Dorman Products Inc (DORM)
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 | 292,909 | 214,760 | 127,106 | 171,551 | 101,066 |
| Total assets | US$ in thousands | 2,424,520 | 2,292,410 | 2,341,790 | 1,673,120 | 1,220,660 |
| Operating ROA | 12.08% | 9.37% | 5.43% | 10.25% | 8.28% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $292,909K ÷ $2,424,520K
= 12.08%
The operating return on assets (ROA) of Dorman Products Inc has shown fluctuations over the years based on the provided data. In 2020, the operating ROA was at 8.28%, which increased to 10.25% in 2021, indicating improved efficiency in generating operating profit relative to its assets. However, in 2022, there was a notable decrease to 5.43%, suggesting a potential decline in the company's operating performance.
By 2023, the operating ROA recovered to 9.37%, indicating a return to a more favorable operational efficiency level. Furthermore, in 2024, the operating ROA increased significantly to 12.08%, signaling a strong performance in utilizing its assets to generate operating income.
Overall, the trend in Dorman Products Inc's operating ROA indicates some variability in performance efficiency over the years, with notable increases and decreases observed in different periods. These fluctuations may be influenced by various factors such as changes in sales, expenses management, asset utilization, and overall operational effectiveness.
Peer comparison
Dec 31, 2024