FormFactor Inc (FORM)
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 | 43,978 | 44,445 | 29,297 | 10,744 | 9,803 | -14,459 | -6,965 | 27,574 | 61,667 | 109,402 | 122,454 | 109,577 | 98,038 | 87,076 | 85,860 | 88,003 | 83,788 | 86,678 | 73,976 | 60,478 |
| Total assets | US$ in thousands | 1,146,220 | 1,153,780 | 1,156,260 | 1,119,800 | 1,106,790 | 1,032,970 | 1,025,140 | 1,019,760 | 1,008,230 | 1,022,360 | 1,042,450 | 1,056,880 | 1,020,520 | 1,006,590 | 988,546 | 980,211 | 963,217 | 915,607 | 884,234 | 849,379 |
| Operating ROA | 3.84% | 3.85% | 2.53% | 0.96% | 0.89% | -1.40% | -0.68% | 2.70% | 6.12% | 10.70% | 11.75% | 10.37% | 9.61% | 8.65% | 8.69% | 8.98% | 8.70% | 9.47% | 8.37% | 7.12% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $43,978K ÷ $1,146,220K
= 3.84%
FormFactor Inc's operating return on assets (ROA) has displayed some fluctuations over the analyzed periods. From March 31, 2020, to June 30, 2022, the operating ROA generally increased from 7.12% to 11.75%, indicating an improving operational efficiency in utilizing its assets to generate profits.
However, a decline in the operating ROA was observed in the following periods from September 30, 2022, to June 30, 2024, dropping to a low of -1.40%. This suggests a potential decrease in profitability generated from the company's operations in comparison to the assets employed.
In the latter part of the analyzed period, there was a gradual recovery in the operating ROA, with an upward trend from December 31, 2024, reaching 3.84%. This may indicate some improvement in the company's operational efficiency and profitability performance.
Overall, fluctuations in FormFactor Inc's operating ROA indicate varying levels of effectiveness in generating profits relative to the assets utilized. Continued monitoring of this ratio is recommended to assess the company's operational performance and efficiency over time.
Peer comparison
Dec 31, 2024