Dorman Products Inc (DORM)

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 304,805 288,721 273,658 250,475 208,184 157,351 135,240 129,509 158,107 183,377 185,471 176,612 171,551 172,365 172,947 149,962 133,373 109,358 91,548 101,148
Total assets US$ in thousands 2,424,520 2,364,100 2,285,720 2,220,140 2,292,410 2,260,350 2,256,840 2,260,660 2,341,790 1,801,210 1,761,170 1,724,300 1,673,120 1,615,850 1,269,480 1,264,270 1,220,660 1,158,830 1,179,650 1,152,780
Operating ROA 12.57% 12.21% 11.97% 11.28% 9.08% 6.96% 5.99% 5.73% 6.75% 10.18% 10.53% 10.24% 10.25% 10.67% 13.62% 11.86% 10.93% 9.44% 7.76% 8.77%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $304,805K ÷ $2,424,520K
= 12.57%

Dorman Products Inc's operating return on assets (operating ROA) has exhibited some fluctuations over the analyzed period from March 31, 2020, to December 31, 2024. The ratio started at 8.77% in March 2020 and showed some variability before increasing to 13.62% in June 2021. Subsequently, the operating ROA remained relatively stable around the 10-12% range for the following quarters, with a peak of 12.57% by December 31, 2024.

Overall, the trend indicates an improvement in the company's ability to generate profits from its assets over time, with higher operating ROA values in recent quarters compared to the initial periods. However, the slight decline observed towards the end of the analyzed period, dropping to 12.21% by September 30, 2024, and 12.57% by December 31, 2024, may warrant further investigation to understand the underlying factors influencing this change.