Allegheny Technologies Incorporated (ATI)
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 | 604,800 | 504,200 | 487,200 | 469,000 | 466,400 | 495,600 | 420,400 | 288,500 | 252,900 | 182,600 | 162,500 | 162,800 | 117,600 | -1,037,700 | -1,077,200 | -1,339,300 | -1,302,700 | -116,100 | -12,000 | 371,400 |
| Total assets | US$ in thousands | 5,230,600 | 5,065,800 | 4,921,400 | 4,782,100 | 4,985,100 | 4,731,100 | 4,434,700 | 4,287,300 | 4,445,600 | 4,287,800 | 4,229,400 | 4,236,100 | 4,285,200 | 4,626,500 | 3,974,000 | 4,068,500 | 4,034,900 | 5,063,900 | 5,169,400 | 5,807,100 |
| Operating ROA | 11.56% | 9.95% | 9.90% | 9.81% | 9.36% | 10.48% | 9.48% | 6.73% | 5.69% | 4.26% | 3.84% | 3.84% | 2.74% | -22.43% | -27.11% | -32.92% | -32.29% | -2.29% | -0.23% | 6.40% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $604,800K ÷ $5,230,600K
= 11.56%
Allegheny Technologies Incorporated's operating return on assets (operating ROA) has shown varying trends over the periods provided in the data.
Initially, from March 31, 2020, to December 31, 2021, the company experienced negative operating ROA figures, indicating that its operating income generated was not sufficient to cover its assets effectively during these periods. This could raise concerns about the efficiency of the company's asset utilization and operational performance.
However, from March 31, 2022, until December 31, 2024, there was a notable improvement in Allegheny Technologies Incorporated's operating ROA, with positive figures recorded during these periods. This improvement suggests that the company was able to increase its operating income relative to its assets, which may indicate better operational efficiency and profitability.
The steady increase in operating ROA from 2022 to 2024, peaking at 11.56% on December 31, 2024, reflects a positive trend in the company's ability to generate operating income from its assets.
Overall, the recent positive trend in operating ROA for Allegheny Technologies Incorporated indicates improved operational performance and efficiency, which could be a positive sign for investors and stakeholders. However, it is essential for the company to sustain this positive trajectory to ensure long-term financial health and stability.