Dana Inc (DAN)
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 | 329,000 | 345,000 | 342,000 | 355,000 | 349,000 | 391,000 | 373,000 | 308,000 | 289,000 | 295,000 | 307,000 | 373,000 | 436,000 | 454,000 | 452,000 | 231,000 | 201,000 | 230,000 | 281,000 | 303,000 |
| Total assets | US$ in thousands | 7,485,000 | 7,859,000 | 7,808,000 | 7,857,000 | 7,965,000 | 7,937,000 | 8,046,000 | 7,893,000 | 7,449,000 | 7,662,000 | 7,919,000 | 8,053,000 | 7,632,000 | 7,577,000 | 7,679,000 | 7,602,000 | 7,376,000 | 7,522,000 | 6,908,000 | 7,235,000 |
| Operating ROA | 4.40% | 4.39% | 4.38% | 4.52% | 4.38% | 4.93% | 4.64% | 3.90% | 3.88% | 3.85% | 3.88% | 4.63% | 5.71% | 5.99% | 5.89% | 3.04% | 2.73% | 3.06% | 4.07% | 4.19% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $329,000K ÷ $7,485,000K
= 4.40%
Operating return on assets (ROA) is a key financial ratio that measures a company's ability to generate operating profits from its assets. The trend analysis of Dana Inc's operating ROA from March 2020 to December 2024 shows fluctuations in the performance of the company.
- The operating ROA started at 4.19% in March 2020, decreased to 2.73% by December 2020, and then gradually increased to 5.99% by September 2021. This improvement indicates that the company was able to generate more operating income relative to its assets during this period.
- However, the operating ROA experienced some volatility in the subsequent quarters, fluctuating between 3.85% to 4.93% from September 2022 to September 2023. This fluctuation suggests potential challenges in maintaining consistent operating profitability relative to its asset base.
- In the latest period, Dana Inc's operating ROA stood at 4.40% in December 2024, which is slightly lower compared to the peak levels seen in 2021. This indicates a moderate decline in the company's ability to generate operating profits from its assets.
Overall, Dana Inc's operating ROA demonstrates a mix of fluctuations and stability over the analyzed period. Further analysis of the company's operational efficiency and asset utilization may provide insights into the factors impacting its operating profitability.
Peer comparison
Dec 31, 2024