Hayward Holdings Inc (HAYW)
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 | 208,787 | 175,222 | 285,573 | 317,974 | 124,600 |
| Total assets | US$ in thousands | 2,990,620 | 2,946,280 | 2,875,010 | 2,978,470 | 2,607,100 |
| Operating ROA | 6.98% | 5.95% | 9.93% | 10.68% | 4.78% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $208,787K ÷ $2,990,620K
= 6.98%
Operating return on assets (Operating ROA) is a key financial metric used to assess a company's efficiency in generating profit from its assets utilized in operations. Analyzing the trend of Hayward Holdings Inc's Operating ROA from 2020 to 2024 reveals fluctuations in the company's operational efficiency and asset utilization.
- In December 31, 2020, the Operating ROA was 4.78%, indicating that the company generated $0.0478 in operating income for every dollar of assets employed in operations that year.
- The Operating ROA significantly improved to 10.68% by December 31, 2021, suggesting a notable increase in profitability and efficiency in utilizing assets.
- By December 31, 2022, the Operating ROA slightly decreased to 9.93%, signaling a slight decline in operational efficiency compared to the previous year.
- In December 31, 2023, the Operating ROA decreased further to 5.95%, indicating a decrease in profitability generated from assets employed in operations.
- Finally, by December 31, 2024, the Operating ROA improved to 6.98%, showing a slight recovery in operational efficiency compared to the previous year.
Overall, the trend in Hayward Holdings Inc's Operating ROA indicates fluctuations in operational efficiency and asset utilization over the years, with notable improvements in 2021, followed by some fluctuations in subsequent years. It is essential for the company to continuously monitor and improve its operational performance to ensure sustainable profitability and efficient use of assets.
Peer comparison
Dec 31, 2024