Entegris Inc (ENTG)

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 533,922 499,158 479,981 551,768 395,445
Total assets US$ in thousands 8,394,620 8,812,590 10,138,900 3,191,900 2,917,700
Operating ROA 6.36% 5.66% 4.73% 17.29% 13.55%

December 31, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $533,922K ÷ $8,394,620K
= 6.36%

Entegris Inc's operating return on assets (ROA) has shown variability in recent years. The trend indicates an improvement from 13.55% as of December 31, 2020, to 17.29% as of December 31, 2021. However, there was a significant decline in operating ROA to 4.73% as of December 31, 2022, followed by a slight increase to 5.66% as of December 31, 2023, and a further rise to 6.36% as of December 31, 2024.

It is essential to assess the factors contributing to these fluctuations in operating ROA, such as changes in revenue, operating expenses, asset efficiency, and overall operational performance. Monitoring this ratio over time can help identify trends, assess the company's operational efficiency, and make informed decisions regarding its financial health and performance.