Calix Inc (CALX)
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 | -43,034 | -33,125 | -6,300 | 16,867 | 28,835 | 50,727 | 54,803 | 52,693 | 52,610 | 54,175 | 52,161 | 62,989 | 73,938 | 84,096 | 87,855 | 63,988 | 36,846 | 13,566 | -11,035 | -12,628 |
| Total assets | US$ in thousands | 939,267 | 937,525 | 917,896 | 922,788 | 941,865 | 926,660 | 941,768 | 914,827 | 884,835 | 866,879 | 792,812 | 775,246 | 742,032 | 695,717 | 507,835 | 468,135 | 427,352 | 385,333 | 321,314 | 324,054 |
| Operating ROA | -4.58% | -3.53% | -0.69% | 1.83% | 3.06% | 5.47% | 5.82% | 5.76% | 5.95% | 6.25% | 6.58% | 8.13% | 9.96% | 12.09% | 17.30% | 13.67% | 8.62% | 3.52% | -3.43% | -3.90% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-43,034K ÷ $939,267K
= -4.58%
Operating return on assets (Operating ROA) is a key financial metric that measures a company's ability to generate operating profits from its total assets.
In the case of Calix Inc, the Operating ROA has shown fluctuations over the quarters in the provided dataset. The trend indicates a performance improvement from negative values in early 2020 to positive values by the end of 2020. The metric continued to rise steadily until June 2021, reaching its peak at 17.30%. However, after that point, there was a gradual decline in Operating ROA, with fluctuations but a general downward trend observed through 2023 and 2024.
The highest Operating ROA achieved by Calix Inc during the period was in June 2021 at 17.30%, illustrating the company's efficient use of assets to generate operating profits. On the other hand, the lowest Operating ROA was recorded in December 2024 at -4.58%, indicating a significant drop in profitability relative to asset utilization.
Overall, the fluctuating trend in Calix Inc's Operating ROA suggests the company's variable operating performance in relation to its asset base over the quarters in the dataset. Further analysis would be needed to understand the factors driving these fluctuations and assess the company's operational efficiency and profitability strategies.
Peer comparison
Dec 31, 2024