Concentra Group Holdings Parent, Inc. (CON)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Operating income | US$ in thousands | 304,763 | 287,382 | 258,217 | 270,265 |
| Total assets | US$ in thousands | 2,521,160 | 2,333,560 | 2,297,240 | — |
| Operating ROA | 12.09% | 12.32% | 11.24% | — |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $304,763K ÷ $2,521,160K
= 12.09%
Concentra Group Holdings Parent, Inc.'s operating return on assets (ROA) has shown a positive trend over the years, with figures of 11.24% in 2022, 12.32% in 2023, and 12.09% in 2024. This indicates that the company is generating a healthy level of operating income relative to its assets, which is a positive sign for investors and lenders. The increasing trend in operating ROA suggests that the company is effectively utilizing its assets to generate operating profits. However, the absence of data for 2021 makes it difficult to assess the company's performance in that year. Overall, the improving trend in operating ROA showcases the company's operational efficiency and profitability over the period under consideration.
Peer comparison
Dec 31, 2024