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.
Peer comparison
Dec 31, 2024