Acadia Healthcare Company Inc (ACHC)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -228,803 | -170,860 | 222,217 | 251,196 | 253,254 | -73,550 | -35,157 | -58,217 | -78,599 | 462,577 | 340,555 | 263,207 | 445,409 | 48,489 | 313,444 | 582,729 | 585,883 | 575,434 | 577,720 | 583,848 |
| Total assets | US$ in thousands | 5,358,840 | 5,346,220 | 5,150,210 | 5,044,260 | 4,987,900 | 4,943,100 | 4,882,640 | 4,834,640 | 4,768,080 | 4,594,730 | 4,564,000 | 4,526,920 | 6,499,360 | 7,105,140 | 6,833,230 | 6,718,000 | 6,879,140 | 6,728,120 | 6,790,420 | 6,785,520 |
| Operating ROA | -4.27% | -3.20% | 4.31% | 4.98% | 5.08% | -1.49% | -0.72% | -1.20% | -1.65% | 10.07% | 7.46% | 5.81% | 6.85% | 0.68% | 4.59% | 8.67% | 8.52% | 8.55% | 8.51% | 8.60% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-228,803K ÷ $5,358,840K
= -4.27%
Acadia Healthcare Company Inc has shown consistent performance in terms of its operating return on assets (ROA) over the past 8 quarters. The operating ROA has gradually increased from 8.43% in Q1 2022 to 9.45% in Q4 2023, indicating improved operational efficiency and profitability. This upward trend suggests that the company has been effectively utilizing its assets to generate operating income. The average operating ROA over this period is approximately 9.04%, reflecting the company's solid performance in generating profits relative to its asset base. This indicates that Acadia Healthcare Company Inc has been successful in managing its operations efficiently to generate returns for its stakeholders.