Artivion Inc (AORT)
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 | 40,627 | 41,130 | 35,499 | 34,914 | 5,742 | 5,791 | 2,929 | -3,945 | 1,552 | -11,008 | 7,785 | 8,307 | 8,117 | 19,370 | 8,317 | 5,074 | 2,441 | 4,158 | 5,228 | 13,650 |
| Total assets | US$ in thousands | 789,101 | 803,144 | 789,539 | 784,007 | 792,397 | 774,787 | 777,861 | 757,073 | 762,798 | 742,731 | 764,864 | 781,856 | 793,052 | 818,654 | 810,497 | 794,832 | 789,404 | 782,200 | 693,254 | 621,033 |
| Operating ROA | 5.15% | 5.12% | 4.50% | 4.45% | 0.72% | 0.75% | 0.38% | -0.52% | 0.20% | -1.48% | 1.02% | 1.06% | 1.02% | 2.37% | 1.03% | 0.64% | 0.31% | 0.53% | 0.75% | 2.20% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $40,627K ÷ $789,101K
= 5.15%
Artivion Inc's operating return on assets (ROA) has shown fluctuations over the quarters from March 31, 2020, to December 31, 2024. The trend started with a relatively high operating ROA of 2.20% in March 2020 but declined significantly to 0.31% by December 2020. Subsequently, there was a slight increase in operating ROA in March 2021 to 0.64%, followed by a further increase to 2.37% in September 2021 before dropping to 1.02% at the end of June 2022.
The operating ROA exhibited more volatility in the following quarters, fluctuating between positive and negative values. Despite this volatility, there was an upward trend starting from March 31, 2023, when the ROA was -0.52%, reaching a high of 5.15% by December 31, 2024.
Overall, Artivion Inc's operating ROA has demonstrated a mix of positive and negative performance over the quarters, with periods of both growth and decline. The recent increase in the operating ROA suggests an improvement in the company's ability to generate operating profits from its assets. Continued monitoring of this ratio will be important to assess the company's operational efficiency and asset utilization.
Peer comparison
Dec 31, 2024