Addus HomeCare Corporation (ADUS)
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 | 102,691 | 103,749 | 100,635 | 95,993 | 90,956 | 83,800 | 78,477 | 73,832 | 68,737 | 67,281 | 67,125 | 67,279 | 65,936 | 58,294 | 53,457 | 46,016 | 44,507 | 47,321 | 42,133 | 39,917 |
| Total assets | US$ in thousands | 1,412,630 | 1,152,900 | 1,116,550 | 1,014,000 | 1,024,430 | 1,035,730 | 928,384 | 931,083 | 937,994 | 945,933 | 964,528 | 987,211 | 947,585 | 924,915 | 889,160 | 877,577 | 892,582 | 695,431 | 660,921 | 644,819 |
| Operating ROA | 7.27% | 9.00% | 9.01% | 9.47% | 8.88% | 8.09% | 8.45% | 7.93% | 7.33% | 7.11% | 6.96% | 6.82% | 6.96% | 6.30% | 6.01% | 5.24% | 4.99% | 6.80% | 6.37% | 6.19% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $102,691K ÷ $1,412,630K
= 7.27%
The operating return on assets (Operating ROA) of Addus HomeCare Corporation has shown a generally increasing trend from March 31, 2020, to December 31, 2024. The Operating ROA started at 6.19% in March 2020 and fluctuated slightly over the following periods, reaching its peak of 9.47% in March 31, 2024. However, there was a decrease in the Operating ROA in June 2024, dropping to 9.01% and further declining to 7.27% by the end of December 2024.
Overall, the company's Operating ROA performance demonstrates a positive trajectory, reflecting effective management of assets to generate operating profits. Investors and stakeholders may view this trend favorably as it indicates the company's ability to derive higher earnings from its operational assets over time. However, the decrease in Operating ROA towards the end of 2024 may warrant further analysis to understand the drivers behind this decline and its potential impact on the company's financial performance in the future.
Peer comparison
Dec 31, 2024