Diodes Incorporated (DIOD)

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 50,450 250,571 408,193 275,985 134,332
Total assets US$ in thousands 2,386,280 2,367,660 2,288,310 2,194,500 1,979,460
Operating ROA 2.11% 10.58% 17.84% 12.58% 6.79%

December 31, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $50,450K ÷ $2,386,280K
= 2.11%

Diodes Incorporated's operating return on assets (operating ROA) has shown fluctuating trends over the years based on the provided data.

- In December 31, 2020, the operating ROA stood at 6.79%, reflecting the company's ability to generate operating profits relative to its assets.
- By December 31, 2021, Diodes Incorporated managed to improve its operating ROA significantly to 12.58%, indicating enhanced operational efficiency and profitability.
- The operating ROA further increased to 17.84% by December 31, 2022, highlighting the company's potential to efficiently utilize its assets to generate operating income.
- However, in December 31, 2023, the operating ROA experienced a slight decline to 10.58%, suggesting potential challenges or changes in the company's operational performance.
- The performance further dipped significantly by December 31, 2024, with the operating ROA dropping to 2.11%. This sharp decline may signal issues in asset utilization efficiency or profitability.

Overall, Diodes Incorporated's operating return on assets has displayed varying levels of efficiency and profitability over the years, and stakeholders may need to closely monitor the company's operational performance to ensure sustainable growth and value creation.