Concentra Group Holdings Parent, Inc. (CON)
Operating return on assets (Operating ROA)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | ||
---|---|---|---|---|---|
Operating income (ttm) | US$ in thousands | 304,479 | 294,336 | 290,210 | 281,526 |
Total assets | US$ in thousands | 2,521,160 | 2,481,040 | 2,363,340 | 2,366,160 |
Operating ROA | 12.08% | 11.86% | 12.28% | 11.90% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $304,479K ÷ $2,521,160K
= 12.08%
The operating return on assets (Operating ROA) for Concentra Group Holdings Parent, Inc. has shown a consistent positive trend throughout the year 2024. Starting at 11.90% as of March 31, 2024, it increased to 12.28% by June 30, 2024, then slightly decreased to 11.86% by September 30, 2024, before rising again to 12.08% by December 31, 2024.
This indicates that the company has been effectively utilizing its assets to generate operating profits during the year. The fluctuations in the operating ROA figures suggest that the company's operational efficiency and profitability might have experienced some minor variations, but overall, it exhibits satisfactory performance in terms of generating returns from its assets.
Peer comparison
Dec 31, 2024