National Vision Holdings Inc (EYE)
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 | -5,173 | 6,537 | -59,239 | -55,288 | -47,421 | -42,742 | 47,214 | 64,878 | 68,898 | 86,029 | 121,381 | 150,821 | 174,937 | 223,883 | 227,966 | 131,539 | 87,006 | 38,472 | -5,210 | 58,090 |
| Total assets | US$ in thousands | 2,007,770 | 2,020,130 | 2,146,300 | 2,155,370 | 2,320,600 | 2,266,430 | 2,333,930 | 2,312,370 | 2,291,250 | 2,291,740 | 2,278,340 | 2,325,490 | 2,293,090 | 2,405,470 | 2,369,220 | 2,419,840 | 2,333,500 | 2,307,510 | 2,219,040 | 2,218,750 |
| Operating ROA | -0.26% | 0.32% | -2.76% | -2.57% | -2.04% | -1.89% | 2.02% | 2.81% | 3.01% | 3.75% | 5.33% | 6.49% | 7.63% | 9.31% | 9.62% | 5.44% | 3.73% | 1.67% | -0.23% | 2.62% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-5,173K ÷ $2,007,770K
= -0.26%
Based on the provided data, National Vision Holdings Inc's operating return on assets (operating ROA) has exhibited fluctuating trends over the analyzed quarters. The operating ROA started off positively in March 2020 at 2.62%, but dropped to a negative figure of -0.23% in June 2020. The metric then experienced a recovery, reaching 9.62% by June 2021, indicating improved operational efficiency in generating profits from its assets.
However, there were subsequent declines in operating ROA in the following quarters, with the ratio ranging between 3.01% and -2.57% from December 2022 to March 2024. Notably, the operating ROA turned negative from September 2023 onward, suggesting operational challenges in generating profits relative to its asset base. The metric improved slightly in the last quarter analyzed, reaching 0.32% in September 2024.
Overall, the trend in National Vision Holdings Inc's operating ROA indicates fluctuations in the company's ability to generate profits from its operational assets, highlighting the importance of closely monitoring and managing operational efficiency to enhance financial performance.
Peer comparison
Dec 31, 2024