The Andersons Inc (ANDE)
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 | 82,950 | 117,643 | 87,303 | 136,856 | 70,014 | -1,639 | 12,792 | 19,864 | 90,518 | 3,882,482 | 3,837,916 | 3,778,902 | 3,783,354 | 2,508,954 | 2,504,610 | 2,457,772 | 2,423,316 | 48,375 | 78,382 | 147,262 |
| Total assets | US$ in thousands | 4,121,310 | 3,388,300 | 3,299,810 | 3,261,070 | 3,855,010 | 3,588,100 | 3,570,050 | 4,102,040 | 4,608,000 | 4,418,620 | 4,737,180 | 5,142,940 | 4,569,220 | 3,708,140 | 4,049,090 | 4,266,740 | 4,272,120 | 3,411,610 | 3,303,990 | 3,752,690 |
| Operating ROA | 2.01% | 3.47% | 2.65% | 4.20% | 1.82% | -0.05% | 0.36% | 0.48% | 1.96% | 87.87% | 81.02% | 73.48% | 82.80% | 67.66% | 61.86% | 57.60% | 56.72% | 1.42% | 2.37% | 3.92% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $82,950K ÷ $4,121,310K
= 2.01%
The operating return on assets (operating ROA) of The Andersons Inc fluctuated over the period under review. The ratio started at a modest 3.92% as of March 31, 2020, declined to 1.42% by September 30, 2020, but then experienced a significant jump to 56.72% by the end of December 31, 2020. This impressive performance continued into the following quarters, with a steady increase to 87.87% by September 30, 2022.
However, the operating ROA dropped sharply to 1.96% by the end of December 31, 2022, and subsequently exhibited erratic fluctuations, with negative returns recorded by September 30, 2023. The ratio recovered slightly to 4.20% by March 31, 2024, before moderating to 2.01% by the end of December 31, 2024.
Overall, the varying trend in The Andersons Inc's operating ROA reflects the company's changing operational efficiency and effectiveness in generating profits from its assets over the specified period.
Peer comparison
Dec 31, 2024