Entegris Inc (ENTG)

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 533,922 484,956 465,776 603,284 499,158 541,917 439,745 330,101 479,981 495,749 620,217 601,136 551,768 505,452 472,856 428,679 395,445 366,302 312,334 272,531
Total assets US$ in thousands 8,394,620 8,472,760 8,336,590 8,364,720 8,812,590 9,824,620 9,913,020 10,067,100 10,138,900 10,133,400 5,861,170 3,283,440 3,191,900 3,012,280 2,872,730 2,933,540 2,917,700 2,801,630 2,804,040 2,598,560
Operating ROA 6.36% 5.72% 5.59% 7.21% 5.66% 5.52% 4.44% 3.28% 4.73% 4.89% 10.58% 18.31% 17.29% 16.78% 16.46% 14.61% 13.55% 13.07% 11.14% 10.49%

December 31, 2024 calculation

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

Entegris Inc's operating return on assets (operating ROA) has exhibited fluctuations over the period from March 31, 2020, to December 31, 2024. The operating ROA increased from 10.49% in March 2020 to 18.31% in March 2022, representing a positive trend in the company's ability to generate profits from its assets. However, there was a notable decline in the operating ROA to 4.73% by December 31, 2022, before showing some recovery to 6.36% by December 31, 2024.

It is essential to note that the operating ROA has not maintained a consistent upward trajectory, as evidenced by the fluctuations observed in the values reported. These fluctuations may be indicative of varying operational efficiency, asset utilization, or profitability levels within the company during the period under review.

Analyzing the operating ROA trend can provide insights into Entegris Inc's operational performance and its ability to generate profits relative to its total assets. It is important for stakeholders to further investigate the factors contributing to the fluctuations in operating ROA to assess the company's overall financial health and stability.