Albany International Corporation (AIN)
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 | 133,462 | 150,992 | 165,891 | 166,384 | 167,949 | 164,022 | 177,596 | 182,810 | 181,022 | 184,853 | 175,695 | 174,946 | 178,010 | 171,256 | 165,543 | 168,304 | 166,080 | 174,674 | 191,579 | 193,077 |
| Total assets | US$ in thousands | 1,648,700 | 1,753,200 | 1,751,820 | 1,798,180 | 1,835,010 | 1,790,250 | 1,707,150 | 1,695,760 | 1,642,260 | 1,571,850 | 1,613,060 | 1,580,060 | 1,556,060 | 1,540,240 | 1,526,640 | 1,512,170 | 1,549,940 | 1,490,690 | 1,461,960 | 1,483,630 |
| Operating ROA | 8.09% | 8.61% | 9.47% | 9.25% | 9.15% | 9.16% | 10.40% | 10.78% | 11.02% | 11.76% | 10.89% | 11.07% | 11.44% | 11.12% | 10.84% | 11.13% | 10.72% | 11.72% | 13.10% | 13.01% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $133,462K ÷ $1,648,700K
= 8.09%
Albany International Corporation's operating return on assets (operating ROA) has shown a gradual decline over the past several quarters, starting at 13.01% on March 31, 2020, and decreasing to 8.09% by December 31, 2024. The operating ROA peaked at 13.10% on June 30, 2020.
The trend indicates that the company's operating efficiency in generating profits from its assets has been decreasing over time. A lower operating ROA can be a concerning sign, suggesting potential operational inefficiencies or declining profitability relative to the assets employed.
It is crucial for Albany International Corporation to closely monitor and address the factors contributing to this decline in operating ROA to ensure sustainable profitability and efficient asset utilization in the future. Further analysis of the company's operational performance and strategic initiatives may be necessary to improve its operating ROA and overall financial health.