the company may be experiencing challenges in efficiently utilizing its assets and capital to generate returns for both operational and equity stakeholders. Financial performance analysis and strategic measures may be required to enhance profitability in the future.