ViaSat Inc (VSAT)
Profitability ratios
Return on sales
| Mar 31, 2025 | Dec 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 31.50% | 30.04% | 30.00% | 31.75% | 31.64% | 32.35% | 31.19% | 28.88% | 28.52% | 29.26% | 30.39% | 29.72% | 30.40% | 31.29% | 31.67% | 31.70% | 30.66% | 30.06% | 29.88% | 30.05% |
| Operating profit margin | -2.16% | 1.25% | -0.19% | -17.03% | -20.77% | -25.34% | -28.60% | -5.24% | -4.90% | -2.90% | -1.53% | -1.25% | 0.30% | 2.17% | 2.97% | 3.34% | 2.58% | 1.92% | 1.56% | 1.79% |
| Pretax margin | -12.07% | -8.97% | -8.83% | -24.60% | -27.87% | -30.56% | -31.43% | -6.63% | -5.13% | -3.73% | -2.22% | -2.23% | -0.59% | 1.47% | 2.13% | 2.29% | 1.15% | 0.35% | -0.05% | 0.22% |
| Net profit margin | -12.19% | -8.71% | -7.95% | -21.89% | -24.70% | -27.03% | -28.52% | -9.19% | -7.43% | -5.96% | -4.42% | -1.64% | -0.29% | 0.78% | 1.35% | 1.38% | 0.16% | -0.09% | -0.10% | -0.05% |
The profitability ratios of ViaSat Inc have exhibited varying trends over the past few years. The gross profit margin, which measures the proportion of revenue remaining after deducting the cost of goods sold, has fluctuated between 28.52% and 42.22% during the period. There was an increase in the gross profit margin from March 31, 2022, to March 31, 2025, indicating improved efficiency in generating profits from sales.
The operating profit margin, showing the percentage of revenue that translates into operating profit, showed a downward trend from June 30, 2021, to September 30, 2024, before recovering slightly by March 31, 2025. This suggests a challenge in controlling operating expenses and generating profits in the mid-years of the period under review.
The pretax margin, reflecting the company's ability to generate profit before taxes, experienced a continuous decline from June 30, 2021, to March 31, 2025. This indicates challenges in sustaining profits before tax expenses, possibly due to a combination of factors impacting the company's operations and financial performance.
The net profit margin, which indicates how much of each dollar collected by a company as revenue translates into profit, also declined steadily from June 30, 2021, to March 31, 2025. This reduction suggests that ViaSat Inc faced challenges in improving its operational efficiency and controlling costs during this period.
Overall, the analysis of the profitability ratios indicates mixed performance for ViaSat Inc, with improvements in gross profit margin but challenges in maintaining operating, pre-tax, and net profit margins over the specified period.
Return on investment
| Mar 31, 2025 | Dec 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | — | 0.36% | -0.05% | -4.90% | -5.45% | -5.78% | -5.57% | -0.81% | -1.68% | -1.15% | -0.65% | -0.54% | 0.13% | 0.96% | 1.26% | 1.33% | 1.09% | 0.82% | 0.68% | 0.84% |
| Return on assets (ROA) | — | -2.53% | -2.03% | -6.30% | -6.48% | -6.17% | -5.55% | -1.41% | -2.55% | -2.35% | -1.87% | -0.71% | -0.12% | 0.35% | 0.57% | 0.55% | 0.07% | -0.04% | -0.05% | -0.02% |
| Return on total capital | — | -0.24% | 0.67% | -14.62% | -16.26% | -17.21% | -17.07% | -1.78% | -3.90% | -4.23% | -2.84% | -4.40% | -1.16% | 0.74% | 1.38% | 3.22% | 2.50% | 1.89% | 1.58% | 2.03% |
| Return on equity (ROE) | — | -8.28% | -7.29% | -20.16% | -21.05% | -20.13% | -18.26% | -4.26% | -5.15% | -6.18% | -4.70% | -1.73% | -0.30% | 0.80% | 1.30% | 1.26% | 0.16% | -0.09% | -0.10% | -0.05% |
Based on the provided data, the profitability ratios of ViaSat Inc display fluctuating trends over the reporting periods.
1. Operating Return on Assets (Operating ROA): The Operating ROA has shown variation, starting at 0.84% in June 2020, increasing to a peak of 1.33% in June 2021, but then declining significantly to -5.78% by December 2023 and recovering slightly to 0.36% in December 2024. This indicates that the company's operating performance in generating profits from its assets fluctuated over time.
2. Return on Assets (ROA): The ROA also experienced fluctuations, ranging from -0.02% in June 2020 to a peak of 0.55% in June 2021, before decreasing to -2.53% by December 2024. This metric reflects the company's ability to generate profits relative to its total assets and suggests some challenges in asset utilization and profitability during certain periods.
3. Return on Total Capital: The Return on Total Capital varied significantly, from positive values of 3.22% in June 2021 to negative figures reaching -17.21% by December 2023. This ratio indicates the efficiency of the company in generating returns from its total invested capital, showing significant fluctuations and challenges in capital utilization over time.
4. Return on Equity (ROE): The ROE also demonstrated fluctuating patterns, ranging from -0.05% in June 2020 to a peak of 1.30% in September 2021, before declining to -8.28% by December 2024. This ratio reflects the company's ability to generate returns for its shareholders from the equity invested, showing varying levels of profitability and shareholder value creation over the reporting periods.
In summary, the profitability ratios of ViaSat Inc reflect varying levels of performance in generating profits from assets, total capital, and equity, showcasing fluctuations in operational efficiency and profitability over the analyzed periods.