Analysis of Profitability Ratios
Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Super Micro Computer Inc., profitability ratios
Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Super Micro Computer Inc. gross profit margin ratio improved from 2021 to 2022 and from 2022 to 2023. |
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Super Micro Computer Inc. operating profit margin ratio improved from 2021 to 2022 and from 2022 to 2023. |
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Super Micro Computer Inc. net profit margin ratio improved from 2021 to 2022 and from 2022 to 2023. |
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Super Micro Computer Inc. ROE improved from 2021 to 2022 and from 2022 to 2023. |
| ROA | A profitability ratio calculated as net income divided by total assets. | Super Micro Computer Inc. ROA improved from 2021 to 2022 and from 2022 to 2023. |
Gross Profit Margin
Super Micro Computer Inc., gross profit margin calculation, comparison to benchmarks
| Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | Jun 30, 2018 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Gross profit | 1,283,012) | 800,001) | 534,538) | 526,210) | 495,522) | 429,994) | |
| Net sales | 7,123,482) | 5,196,099) | 3,557,422) | 3,339,281) | 3,500,360) | 3,360,492) | |
| Profitability Ratio | |||||||
| Gross profit margin1 | 18.01% | 15.40% | 15.03% | 15.76% | 14.16% | 12.80% | |
| Benchmarks | |||||||
| Gross Profit Margin, Competitors2 | |||||||
| Apple Inc. | 44.13% | 43.31% | 41.78% | 38.23% | 37.82% | 38.34% | |
| Arista Networks Inc. | 61.95% | 61.07% | 63.80% | 63.94% | 64.06% | — | |
| Cisco Systems Inc. | 62.73% | 62.55% | 64.02% | 64.26% | 62.94% | 62.04% | |
Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).
1 2023 Calculation
Gross profit margin = 100 × Gross profit ÷ Net sales
= 100 × 1,283,012 ÷ 7,123,482 = 18.01%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Super Micro Computer Inc. gross profit margin ratio improved from 2021 to 2022 and from 2022 to 2023. |
Operating Profit Margin
Super Micro Computer Inc., operating profit margin calculation, comparison to benchmarks
| Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | Jun 30, 2018 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Income from operations | 761,142) | 335,167) | 123,947) | 85,654) | 97,233) | 94,714) | |
| Net sales | 7,123,482) | 5,196,099) | 3,557,422) | 3,339,281) | 3,500,360) | 3,360,492) | |
| Profitability Ratio | |||||||
| Operating profit margin1 | 10.68% | 6.45% | 3.48% | 2.57% | 2.78% | 2.82% | |
| Benchmarks | |||||||
| Operating Profit Margin, Competitors2 | |||||||
| Apple Inc. | 29.82% | 30.29% | 29.78% | 24.15% | 24.57% | 26.69% | |
| Arista Networks Inc. | 38.52% | 34.86% | 31.37% | 30.19% | 33.42% | — | |
| Cisco Systems Inc. | 26.37% | 27.09% | 25.76% | 27.63% | 27.39% | 24.95% | |
| Operating Profit Margin, Sector | |||||||
| Technology Hardware & Equipment | 29.20% | 29.70% | 29.10% | 24.49% | 24.86% | — | |
| Operating Profit Margin, Industry | |||||||
| Information Technology | 26.32% | 28.47% | 28.76% | 24.95% | 25.42% | — | |
Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).
1 2023 Calculation
Operating profit margin = 100 × Income from operations ÷ Net sales
= 100 × 761,142 ÷ 7,123,482 = 10.68%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Super Micro Computer Inc. operating profit margin ratio improved from 2021 to 2022 and from 2022 to 2023. |
Net Profit Margin
Super Micro Computer Inc., net profit margin calculation, comparison to benchmarks
| Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | Jun 30, 2018 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Net income | 639,998) | 285,163) | 111,865) | 84,308) | 71,918) | 46,165) | |
| Net sales | 7,123,482) | 5,196,099) | 3,557,422) | 3,339,281) | 3,500,360) | 3,360,492) | |
| Profitability Ratio | |||||||
| Net profit margin1 | 8.98% | 5.49% | 3.14% | 2.52% | 2.05% | 1.37% | |
| Benchmarks | |||||||
| Net Profit Margin, Competitors2 | |||||||
| Apple Inc. | 25.31% | 25.31% | 25.88% | 20.91% | 21.24% | 22.41% | |
| Arista Networks Inc. | 35.62% | 30.87% | 28.52% | 27.38% | 35.67% | — | |
| Cisco Systems Inc. | 22.13% | 22.91% | 21.26% | 22.75% | 22.39% | 0.22% | |
| Net Profit Margin, Sector | |||||||
| Technology Hardware & Equipment | 24.78% | 24.87% | 25.16% | 21.05% | 21.32% | — | |
| Net Profit Margin, Industry | |||||||
| Information Technology | 22.13% | 24.07% | 25.56% | 21.38% | 22.17% | — | |
Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).
1 2023 Calculation
Net profit margin = 100 × Net income ÷ Net sales
= 100 × 639,998 ÷ 7,123,482 = 8.98%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Super Micro Computer Inc. net profit margin ratio improved from 2021 to 2022 and from 2022 to 2023. |
Return on Equity (ROE)
Super Micro Computer Inc., ROE calculation, comparison to benchmarks
| Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | Jun 30, 2018 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Net income | 639,998) | 285,163) | 111,865) | 84,308) | 71,918) | 46,165) | |
| Total Super Micro Computer, Inc. stockholders’ equity | 1,972,005) | 1,425,575) | 1,096,225) | 1,065,540) | 941,015) | 843,495) | |
| Profitability Ratio | |||||||
| ROE1 | 32.45% | 20.00% | 10.20% | 7.91% | 7.64% | 5.47% | |
| Benchmarks | |||||||
| ROE, Competitors2 | |||||||
| Apple Inc. | 156.08% | 196.96% | 150.07% | 87.87% | 61.06% | 55.56% | |
| Arista Networks Inc. | 28.91% | 27.68% | 21.13% | 19.11% | 29.71% | — | |
| Cisco Systems Inc. | 28.44% | 29.70% | 25.66% | 29.57% | 34.62% | 0.25% | |
| ROE, Sector | |||||||
| Technology Hardware & Equipment | 97.10% | 117.05% | 97.06% | 64.42% | 53.02% | — | |
| ROE, Industry | |||||||
| Information Technology | 31.93% | 38.69% | 42.56% | 35.29% | 36.68% | — | |
Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).
1 2023 Calculation
ROE = 100 × Net income ÷ Total Super Micro Computer, Inc. stockholders’ equity
= 100 × 639,998 ÷ 1,972,005 = 32.45%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Super Micro Computer Inc. ROE improved from 2021 to 2022 and from 2022 to 2023. |
Return on Assets (ROA)
Super Micro Computer Inc., ROA calculation, comparison to benchmarks
| Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | Jun 30, 2018 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Net income | 639,998) | 285,163) | 111,865) | 84,308) | 71,918) | 46,165) | |
| Total assets | 3,674,729) | 3,205,077) | 2,241,964) | 1,918,646) | 1,682,594) | 1,769,505) | |
| Profitability Ratio | |||||||
| ROA1 | 17.42% | 8.90% | 4.99% | 4.39% | 4.27% | 2.61% | |
| Benchmarks | |||||||
| ROA, Competitors2 | |||||||
| Apple Inc. | 27.51% | 28.29% | 26.97% | 17.73% | 16.32% | 16.28% | |
| Arista Networks Inc. | 20.98% | 19.96% | 14.66% | 13.39% | 20.54% | — | |
| Cisco Systems Inc. | 12.38% | 12.57% | 10.86% | 11.82% | 11.88% | 0.10% | |
| ROA, Sector | |||||||
| Technology Hardware & Equipment | 24.00% | 24.80% | 23.27% | 16.30% | 15.34% | — | |
| ROA, Industry | |||||||
| Information Technology | 13.10% | 15.14% | 15.65% | 12.15% | 12.80% | — | |
Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).
1 2023 Calculation
ROA = 100 × Net income ÷ Total assets
= 100 × 639,998 ÷ 3,674,729 = 17.42%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROA | A profitability ratio calculated as net income divided by total assets. | Super Micro Computer Inc. ROA improved from 2021 to 2022 and from 2022 to 2023. |