Glaukos Corp (GKOS)
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 | -122,366 | -132,322 | -135,672 | -134,773 | -128,700 | -123,812 | -117,413 | -125,098 | -82,313 | -66,448 | -33,813 | -11,275 | -32,872 | -26,395 | -49,771 | -82,746 | -123,553 | -141,858 | -141,921 | -100,964 |
| Total assets | US$ in thousands | 974,756 | 926,543 | 919,675 | 933,338 | 940,414 | 948,634 | 956,740 | 972,592 | 1,002,380 | 1,008,470 | 1,031,280 | 1,052,070 | 1,049,700 | 1,064,130 | 1,043,720 | 1,022,780 | 1,005,500 | 994,514 | 995,733 | 779,720 |
| Operating ROA | -12.55% | -14.28% | -14.75% | -14.44% | -13.69% | -13.05% | -12.27% | -12.86% | -8.21% | -6.59% | -3.28% | -1.07% | -3.13% | -2.48% | -4.77% | -8.09% | -12.29% | -14.26% | -14.25% | -12.95% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-122,366K ÷ $974,756K
= -12.55%
The operating return on assets (ROA) for Glaukos Corp has been on a declining trend over the specified periods, indicating a decreasing ability to generate profits from its assets through core operations. The negative values suggest that the company's operating income is insufficient to cover its asset base, highlighting potential inefficiencies or operational challenges. The lowest operating ROA was reported at -14.75% on June 30, 2024, indicating a significant gap between operating income and assets. Management should closely evaluate operational strategies and resource allocation to improve efficiency and profitability in the upcoming periods.
Peer comparison
Dec 31, 2024