HF Sinclair Corp (DINO)
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 | 287,329 | 434,968 | 1,627,076 | 2,134,320 | 2,052,398 | 2,956,859 | 3,213,159 | 4,175,463 | 4,054,252 | 3,206,639 | 2,176,384 | 843,956 | 749,186 | 663,452 | 338,829 | -185,379 | -733,743 | -498,313 | -44,316 | 477,401 |
| Total assets | US$ in thousands | 16,643,000 | 16,887,700 | 17,381,800 | 17,916,000 | 17,716,300 | 18,901,800 | 18,197,000 | 18,006,000 | 18,125,500 | 18,226,300 | 19,177,900 | 17,733,100 | 12,916,600 | 12,897,200 | 12,560,000 | 11,934,800 | 11,506,900 | 11,579,700 | 11,063,800 | 11,221,800 |
| Operating ROA | 1.73% | 2.58% | 9.36% | 11.91% | 11.58% | 15.64% | 17.66% | 23.19% | 22.37% | 17.59% | 11.35% | 4.76% | 5.80% | 5.14% | 2.70% | -1.55% | -6.38% | -4.30% | -0.40% | 4.25% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $287,329K ÷ $16,643,000K
= 1.73%
HF Sinclair Corp's operating return on assets (Operating ROA) has shown fluctuations over the past few years. The company experienced a downward trend in operating ROA from March 2020 to December 2021, with negative percentages indicating that the company was not generating significant operating income relative to its assets during this period.
However, from March 2022 onwards, there was a notable improvement in the operating ROA, with positive percentages indicating that the company's operating income relative to its assets has been increasing steadily. The most significant improvement was seen in the last quarter of 2022, where the operating ROA reached its peak at 22.37%.
Subsequently, there was a mild decrease in the operating ROA from March 2023 through June 2024, but the percentages remained positive, indicating that HF Sinclair Corp continued to generate operating income relative to its assets during these quarters.
Overall, the trend in operating ROA for HF Sinclair Corp reflects a recovery and improvement in the company's operational efficiency and profitability after a period of challenges. This indicates that the company has been able to better utilize its assets to generate operating income in recent years.