Ametek Inc (AME)
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 | 1,779,562 | 1,755,573 | 1,747,857 | 1,719,134 | 1,707,459 | 1,660,557 | 1,606,942 | 1,552,993 | 1,500,692 | 1,463,753 | 1,416,796 | 1,368,565 | 1,308,670 | 1,245,632 | 1,178,810 | 1,089,189 | 1,027,884 | 1,027,426 | 1,057,741 | 1,126,161 |
| Total assets | US$ in thousands | 14,631,200 | 14,767,600 | 14,795,900 | 14,865,000 | 15,023,500 | 13,093,400 | 12,839,900 | 12,616,000 | 12,431,100 | 12,038,900 | 11,985,000 | 11,972,000 | 11,898,200 | 11,679,700 | 11,755,300 | 10,579,900 | 10,357,500 | 10,433,400 | 10,311,200 | 10,601,900 |
| Operating ROA | 12.16% | 11.89% | 11.81% | 11.56% | 11.37% | 12.68% | 12.52% | 12.31% | 12.07% | 12.16% | 11.82% | 11.43% | 11.00% | 10.66% | 10.03% | 10.29% | 9.92% | 9.85% | 10.26% | 10.62% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,779,562K ÷ $14,631,200K
= 12.16%
Ametek Inc's operating return on assets (operating ROA) has shown a generally positive trend over the period from March 31, 2020, to December 31, 2024. The operating ROA started at 10.62% in March 2020 and experienced fluctuations, reaching its lowest point of 9.85% in September 2020. However, the operating ROA gradually increased over time, with intermittent fluctuations, reaching its peak of 12.68% in September 30, 2023.
After September 2023, there was a slight decline in the operating ROA to 11.37% by December 31, 2023. However, the trend reversed in the following periods, showing an increasing pattern once again. By December 31, 2024, the operating ROA had improved to 12.16%.
This positive trend in operating ROA indicates that Ametek Inc has been generating higher operating profits relative to its total assets, which is a favorable indicator of operational efficiency and profitability. It suggests that the company is effectively utilizing its assets to generate revenue and income.
Peer comparison
Dec 31, 2024