Amphenol Corporation (APH)

Operating return on assets (Operating ROA)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Operating income (ttm)	US$ in thousands	2,559,500	2,535,600	2,558,800	2,587,700	2,585,800	2,512,600	2,402,700	2,230,100	2,105,100	2,000,600	1,905,200	1,786,400	1,638,500	1,579,900	1,517,700	1,559,800	1,619,100	1,646,900	1,677,500	1,686,200
Total assets	US$ in thousands	16,526,400	15,759,000	15,237,900	15,381,500	15,326,200	15,097,900	14,986,100	14,873,600	14,678,400	14,926,100	14,559,100	13,133,500	12,327,300	11,753,900	11,203,900	12,077,700	10,815,500	10,683,600	10,634,000	10,208,100
Operating ROA		15.49%	16.09%	16.79%	16.82%	16.87%	16.64%	16.03%	14.99%	14.34%	13.40%	13.09%	13.60%	13.29%	13.44%	13.55%	12.91%	14.97%	15.42%	15.77%	16.52%

December 31, 2023 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $2,559,500K ÷ $16,526,400K
= 15.49%

Amphenol Corp.'s operating return on assets (operating ROA) has shown stability and consistency over the last eight quarters, ranging from 15.47% to 17.00%. The company's operating ROA peaked at 17.01% in Q4 2022 and has since displayed a slight decline but remained above 15.00%. This indicates that Amphenol has been able to effectively generate operating income relative to its total assets during the period. The trend suggests that the company has maintained operational efficiency and profitability, showcasing a solid performance in utilizing its assets to generate earnings. However, further analysis and comparison with industry peers may provide additional insights into Amphenol Corp.'s performance relative to its competitors.