Hims Hers Health Inc (HIMS)
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 | 61,903 | -29,453 | -68,697 | -115,042 | -15,144 |
| Total assets | US$ in thousands | 707,539 | 441,186 | 366,341 | 420,585 | 118,697 |
| Operating ROA | 8.75% | -6.68% | -18.75% | -27.35% | -12.76% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $61,903K ÷ $707,539K
= 8.75%
The operating return on assets (Operating ROA) of Hims Hers Health Inc indicates the efficiency with which the company generates operating profit relative to its total assets. Looking at the trend over the years:
- As of December 31, 2020, the Operating ROA was -12.76%, indicating that the company generated a negative return on its assets from operations.
- By December 31, 2021, the Operating ROA worsened to -27.35%, reflecting a significant decline in operational efficiency.
- The trend improved slightly by December 31, 2022, with the Operating ROA at -18.75%, but still remained negative.
- By the end of December 31, 2023, there was further improvement as the Operating ROA decreased to -6.68%, showing progress in generating operating income relative to assets.
- The most recent data as of December 31, 2024, shows a positive Operating ROA of 8.75%, indicating that the company has turned a profit on its operational activities and assets.
Overall, the trend in Hims Hers Health Inc's Operating ROA demonstrates a fluctuating performance in generating operating income in relation to its assets, with a significant improvement seen in the most recent period, signaling a potentially positive shift in operational efficiency.
Peer comparison
Dec 31, 2024