Alamo Group Inc (ALG)
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 | 164,808 | 175,165 | 184,839 | 195,922 | 197,967 | 195,886 | 181,973 | 168,497 | 148,592 | 133,742 | 127,945 | 120,619 | 116,938 | 104,796 | 105,676 | 94,747 | 93,165 | 95,678 | 89,210 | 95,898 |
| Total assets | US$ in thousands | 1,450,280 | 1,481,340 | 1,505,970 | 1,519,420 | 1,409,390 | 1,455,510 | 1,457,760 | 1,429,210 | 1,308,510 | 1,327,790 | 1,332,380 | 1,338,020 | 1,205,740 | 1,217,780 | 1,208,830 | 1,206,150 | 1,109,330 | 1,173,460 | 1,189,690 | 1,249,880 |
| Operating ROA | 11.36% | 11.82% | 12.27% | 12.89% | 14.05% | 13.46% | 12.48% | 11.79% | 11.36% | 10.07% | 9.60% | 9.01% | 9.70% | 8.61% | 8.74% | 7.86% | 8.40% | 8.15% | 7.50% | 7.67% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $164,808K ÷ $1,450,280K
= 11.36%
The operating return on assets (operating ROA) for Alamo Group Inc has shown a positive trend over the past few years, indicating the company's efficiency in generating profits from its assets.
Starting at 7.67% in March 2020, the operating ROA increased gradually, reaching 14.05% by December 2023. This demonstrates an improvement in the company's ability to utilize its assets to generate operating income.
However, there was a slight decline in the operating ROA in the following quarters, with a dip to 11.36% by December 2024. This decrease could be attributed to various factors such as changes in the company's operations, investments, or economic conditions.
Overall, the upward trajectory of Alamo Group Inc's operating ROA suggests that the company has been effectively managing its assets to generate operating profits, although there may be fluctuations in performance over time. Past performance is not indicative of future results, and it would be important to continue monitoring the operating ROA to evaluate the company's operational efficiency and financial performance.
Peer comparison
Dec 31, 2024