Belden Inc (BDC)
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 | 266,460 | 241,236 | 261,316 | 285,001 | 317,518 | 351,792 | 386,011 | 375,350 | 363,334 | 354,747 | 299,836 | 286,249 | 263,676 | 261,183 | 222,573 | 171,354 | 150,114 | 126,365 | 147,780 | 189,425 |
| Total assets | US$ in thousands | 3,327,940 | 3,340,450 | 3,522,600 | 3,119,310 | 3,240,190 | 3,129,400 | 3,145,330 | 3,066,780 | 3,161,680 | 2,960,500 | 3,026,020 | 3,003,270 | 3,417,680 | 3,335,180 | 3,269,930 | 3,147,670 | 3,139,730 | 3,036,080 | 3,177,030 | 972,258 |
| Operating ROA | 8.01% | 7.22% | 7.42% | 9.14% | 9.80% | 11.24% | 12.27% | 12.24% | 11.49% | 11.98% | 9.91% | 9.53% | 7.72% | 7.83% | 6.81% | 5.44% | 4.78% | 4.16% | 4.65% | 19.48% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $266,460K ÷ $3,327,940K
= 8.01%
The operating return on assets (operating ROA) is a key profitability ratio that measures a company's ability to generate operating income from its assets. In the case of Belden Inc, the operating ROA has shown fluctuations over the given time period, ranging from a low of 4.16% in September 2020 to a high of 12.27% in June 2023.
Overall, Belden Inc's operating ROA has experienced both ups and downs, indicating varying levels of profitability relative to its assets. The company saw a gradual improvement in its operating ROA from March 2020 to June 2022, with a notable peak in September 2022 at 11.98%. However, the ratio declined thereafter, reaching a low of 7.22% in September 2024.
It is important for Belden Inc to closely monitor its operating ROA to ensure the efficient use of its assets in generating operating income. Understanding the factors contributing to the fluctuations in this ratio can help the company make informed strategic decisions to improve profitability and overall performance.
Peer comparison
Dec 31, 2024