Huntington Ingalls Industries Inc (HII)
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 | 535,000 | 737,000 | 827,000 | 794,000 | 781,000 | 574,000 | 533,000 | 568,000 | 565,000 | 580,000 | 567,000 | 504,000 | 513,000 | 698,000 | 802,000 | 731,000 | 799,000 | 680,000 | 672,000 | 790,000 |
| Total assets | US$ in thousands | 12,141,000 | 11,082,000 | 11,310,000 | 11,167,000 | 11,215,000 | 10,621,000 | 10,859,000 | 10,849,000 | 10,857,000 | 10,615,000 | 10,586,000 | 10,557,000 | 10,627,000 | 10,400,000 | 8,132,000 | 8,214,000 | 8,157,000 | 8,445,000 | 8,233,000 | 7,615,000 |
| Operating ROA | 4.41% | 6.65% | 7.31% | 7.11% | 6.96% | 5.40% | 4.91% | 5.24% | 5.20% | 5.46% | 5.36% | 4.77% | 4.83% | 6.71% | 9.86% | 8.90% | 9.80% | 8.05% | 8.16% | 10.37% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $535,000K ÷ $12,141,000K
= 4.41%
Huntington Ingalls Industries Inc's operating return on assets (operating ROA) has shown fluctuations over the past few years. The operating ROA ranged from a high of 10.37% in March 2020 to a low of 4.41% in December 2024. The trend indicates some volatility in the company's ability to generate operating profits from its assets.
There was a gradual decline in operating ROA from March 2020 to June 2021, with a slight improvement in December 2021. However, from March 2022 to December 2024, the operating ROA remained relatively low, fluctuating within a narrow range between 4.41% and 7.31%.
Overall, the declining trend in operating ROA indicates a potential inefficiency in utilizing assets to generate operating income. Further analysis would be beneficial to identify the reasons behind these fluctuations and to implement strategies to improve operating performance and profitability.
Peer comparison
Dec 31, 2024