Builders FirstSource Inc (BLDR)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 2,176,319 | 2,211,888 | 2,584,790 | 3,373,588 | 3,770,210 | 3,865,995 | 3,688,905 | 3,003,273 | 2,387,424 | 1,979,528 | 1,281,846 | 730,863 | 543,854 | 405,098 | 394,972 | 381,362 | 392,306 | 407,645 | 399,801 | 388,715 |
| Total assets | US$ in thousands | 10,499,500 | 10,736,800 | 10,733,100 | 10,476,900 | 10,595,200 | 11,537,700 | 12,085,900 | 12,051,200 | 10,714,300 | 10,809,100 | 10,626,100 | 9,379,510 | 4,173,670 | 4,014,930 | 3,764,680 | 3,561,360 | 3,249,490 | 3,297,760 | 3,249,970 | 3,199,460 |
| Operating ROA | 20.73% | 20.60% | 24.08% | 32.20% | 35.58% | 33.51% | 30.52% | 24.92% | 22.28% | 18.31% | 12.06% | 7.79% | 13.03% | 10.09% | 10.49% | 10.71% | 12.07% | 12.36% | 12.30% | 12.15% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $2,176,319K ÷ $10,499,500K
= 20.73%
Builders Firstsource Inc's operating return on assets (operating ROA) has shown positive trends in recent quarters, indicative of the company's efficiency in generating profits from its assets. The operating ROA has ranged from a high of 35.58% in Q4 2022 to a low of 20.60% in Q3 2023.
The gradual decline in operating ROA from Q4 2022 to Q3 2023 may suggest a slight decrease in the company's ability to generate operating income relative to its total assets during that period. However, the overall performance remains strong, with operating ROA consistently above 20% in all quarters analyzed.
The fluctuation in operating ROA may be attributed to changes in the company's operations, management decisions, or industry-specific factors. Despite the variation, the operating ROA levels above 20% indicate that Builders Firstsource Inc is effectively utilizing its assets to generate operating income, reflecting strong operational efficiency and profitability. Further monitoring of the trend in operating ROA will provide insights into the company's ongoing financial performance and asset management.
Peer comparison
Dec 31, 2023