Acushnet Holdings Corp (GOLF)
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 | 304,262 | 285,305 | 281,533 | 259,812 | 145,455 |
| Total assets | US$ in thousands | 2,180,210 | 2,196,680 | 2,193,810 | 2,005,840 | 1,866,560 |
| Operating ROA | 13.96% | 12.99% | 12.83% | 12.95% | 7.79% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $304,262K ÷ $2,180,210K
= 13.96%
Acushnet Holdings Corp's operating return on assets (ROA) has demonstrated a positive trend over the years, increasing from 7.79% on December 31, 2020, to 13.96% on December 31, 2024. This indicates that the company has been able to generate more operating income relative to its asset base. The steady improvement in the operating ROA reflects the company's efficiency in utilizing its assets to generate operating profits. It shows that Acushnet Holdings Corp has been effectively managing its operations to increase profitability in relation to the resources employed. The consistent growth in operating ROA suggests that the company is on a path of sustainable performance and effective asset utilization.
Peer comparison
Dec 31, 2024