Asbury Automotive Group Inc (ABG)

Operating return on assets (Operating ROA)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Operating income (ttm)	US$ in thousands	970,800	972,900	1,004,900	1,056,800	1,070,700	1,131,500	1,180,400	1,228,200	1,272,500	1,206,000	1,093,400	976,300	791,800	690,200	608,300	472,100	370,800	315,400	278,500	282,200
Total assets	US$ in thousands	10,337,000	10,173,600	10,306,000	10,131,500	10,159,400	8,255,000	8,165,900	8,182,800	8,021,400	7,816,300	7,638,800	7,860,100	8,002,600	3,571,400	3,524,900	3,582,300	3,676,300	3,530,600	2,934,400	3,069,200
Operating ROA		9.39%	9.56%	9.75%	10.43%	10.54%	13.71%	14.46%	15.01%	15.86%	15.43%	14.31%	12.42%	9.89%	19.33%	17.26%	13.18%	10.09%	8.93%	9.49%	9.19%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $970,800K ÷ $10,337,000K
= 9.39%

Asbury Automotive Group Inc's operating return on assets (Operating ROA) has shown fluctuation over the analyzed period from March 31, 2020, to December 31, 2024. The trend started at 9.19% in March 2020, gradually increased to peak levels of 19.33% in September 2021. Subsequently, the Operating ROA declined, reaching a low of 9.39% in December 2024.

Overall, Asbury Automotive Group Inc's Operating ROA indicates the company's efficiency in generating operating income relative to its total assets. The varying percentages suggest changes in the company's operational performance and asset utilization efficiency over time.

Analyzing the Operating ROA trend can provide insights into the company's ability to generate profits from its assets and operational activities. It is essential for stakeholders to monitor these fluctuations to assess the company's operational efficiency and financial health continually.