Bruker Corporation (BRKR)
Operating return on assets (Operating ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 436,900 | 432,700 | 413,300 | 248,300 | 300,900 |
| Total assets | US$ in thousands | 4,249,900 | 3,611,800 | 3,650,000 | 3,049,000 | 2,771,500 |
| Operating ROA | 10.28% | 11.98% | 11.32% | 8.14% | 10.86% |
December 31, 2023 calculation
Operating ROA = Operating income ÷ Total assets
= $436,900K ÷ $4,249,900K
= 10.28%
Bruker Corp's operating return on assets (Operating ROA) has fluctuated over the past five years, ranging from 8.96% in 2020 to 12.78% in 2022. In 2023, the operating ROA decreased to 11.38%. This ratio indicates how efficiently the company generates operating income relative to its total assets. While the downward trend in 2023 may raise some concerns, the company has generally maintained a healthy level of operating efficiency over the period analyzed. Further analysis of the company's operational performance and asset utilization may provide more insights into the factors driving these fluctuations.
Peer comparison
Dec 31, 2023