Allegro Microsystems Inc (ALGM)

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 23, 2022	Sep 23, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021
Operating income (ttm)	US$ in thousands	9,293	46,020	114,868	196,244	243,451	272,393	259,316	203,307	170,452	140,429	119,145	136,650	125,849	66,020	39,868
Total assets	US$ in thousands	1,441,740	1,492,120	1,448,890	1,530,600	1,565,300	1,284,940	1,234,090	1,181,160	1,084,060	979,802	926,113	892,620	851,417	803,251	796,887
Operating ROA		0.64%	3.08%	7.93%	12.82%	15.55%	21.20%	21.01%	17.21%	15.72%	14.33%	12.87%	15.31%	14.78%	8.22%	5.00%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $9,293K ÷ $1,441,740K
= 0.64%

Allegro Microsystems Inc's operating return on assets (Operating ROA) has displayed fluctuations over the periods indicated. Starting at 5.00% on June 30, 2021, the ratio increased to 8.22% by September 30, 2021, indicating an improvement in the company's operating efficiency and profitability.

The trend continued to show positive performance, with Operating ROA reaching its peak at 21.20% on September 30, 2023. This significant increase suggests that Allegro Microsystems Inc was effectively generating profits from its assets during that period.

However, there was a noticeable decline in the ratio in the subsequent quarters. By December 31, 2024, the Operating ROA had decreased to 0.64%, indicating a decline in the company's ability to generate profits from its assets efficiently.

Overall, Allegro Microsystems Inc experienced fluctuations in its Operating ROA over the analyzed period, with both periods of growth and decline. It is essential for stakeholders to closely monitor this metric to assess the company's operational performance and efficiency in utilizing its assets effectively.