Ametek Inc (AME)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,779,560 | 1,707,460 | 1,500,690 | 1,308,670 | 1,027,880 |
| Total assets | US$ in thousands | 14,631,200 | 15,023,500 | 12,431,100 | 11,898,200 | 10,357,500 |
| Operating ROA | 12.16% | 11.37% | 12.07% | 11.00% | 9.92% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,779,560K ÷ $14,631,200K
= 12.16%
Operating ROA for Ametek Inc has shown a positive trend over the past five years, starting at 9.92% on December 31, 2020, and increasing to 12.16% by December 31, 2024. This indicates that the company is generating more operating income for each dollar of assets employed in its operations. The consistent improvement in operating ROA suggests that Ametek Inc is effectively utilizing its assets to generate operating profits. This performance is favorable as it demonstrates operational efficiency and effectiveness in managing company resources to drive profitability over the years.
Peer comparison
Dec 31, 2024