Avantor Inc (AVTR)
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 | 1,084,800 | 696,400 | 1,130,200 | 972,200 | 706,800 |
| Total assets | US$ in thousands | 12,114,500 | 12,972,700 | 13,464,300 | 13,897,200 | 9,906,500 |
| Operating ROA | 8.95% | 5.37% | 8.39% | 7.00% | 7.13% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,084,800K ÷ $12,114,500K
= 8.95%
Avantor Inc's operating return on assets (operating ROA) has exhibited fluctuations over the years. In 2020, the operating ROA was 7.13%, which slightly decreased to 7.00% in 2021. However, there was a notable increase in 2022, reaching 8.39%. The performance took a dip in 2023, with the operating ROA decreasing to 5.37%, but rebounded strongly in 2024 to 8.95%.
The varying trend in operating ROA could indicate changes in the company's operational efficiency and profitability in utilizing its assets to generate operating income. Further analysis, considering factors influencing these fluctuations, such as management decisions, industry dynamics, and economic conditions, would provide a more in-depth understanding of Avantor Inc's financial performance.
Peer comparison
Dec 31, 2024