Aptiv PLC (APTV)
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 | 1,842,000 | 1,718,000 | 1,661,000 | 1,630,000 | 1,559,000 | 1,644,000 | 1,668,000 | 1,355,000 | 1,263,000 | 1,083,000 | 828,000 | 1,016,000 | 1,189,000 | 1,375,000 | 1,524,000 | 928,000 | 2,118,000 | 1,996,000 | 1,952,000 | 2,598,000 |
| Total assets | US$ in thousands | 23,458,000 | 24,766,000 | 24,751,000 | 23,644,000 | 24,427,000 | 23,711,000 | 22,098,000 | 21,716,000 | 21,884,000 | 19,971,000 | 19,908,000 | 20,404,000 | 18,007,000 | 17,651,000 | 17,780,000 | 17,476,000 | 17,522,000 | 16,444,000 | 15,280,000 | 16,167,000 |
| Operating ROA | 7.85% | 6.94% | 6.71% | 6.89% | 6.38% | 6.93% | 7.55% | 6.24% | 5.77% | 5.42% | 4.16% | 4.98% | 6.60% | 7.79% | 8.57% | 5.31% | 12.09% | 12.14% | 12.77% | 16.07% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,842,000K ÷ $23,458,000K
= 7.85%
Operating Return on Assets (Operating ROA) is a key financial ratio that measures a company's efficiency in generating profits from its assets used in its core operations. In the case of Aptiv PLC, the trend in Operating ROA over the past few years has shown fluctuations.
As of December 31, 2024, Aptiv PLC's Operating ROA stands at 7.85%. This indicates that the company generated 7.85 cents of operating income for every dollar of assets employed in its operations. The gradual increase in Operating ROA from 5.31% in March 2021 to 7.85% in December 2024 suggests an improvement in the company's operational efficiency and asset utilization.
It is important to note, however, that the Operating ROA experienced some variability during the period under review. The ratio peaked at 16.07% on March 31, 2020, before fluctuating down to as low as 4.16% on June 30, 2022, and subsequently recovering.
Overall, the trend in Aptiv PLC's Operating ROA reflects the company's ability to generate profits from its operational assets, indicating a mix of efficiency and effectiveness in utilizing its resources to drive profitability. Tracking changes in Operating ROA over time provides valuable insights into the company's operational performance and efficiency in asset management.
Peer comparison
Dec 31, 2024