Advanced Energy Industries Inc (AEIS)
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 | 42,133 | 42,526 | 83,635 | 97,829 | 134,327 | 158,025 | 205,536 | 228,476 | 233,095 | 217,204 | 163,841 | 152,156 | 151,681 | 165,256 | 200,001 | 194,397 | 176,023 | 142,440 | 92,876 | 68,405 |
| Total assets | US$ in thousands | 2,261,890 | 2,192,860 | 2,541,860 | 2,524,090 | 2,556,760 | 2,493,690 | 1,949,910 | 2,008,700 | 1,992,170 | 1,974,060 | 1,878,070 | 1,832,360 | 1,817,340 | 1,832,060 | 1,776,230 | 1,699,250 | 1,648,640 | 1,642,520 | 1,594,250 | 1,522,550 |
| Operating ROA | 1.86% | 1.94% | 3.29% | 3.88% | 5.25% | 6.34% | 10.54% | 11.37% | 11.70% | 11.00% | 8.72% | 8.30% | 8.35% | 9.02% | 11.26% | 11.44% | 10.68% | 8.67% | 5.83% | 4.49% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $42,133K ÷ $2,261,890K
= 1.86%
The operating return on assets (ROA) of Advanced Energy Industries Inc has shown fluctuations over the observed periods. The metric started at 4.49% on March 31, 2020, increased to 11.44% by March 31, 2021, and then experienced some variability, peaking at 11.70% on December 31, 2022. However, the trend reversed in the subsequent periods, dropping to 1.86% by December 31, 2024.
In general, a higher operating ROA indicates that the company is generating more operating income per dollar of assets, which is considered favorable. Conversely, a declining trend in the operating ROA may signify inefficiencies in asset utilization or decreasing profitability.
It is important for Advanced Energy Industries Inc to closely monitor and analyze the factors influencing these fluctuations in operating ROA to sustain and improve their operational performance and asset utilization efficiency in the future.
Peer comparison
Dec 31, 2024