Analysis of Profitability Ratios in Assessing the Corporate Performance of PT Indofood Sukses Makmur, Tbk Listed on the Indonesia Stock Exchange
Keywords:
Profitability; ROA; ROE; NPM; GPMAbstract
This study evaluates the financial performance of PT Indofood Sukses Makmur Tbk through profitability ratio analysis, including Return on Assets (ROA), Return on Equity (ROE), Net Profit Margin (NPM), and Gross Profit Margin (GPM) for the 2019–2023 period. Secondary data were obtained from the company’s annual reports published by the Indonesia Stock Exchange (IDX). The research method employed is descriptive quantitative analysis using ratio trend analysis and year-to-year comparison. The results indicate fluctuations in profitability; however, overall, PT Indofood Sukses Makmur has maintained competitive profitability ratios within the consumer goods industry. These findings provide important implications for investors and company management in evaluating the effectiveness of profit management and the utilization of financial resources.
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