Cars.com Inc (CARS)
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 | 53,498 | 54,116 | 66,036 | 7,719 | 7,332 |
| Total assets | US$ in thousands | 1,111,860 | 1,172,450 | 1,024,870 | 1,007,200 | 1,075,710 |
| Operating ROA | 4.81% | 4.62% | 6.44% | 0.77% | 0.68% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $53,498K ÷ $1,111,860K
= 4.81%
Based on the provided data, the operating return on assets (Operating ROA) for Cars.com Inc has shown a fluctuating trend over the years. The values have varied from 0.68% in December 31, 2020, to 4.81% in December 31, 2024.
The Operating ROA increased significantly from 2020 to 2022, reaching a peak of 6.44%. This indicates that the company was able to generate more operating income relative to its assets during this period. However, there was a slight decrease in 2023 and a minor improvement in 2024, suggesting some variability in the company's operating efficiency and profitability.
Overall, the trend in Cars.com Inc's Operating ROA indicates some level of operational performance improvement, as the metric generally increased from 2020 to 2024. It would be beneficial for the company to continue monitoring and managing its operational efficiency to ensure sustainable profitability in the future.
Peer comparison
Dec 31, 2024