3D Systems Corporation (DDD)

Operating return on assets (Operating ROA)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Operating income (ttm)	US$ in thousands	-412,470	-406,004	-106,753	-126,874	-127,183	-117,019	-92,817	-76,320	-54,342	-33,069	-28,496	-78,892	-102,704	-118,963	-124,393	-68,723	-54,017	-57,104	-59,424	-58,474
Total assets	US$ in thousands	857,236	990,660	1,392,750	1,431,700	1,442,290	1,446,610	1,431,370	1,481,960	1,506,560	1,549,100	1,005,100	712,293	705,507	733,055	707,282	751,211	783,712	807,312	822,763	877,551
Operating ROA		-48.12%	-40.98%	-7.66%	-8.86%	-8.82%	-8.09%	-6.48%	-5.15%	-3.61%	-2.13%	-2.84%	-11.08%	-14.56%	-16.23%	-17.59%	-9.15%	-6.89%	-7.07%	-7.22%	-6.66%

March 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $-412,470K ÷ $857,236K
= -48.12%

3D Systems Corporation's operating return on assets (ROA) has shown a fluctuating trend over the past several quarters. The operating ROA indicates the company's ability to generate profits solely from its core operations relative to its total assets.

The operating ROA for 3D Systems Corporation ranged from -48.12% to -2.13% in the last five quarters, signifying negative returns during this period. The negative values imply that the company's operating income was insufficient to cover the costs associated with its assets.

The largest decline in operating ROA was observed in the first quarter of 2021 at -48.12%. Subsequently, the operating ROA improved to -2.13% in the first quarter of 2022 before slightly deteriorating again. This indicates that the company struggled to efficiently utilize its assets to generate operating income, leading to negative returns.

Overall, the consistently negative operating ROA suggests that 3D Systems Corporation may be facing challenges in effectively managing its operations to generate profits from its asset base. The company may need to focus on improving operational efficiency, cost management, and revenue generation to enhance its operating ROA in the future.