NCR Voyix Corporation (VYX)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 27.62% | 82.12% | 80.13% | 24.55% | 27.78% |
| Operating profit margin | 1.06% | 1.80% | 6.62% | 3.56% | 8.84% |
| Pretax margin | -6.29% | 2.75% | 3.95% | -2.13% | 4.21% |
| Net profit margin | -12.14% | 0.79% | 1.36% | -1.27% | 8.16% |
The profitability ratios of NCR Voyix Corporation over the past five years show significant fluctuations in performance. The gross profit margin has fluctuated, with a sharp decline in 2023 compared to the high levels in 2022 and 2021. This may indicate challenges in managing production costs and pricing strategies.
The operating profit margin has also varied, with a notable decrease in 2023 compared to the previous years. This suggests that the company's operational efficiency and cost management may have deteriorated.
The pretax margin followed a similar trend, showing inconsistency in profitability before tax deductions. The negative pretax margin in 2023 indicates financial challenges that may have impacted the company's overall performance.
The net profit margin, reflecting the company's bottom-line profitability, has been volatile as well. The significant drop in 2023 to a negative net profit margin highlights the financial difficulties faced by NCR Voyix Corporation, potentially leading to loss-making operations.
Overall, the profitability ratios of NCR Voyix Corporation demonstrate fluctuating performance and financial challenges, pointing towards the need for improved cost management, operational efficiency, and strategic planning to enhance overall profitability and sustainability in the future.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 0.74% | 1.18% | 4.07% | 2.63% | 6.80% |
| Return on assets (ROA) | -8.48% | 0.52% | 0.83% | -0.94% | 6.28% |
| Return on total capital | 2.90% | 7.01% | 7.71% | 1.99% | 11.14% |
| Return on equity (ROE) | -1,692.00% | 4.05% | 7.72% | -7.54% | 51.09% |
The profitability ratios of NCR Voyix Corporation show varying levels of performance over the past five years.
The Operating Return on Assets (Operating ROA) has been on a downward trend from 6.80% in 2019 to 0.74% in 2023. This indicates that the company's ability to generate operating profit from its assets has declined significantly.
Return on Assets (ROA) also shows inconsistency, with negative values in 2020 and 2023. This suggests that the company has struggled to generate profits from its total assets, with overall performance being impacted by the negative results in those years.
Return on Total Capital has fluctuated over the years, with a peak of 11.14% in 2019 and a low of 1.99% in 2020. The trend shows some level of instability in the company's ability to generate returns on its total invested capital.
Return on Equity (ROE) is highly volatile, with a significant negative value of -1,692.00% in 2023. This indicates that the company's profitability relative to its shareholders' equity has been severely impacted. The fluctuating values over the years signify inconsistency in the company's ability to generate returns for its equity holders.
Overall, the profitability ratios of NCR Voyix Corporation highlight the challenges faced by the company in generating consistent profits and returns for its assets, total capital, and equity holders. Further analysis and investigation into the factors driving these fluctuations would be beneficial to understand the underlying reasons for the performance trends observed.