Benchmark Electronics Inc (BHE)

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 109,411 109,664 90,069 53,062 25,134
Total assets US$ in thousands 2,139,460 2,274,760 2,227,330 1,903,880 1,744,240
Operating ROA 5.11% 4.82% 4.04% 2.79% 1.44%

December 31, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $109,411K ÷ $2,139,460K
= 5.11%

Benchmark Electronics Inc's operating return on assets (Operating ROA) has been showing a positive trend over the years, increasing from 1.44% on December 31, 2020, to 5.11% on December 31, 2024. This indicates that the company has been more efficient in generating operating profits relative to its total assets. The steady increase in Operating ROA suggests improved operational efficiency and better utilization of assets to generate earnings. This positive trend is a good sign of the company's ability to effectively manage its assets to generate operating income.