Autoliv Inc (ALV)

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 998,000 974,000 980,000 853,000 782,000 683,000 622,000 652,000 659,000 603,000 531,000 571,000 674,000 806,800 882,300 484,800 382,100 304,600 283,900 686,900
Total assets US$ in thousands 7,804,000 8,306,000 8,010,000 8,324,000 8,332,000 7,987,000 7,959,000 8,185,000 7,717,000 7,334,000 7,030,000 7,769,000 7,537,000 7,511,000 7,636,000 8,210,000 8,156,800 7,833,400 7,174,500 6,973,900
Operating ROA 12.79% 11.73% 12.23% 10.25% 9.39% 8.55% 7.82% 7.97% 8.54% 8.22% 7.55% 7.35% 8.94% 10.74% 11.55% 5.90% 4.68% 3.89% 3.96% 9.85%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $998,000K ÷ $7,804,000K
= 12.79%

Autoliv Inc's operating return on assets (operating ROA) has displayed fluctuations over the given period. The trend shows a gradual increase from 9.85% as of March 31, 2020, to a peak of 12.79% as of December 31, 2024. This demonstrates an improvement in the company's ability to generate operating profits relative to its total assets.

The operating ROA experienced some variability throughout the period, with peaks and valleys noted in the data. Notable increases can be observed in operating ROA from June 30, 2021, to December 31, 2024, indicating periods of improved operational efficiency and profitability. This also suggests that Autoliv Inc effectively utilized its assets to generate operating income during these quarters.

However, it is important to note that the operating ROA experienced a slight decline from the peak in December 2024 to March 31, 2023. This may indicate a temporary period of lower profitability or efficiency in utilizing assets for operating activities. Overall, the trend in operating ROA reflects fluctuations but generally shows improvement over the given period, highlighting Autoliv Inc's ability to generate operating income in relation to its asset base.