Haemonetics Corporation (HAE)
Operating return on assets (Operating ROA)
Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 221,817 | 164,883 | 156,033 | 80,750 | 57,963 |
Total assets | US$ in thousands | 2,450,950 | 2,195,590 | 1,934,820 | 1,859,730 | 1,819,920 |
Operating ROA | 9.05% | 7.51% | 8.06% | 4.34% | 3.18% |
March 31, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $221,817K ÷ $2,450,950K
= 9.05%
Haemonetics Corporation's operating return on assets (ROA) has shown a positive trend over the years, increasing from 3.18% as of March 31, 2021, to 7.51% as of March 31, 2024. This indicates that the company has been generating more operating income relative to its total assets, which is a positive sign of operational efficiency and profitability.
However, it's worth noting that the ROA data for March 31, 2025, is not available, so it's difficult to assess the latest performance based on this metric alone. Overall, the increasing trend in operating ROA suggests that Haemonetics has been effectively utilizing its assets to generate operating income, which is a key indicator of the company's financial health and performance.
Peer comparison
Mar 31, 2025