AptarGroup Inc (ATR)
Operating return on assets (Operating ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 496,497 | 404,019 | 379,273 | 347,348 | 339,498 |
Total assets | US$ in thousands | 4,432,280 | 4,451,890 | 4,203,460 | 4,141,360 | 3,990,050 |
Operating ROA | 11.20% | 9.08% | 9.02% | 8.39% | 8.51% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $496,497K ÷ $4,432,280K
= 11.20%
The operating return on assets (operating ROA) for AptarGroup Inc has shown a positive trend over the past five years, increasing from 8.51% in December 2020 to 11.20% in December 2024. This indicates that the company is effectively generating operating income relative to its total assets, with a significant improvement in profitability over the period. The steady growth in operating ROA suggests that AptarGroup Inc has been efficiently utilizing its assets to generate operating profits, resulting in a more profitable operation. The latest figure of 11.20% reflects a strong performance and showcases the company's ability to generate higher returns on its asset base, which can be seen as a positive indicator for investors and stakeholders.
Peer comparison
Dec 31, 2024