Vishay Intertechnology Inc (VSH)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 28.64% | 30.28% | 27.40% | 23.26% | 25.15% |
| Operating profit margin | 14.29% | 17.60% | 14.44% | 8.38% | 9.84% |
| Pretax margin | 13.69% | 16.92% | 13.38% | 6.29% | 8.45% |
| Net profit margin | 9.52% | 12.26% | 9.20% | 4.91% | 6.14% |
Based on the provided profitability ratios for Vishay Intertechnology, Inc., we can observe the following trends over the past five years:
1. Gross Profit Margin:
- The gross profit margin has fluctuated over the years, ranging from a low of 23.26% in 2020 to a high of 30.28% in 2022.
- In 2023, the gross profit margin decreased to 28.64% compared to the previous year.
- This ratio indicates the company's ability to generate profit from its core business operations after accounting for the cost of goods sold.
2. Operating Profit Margin:
- The operating profit margin has also varied over the years, with the highest margin recorded in 2022 at 17.60% and the lowest in 2020 at 8.41%.
- In 2023, the operating profit margin decreased to 14.29% compared to the previous year.
- This ratio reflects the company's efficiency in managing its operating expenses in relation to its revenue.
3. Pretax Margin:
- The pretax margin has shown fluctuations, with the highest margin of 16.97% in 2022 and the lowest of 6.33% in 2020.
- In 2023, the pretax margin declined to 13.74% compared to the previous year.
- This ratio indicates the company's profitability before accounting for taxes, reflecting its ability to generate earnings relative to its total revenue.
4. Net Profit Margin:
- The net profit margin has varied over the years, ranging from a low of 4.91% in 2020 to a high of 12.26% in 2022.
- In 2023, the net profit margin decreased to 9.52% compared to the previous year.
- This ratio reflects the company's bottom-line profitability after accounting for all expenses, including taxes.
In conclusion, while Vishay Intertechnology, Inc. has shown fluctuations in its profitability ratios over the past five years, it is important for the company to closely monitor and manage its margins to ensure sustained profitability and financial health.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 11.47% | 15.92% | 13.20% | 6.65% | 8.41% |
| Return on assets (ROA) | 7.64% | 11.09% | 8.41% | 3.90% | 5.25% |
| Return on total capital | 16.28% | 23.91% | 20.51% | 9.59% | 13.06% |
| Return on equity (ROE) | 14.75% | 20.96% | 17.09% | 7.80% | 11.04% |
Vishay Intertechnology, Inc.'s profitability ratios have displayed varying trends over the past five years.
1. Operating return on assets (Operating ROA) has fluctuated, with a notable increase in 2022 followed by a slight decrease in 2023. The company generated operating income of 11.47% on its assets in 2023.
2. Return on assets (ROA) has also fluctuated, with a similar pattern of increase in 2022 and decrease in 2023. The company achieved a 7.64% return on its total assets in 2023.
3. Return on total capital has followed a similar trend of increase in 2022 and decrease in 2023. In 2023, the company achieved a return of 16.13% on its total capital.
4. Return on equity (ROE) has shown a similar fluctuating trend, with a significant increase in 2022 followed by a decrease in 2023. The company generated a return of 14.75% on its equity in 2023.
Overall, while the profitability ratios of Vishay Intertechnology, Inc. have shown fluctuations, the company has generally maintained positive returns across the various metrics, indicating its ability to generate profits relative to its assets, capital, and equity.