National Vision Holdings Inc (EYE)
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 | -10,359 | -46,826 | 61,275 | 174,937 | 87,007 |
| Total assets | US$ in thousands | 2,007,770 | 2,172,510 | 2,291,250 | 2,293,090 | 2,333,500 |
| Operating ROA | -0.52% | -2.16% | 2.67% | 7.63% | 3.73% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $-10,359K ÷ $2,007,770K
= -0.52%
The operating return on assets (ROA) for National Vision Holdings Inc has shown fluctuations over the years based on the provided data.
In December 2020, the operating ROA was 3.73%, indicating that the company generated $3.73 in operating income for every $100 of assets it had at that time.
By December 2021, the operating ROA improved significantly to 7.63%, suggesting an increase in operational efficiency and profitability that year.
However, in December 2022, the operating ROA decreased to 2.67%, signaling a potential decline in the company's ability to generate profits from its assets.
The trend worsened in December 2023, with a negative operating ROA of -2.16%, indicating that the company reported an operating loss relative to its assets.
As of December 2024, the operating ROA slightly improved but remained negative at -0.52%, continuing the challenging trend of the previous year.
Overall, the fluctuations in National Vision Holdings Inc's operating ROA suggest varying levels of operational performance and profitability over the years, with particular concern arising from the negative ROA values in 2023 and 2024, which may require closer examination and corrective action to improve the company's financial health.
Peer comparison
Dec 31, 2024