Acushnet Holdings Corp (GOLF)
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 | 307,823 | 289,729 | 286,267 | 286,734 | 286,696 | 318,605 | 316,010 | 298,067 | 278,532 | 248,003 | 224,479 | 245,112 | 259,812 | 308,827 | 341,545 | 244,096 | 145,455 | 146,928 | 105,450 | 154,854 |
| Total assets | US$ in thousands | 2,180,210 | 2,280,750 | 2,274,160 | 2,356,960 | 2,196,680 | 2,210,570 | 2,330,930 | 2,453,010 | 2,193,810 | 2,101,360 | 2,096,150 | 2,085,800 | 2,005,840 | 2,075,220 | 2,066,690 | 1,968,880 | 1,866,560 | 1,839,090 | 1,897,720 | 1,887,700 |
| Operating ROA | 14.12% | 12.70% | 12.59% | 12.17% | 13.05% | 14.41% | 13.56% | 12.15% | 12.70% | 11.80% | 10.71% | 11.75% | 12.95% | 14.88% | 16.53% | 12.40% | 7.79% | 7.99% | 5.56% | 8.20% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $307,823K ÷ $2,180,210K
= 14.12%
The operating return on assets (Operating ROA) of Acushnet Holdings Corp has shown some fluctuations over the periods under consideration. The Operating ROA was relatively stable in the range of 7% to 8% during the first three quarters of 2020 but displayed a significant increase in the following periods, reaching a peak of 16.53% by June 30, 2021.
Despite a slight decrease in the subsequent quarters, the Operating ROA remained above 10%, indicating the company's efficient utilization of its assets to generate operating income. The ratio fluctuated between 10% to 14% from 2022 to 2024, with a slight increase observed towards the end of the period.
Overall, Acushnet Holdings Corp has maintained a healthy Operating ROA above 10% during most of the periods, suggesting effective operational performance in generating profits relative to its asset base.
Peer comparison
Dec 31, 2024