Exponent Inc (EXPO)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 111,322 | 114,963 | 117,843 | 133,245 | 140,842 | 142,185 | 137,491 | 121,586 | 108,927 | 103,283 | 91,571 | 71,319 | 83,249 | 86,865 | 89,642 | 105,345 | 85,111 | 90,547 | 87,957 | 85,612 |
| Total assets | US$ in thousands | 646,777 | 602,462 | 604,284 | 566,427 | 586,662 | 559,003 | 566,704 | 617,548 | 683,739 | 638,305 | 618,871 | 577,022 | 580,096 | 534,666 | 513,187 | 483,663 | 563,411 | 544,491 | 520,641 | 489,220 |
| Operating ROA | 17.21% | 19.08% | 19.50% | 23.52% | 24.01% | 25.44% | 24.26% | 19.69% | 15.93% | 16.18% | 14.80% | 12.36% | 14.35% | 16.25% | 17.47% | 21.78% | 15.11% | 16.63% | 16.89% | 17.50% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $111,322K ÷ $646,777K
= 17.21%
Exponent Inc's operating return on assets (operating ROA) has shown fluctuations in recent periods. The operating ROA peaked at 25.44% in Sep 2022, followed by a gradual decline until Mar 2023. From Mar 2023 to Dec 2023, there was a positive trend in operating ROA, reaching 17.21%. Overall, Exponent Inc's operating ROA has demonstrated variability, impacting the efficiency of the company in generating operating profits relative to its total assets. Further analysis of the company's operational performance and asset utilization may provide insights into the factors driving these fluctuations in operating ROA.
Peer comparison
Dec 31, 2023