Astrana Health Inc (ASTH)
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 | 89,350 | 84,760 | 95,418 | 92,381 | 84,615 | 101,065 | 112,073 | 100,426 | 104,264 | 93,932 | 97,001 | 102,607 | 98,177 | 121,805 | 106,001 | 97,919 | 80,503 | 65,560 | 38,270 | 40,092 |
| Total assets | US$ in thousands | 1,354,890 | 1,285,380 | 1,252,470 | 1,226,280 | 933,361 | 1,073,260 | 1,027,180 | 992,628 | 989,915 | 943,406 | 951,064 | 912,331 | 852,363 | 871,294 | 894,430 | 843,280 | 817,486 | 814,273 | 833,217 | 724,415 |
| Operating ROA | 6.59% | 6.59% | 7.62% | 7.53% | 9.07% | 9.42% | 10.91% | 10.12% | 10.53% | 9.96% | 10.20% | 11.25% | 11.52% | 13.98% | 11.85% | 11.61% | 9.85% | 8.05% | 4.59% | 5.53% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $89,350K ÷ $1,354,890K
= 6.59%
The operating return on assets (operating ROA) for Astrana Health Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The operating ROA started at 5.53% in March 31, 2020, and experienced some volatility before increasing to 13.98% in September 30, 2021, marking a significant improvement in profitability.
Subsequently, the operating ROA stabilized around the range of 10%-12% for the next few quarters before showing a slight decline towards the end of the period. Despite some fluctuations, Astrana Health Inc generally maintained a healthy level of operating ROA throughout the analyzed period, indicating the company's efficiency in generating profits from its assets used in operations.
The declining trend towards the end of the period may suggest potential challenges or changes impacting the company's profitability, warranting further investigation to identify the underlying factors influencing the operating ROA.
Peer comparison
Dec 31, 2024