ADEIA CORP (ADEA)

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
Operating income (ttm)	US$ in thousands	136,230	146,206	121,731	138,729	153,060	136,784	158,629	155,369	119,028	381,671	325,221	276,041
Total assets	US$ in thousands	1,105,560	1,124,070	1,122,610	1,153,820	1,210,530	2,160,730	2,481,300	2,478,830	2,470,020	2,524,540	2,576,790	2,634,910	2,701,180	2,668,700	2,752,610
Operating ROA		12.32%	13.01%	10.84%	12.02%	12.64%	6.33%	6.39%	6.27%	4.82%	15.12%	12.62%	10.48%

December 31, 2023 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $136,230K ÷ $1,105,560K
= 12.32%

The operating return on assets (operating ROA) of ADEIA CORP has shown some volatility over the past few quarters. There was a significant increase in operating ROA from the third quarter of 2022 to the fourth quarter of 2022, reaching 12.64%. However, this was followed by a decrease in the first quarter of 2023 to 12.02%. The operating ROA remained relatively stable in the second and third quarters of 2023 at 10.84% and 13.01% respectively.

Overall, ADEIA CORP's operating ROA has generally been above 10% in recent quarters, indicating that the company is generating a positive return on its assets from operations. It is important to monitor future trends in operating ROA to assess the company's operational efficiency and profitability.