ELF Beauty Inc (ELF)

Operating return on assets (Operating ROA)

Mar 31, 2025 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
Operating income (ttm) US$ in thousands 113,711 130,741 127,492 139,753 149,678 140,693 132,148 107,346 68,143 62,284 47,964 40,029 29,770 25,716 23,036 17,562 9,400 12,308 18,897 26,031
Total assets US$ in thousands — 1,264,830 1,237,020 1,204,830 1,129,250 1,108,280 746,936 657,881 595,601 555,925 542,141 513,857 494,632 490,950 493,012 498,392 487,393 480,905 473,424 462,068
Operating ROA — 10.34% 10.31% 11.60% 13.25% 12.69% 17.69% 16.32% 11.44% 11.20% 8.85% 7.79% 6.02% 5.24% 4.67% 3.52% 1.93% 2.56% 3.99% 5.63%

March 31, 2025 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $113,711K ÷ $—K
= —

Operating return on assets (ROA) is a financial metric that measures a company's operating income generated relative to its total assets. It is a key indicator of operational efficiency and management's ability to generate profits from its assets.

Analyzing the operating ROA of ELF Beauty Inc over the provided periods, we observe fluctuations in the ratio. From June 2020 to September 2021, the operating ROA fluctuated between 1.93% and 5.63%. This period saw some volatility in the company's ability to generate operating income in relation to its assets.

However, from December 2021 onwards, there is a more upward trend in the operating ROA figures, with the ratio consistently increasing to reach a peak of 17.69% in September 2023. This indicates an improvement in ELF Beauty Inc's operational efficiency and profitability over these quarters.

Subsequently, the operating ROA experienced some decline in the following periods, dropping to 10.34% by December 2024, with data not available for March 2025. This decline could suggest potential challenges or changes in the company's operations impacting its ability to generate income relative to its asset base.

Overall, monitoring the trend of operating ROA for ELF Beauty Inc provides insights into the company's operational performance and management effectiveness in utilizing its assets to generate profits. Keeping track of these fluctuations and analyzing the underlying factors driving the changes can help stakeholders assess the company's financial health and strategic decisions.