AutoNation Inc (AN)
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 | 1,305,500 | 1,651,900 | 2,024,500 | 1,902,800 | 1,083,400 |
| Total assets | US$ in thousands | 13,001,700 | 11,980,000 | 10,059,700 | 8,943,600 | 9,887,200 |
| Operating ROA | 10.04% | 13.79% | 20.12% | 21.28% | 10.96% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,305,500K ÷ $13,001,700K
= 10.04%
AutoNation Inc's operating return on assets (Operating ROA) has shown fluctuations over the past five years. The metric increased from 10.96% as of December 31, 2020, to 21.28% by December 31, 2021, reflecting a significant improvement in the company's ability to generate operating income relative to its assets.
Although there was a slight decrease to 20.12% by December 31, 2022, AutoNation maintained a relatively strong performance compared to the base year. However, by December 31, 2023, the operating ROA decreased further to 13.79%, indicating a decline in the efficiency of utilizing assets to generate operating profit.
Subsequently, by December 31, 2024, AutoNation's operating ROA decreased even more significantly to 10.04%, reaching a level slightly above the base year. This decline may suggest challenges in effectively utilizing assets to generate operating income.
Overall, monitoring and analyzing AutoNation Inc's operating return on assets can provide valuable insights into the company's operational efficiency and financial performance over time.
Peer comparison
Dec 31, 2024