Concentra Group Holdings Parent, Inc. (CON)
Operating return on assets (Operating ROA)
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Jun 30, 2023 | Mar 31, 2023 | ||
|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 294,336 | 290,210 | 281,526 | |||
| Total assets | US$ in thousands | 2,481,040 | 2,363,340 | 2,366,160 | 2,333,560 | — | — |
| Operating ROA | 11.86% | 12.28% | 11.90% |
September 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $294,336K ÷ $2,481,040K
= 11.86%
The operating return on assets (operating ROA) of Concentra Group Holdings Parent, Inc. has been relatively stable and favorable over the past four quarters. The operating ROA for the most recent quarter ending September 30, 2024, was 11.86%, showing a slight decrease compared to the previous quarter's 12.28%. However, the operating ROA remains strong and above 10%.
Looking at the trend over the last six quarters, the company has maintained a consistent operating ROA performance, hovering around the 11-12% range. This indicates that Concentra Group Holdings Parent, Inc. has been effectively generating operating income relative to its total assets.
Overall, the company's operating ROA demonstrates efficient asset utilization and profitability, suggesting that Concentra Group Holdings Parent, Inc. is effectively managing its operations to generate earnings from its asset base.
Peer comparison
Sep 30, 2024