The Hain Celestial Group Inc (HAIN)

Operating return on assets (Operating ROA)

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Operating income	US$ in thousands	-18,948	-85,620	104,681	107,380	56,042
Total assets	US$ in thousands	2,117,550	2,258,640	2,458,380	2,205,910	2,188,450
Operating ROA		-0.89%	-3.79%	4.26%	4.87%	2.56%

June 30, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $-18,948K ÷ $2,117,550K
= -0.89%

The operating return on assets (operating ROA) for The Hain Celestial Group Inc has fluctuated over the past five years, as indicated in the table below:

- As of June 30, 2024, the operating ROA was -0.89%, reflecting a negative return on assets generated by the company's core operations.
- In the previous year, as of June 30, 2023, the operating ROA was -3.79%, indicating a further decline in the company's ability to generate returns from its assets.
- However, there was a significant improvement in operating ROA in the fiscal year ending June 30, 2022, with a value of 4.26%, indicating a positive return on assets from the company's operational activities.
- The operating ROA for June 30, 2021, remained relatively stable at 4.87%, suggesting that the company continued to effectively generate returns from its assets in the prior year.
- In the fiscal year ending June 30, 2020, the operating ROA was 2.56%, showing a moderate return on assets from the company's operations.

Overall, the trend in The Hain Celestial Group Inc's operating ROA reveals variability in the company's ability to generate returns from its assets over the past five years, with a mix of negative returns, improvements, and stable performance in different periods.