Diodes Incorporated (DIOD)

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 53,746 62,532 94,529 172,220 250,571 326,319 384,891 401,562 408,193 397,733 362,534 321,653 275,985 229,750 190,358 155,870 134,332 155,830 166,690 184,337
Total assets US$ in thousands 2,386,280 2,389,380 2,361,060 2,356,170 2,367,660 2,340,220 2,341,070 2,285,560 2,288,310 2,362,560 2,285,040 2,165,460 2,194,500 2,041,910 1,992,970 1,990,340 1,979,460 2,032,650 1,937,160 1,620,270
Operating ROA 2.25% 2.62% 4.00% 7.31% 10.58% 13.94% 16.44% 17.57% 17.84% 16.83% 15.87% 14.85% 12.58% 11.25% 9.55% 7.83% 6.79% 7.67% 8.60% 11.38%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $53,746K ÷ $2,386,280K
= 2.25%

Diodes Incorporated's operating return on assets (ROA) demonstrates fluctuations over the periods between March 31, 2020, and December 31, 2024. Initially, the operating ROA was at a relatively high level of 11.38% in March 2020, indicating strong operational efficiency in generating profit from its assets. However, there was a downward trend in the subsequent quarters, with the operating ROA declining to 2.25% by December 2024.

Throughout the analyzed periods, the operating ROA showed variations, reaching its lowest point of 2.25% by the end of December 2024. This decline may suggest potential challenges in effectively utilizing assets to generate profit or could indicate a change in the company's operational efficiency during this period.

It is important for stakeholders to monitor the operating ROA trend as it provides insights into the company's ability to generate earnings from its operational activities in relation to its asset base. Further analysis and consideration of the underlying factors contributing to these fluctuations would be necessary to fully understand the dynamics impacting Diodes Incorporated's operational return on assets.