CTS Corporation (CTS)

Operating return on assets (Operating ROA)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands 72,780 75,051 55,088 78,166 23,911
Total assets US$ in thousands 766,112 741,167 748,487 664,462 626,049
Operating ROA 9.50% 10.13% 7.36% 11.76% 3.82%

December 31, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $72,780K ÷ $766,112K
= 9.50%

The operating return on assets (operating ROA) of CTS Corporation has shown fluctuations over the years. Starting at 3.82% on December 31, 2020, it increased significantly to 11.76% by December 31, 2021. However, in the following years, it exhibited some variability, with values of 7.36% as of December 31, 2022, 10.13% as of December 31, 2023, and 9.50% as of December 31, 2024. Overall, the trend indicates improvements in operational efficiency and profitability during this period, albeit with some fluctuations in performance.