PC Connection Inc (CNXN)
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 | 97,062 | 102,367 | 104,348 | 98,500 | 103,153 | 99,118 | 98,835 | 108,534 | 120,551 | 127,948 | 123,537 | 112,531 | 96,517 | 84,971 | 78,720 | 65,544 | 72,074 | 81,918 | 93,478 | 115,213 |
| Total assets | US$ in thousands | 1,299,350 | 1,285,740 | 1,283,480 | 1,161,060 | 1,188,380 | 1,181,430 | 1,164,280 | 1,118,060 | 1,099,830 | 1,134,120 | 1,123,630 | 1,100,820 | 1,083,380 | 1,013,930 | 1,031,270 | 958,386 | 1,015,370 | 1,003,330 | 954,340 | 913,192 |
| Operating ROA | 7.47% | 7.96% | 8.13% | 8.48% | 8.68% | 8.39% | 8.49% | 9.71% | 10.96% | 11.28% | 10.99% | 10.22% | 8.91% | 8.38% | 7.63% | 6.84% | 7.10% | 8.16% | 9.80% | 12.62% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $97,062K ÷ $1,299,350K
= 7.47%
The operating return on assets (operating ROA) of PC Connection Inc has fluctuated over the period from March 31, 2020, to December 31, 2024. The trend shows a gradual decline in operating ROA from 12.62% in March 2020 to 7.47% in December 2024. There have been periods of variability in operating ROA, with some fluctuations indicating changes in the efficiency of the company in generating profits from its assets.
The highest operating ROA was observed in June 2022 at 10.99%, while the lowest was recorded in December 2024 at 7.47%. Over the course of the period, the company experienced both increases and decreases in its operating ROA, reflecting potential shifts in operational efficiency and profitability.
It is important for PC Connection Inc to closely monitor its operating ROA over time to ensure that the company is effectively utilizing its assets to generate profits. Any significant downward trends in operating ROA may indicate inefficiencies that need to be addressed to improve overall financial performance.
Peer comparison
Dec 31, 2024