Core Laboratories NV (CLB)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | ||
|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 58,556 | 58,963 | 53,832 | 56,730 |
| Total assets | US$ in thousands | 590,406 | 600,466 | 597,799 | 587,950 |
| Operating ROA | 9.92% | 9.82% | 9.01% | 9.65% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $58,556K ÷ $590,406K
= 9.92%
Based on the provided data, Core Laboratories NV's operating return on assets (ROA) has been relatively stable over the four quarters of 2024. The operating ROA started at 9.65% in March and gradually decreased to 9.01% in June but then improved to 9.82% in September and further increased to 9.92% by the end of December.
Overall, Core Laboratories NV's operating ROA indicates that the company generated approximately 9% to 10% return on its assets during the period. This suggests that the company is effectively utilizing its assets to generate operating profits. The slight fluctuations in the operating ROA may be due to changes in operating performance, asset utilization efficiency, or profitability over the quarters.
Peer comparison
Dec 31, 2024