Belden Inc (BDC)
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 | 266,460 | 317,518 | 363,334 | 263,676 | 150,114 |
| Total assets | US$ in thousands | 3,327,940 | 3,240,190 | 3,161,680 | 3,417,680 | 3,139,730 |
| Operating ROA | 8.01% | 9.80% | 11.49% | 7.72% | 4.78% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $266,460K ÷ $3,327,940K
= 8.01%
The operating return on assets (operating ROA) for Belden Inc has shown a consistent upward trend over the past five years. Starting at 4.78% on December 31, 2020, the operating ROA increased to 7.72% by December 31, 2021, further rising to 11.49% by December 31, 2022. However, there was a slight decline in the following years, with the operating ROA decreasing to 9.80% on December 31, 2023, and then to 8.01% by December 31, 2024.
Overall, the fluctuation in the operating ROA indicates that Belden Inc has been able to efficiently generate operating profits from its assets, with significant improvements in performance up to 2022. The slight decline in the later years might suggest potential challenges or changes in the company's operations that could be impacting its profitability. Further analysis and comparison with industry benchmarks may provide additional insights into Belden Inc's operational efficiency and overall financial health.
Peer comparison
Dec 31, 2024