Xencor Inc (XNCR)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 66.04% | 67.60% | 84.66% | 73.70% | 83.74% |
| Operating profit margin | -74.17% | -48.68% | 14.87% | -58.73% | 8.12% |
| Pretax margin | -64.35% | -32.17% | 28.08% | -53.02% | 15.96% |
| Net profit margin | -67.45% | -32.57% | 28.08% | -53.02% | 15.78% |
Xencor Inc's profitability ratios show a mixed performance over the five-year period from 2019 to 2023. The company has maintained a consistent gross profit margin of 100% during this period, indicating its ability to efficiently control the cost of goods sold.
However, the operating profit margin has been volatile, with significant fluctuations year over year. In 2023, the operating profit margin was -82.36%, reflecting a substantial operating loss. This suggests that the company's operating expenses were high relative to its revenue. The negative operating profit margins in 2020 and 2019 indicate operational inefficiencies and challenges in controlling costs.
The pretax margin also shows inconsistency, with negative margins in 2023, 2020, and 2019. This indicates that the company's operating expenses and interest expenses have been consuming a significant portion of its revenue.
The net profit margin, a key indicator of overall profitability, has also been negative in 2023, 2020, and 2019. This suggests that after accounting for operating expenses, interest, and taxes, the company has been incurring losses or generating minimal profit.
In conclusion, while Xencor Inc has shown stability in its gross profit margin, the company has struggled with profitability at the operating, pretax, and net profit level over the five-year period. The negative margins in several years indicate potential financial challenges and the need for operational improvements to enhance profitability.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -14.55% | -9.75% | 5.22% | -10.92% | 2.06% |
| Return on assets (ROA) | -13.23% | -6.52% | 9.86% | -9.86% | 4.01% |
| Return on total capital | -20.29% | -11.34% | 5.97% | -13.42% | 2.33% |
| Return on equity (ROE) | -18.85% | -7.59% | 11.27% | -12.11% | 4.53% |
Xencor Inc's profitability ratios have shown fluctuating trends over the past five years. The operating return on assets (Operating ROA) has been negative in all years, ranging from -14.55% to 5.22%. This indicates that the company's core operations have not been effectively generating profits relative to its assets.
Similarly, the return on assets (ROA) has also been negative, varying from -13.23% to 9.86%, reflecting the company's overall ability to generate profit from its assets. The return on total capital has also experienced negative values, ranging from -20.10% to 5.97%, indicating that the company has been struggling to earn an adequate return on the total capital employed in its operations.
The return on equity (ROE) has shown more volatility, with negative values ranging from -18.85% to 11.27%. This indicates that the company's ability to generate profit for its shareholders has been inconsistent over the years.
Overall, Xencor Inc's profitability ratios suggest that the company has faced challenges in effectively utilizing its assets and capital to generate profits, which has reflected in its negative returns.