Hims Hers Health Inc (HIMS)
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 | 61,903 | 42,907 | 11,979 | -8,287 | -29,453 | -40,658 | -52,087 | -63,041 | -68,697 | -78,657 | -86,335 | -83,552 | -115,042 | -98,103 | -73,763 | -57,335 | -15,144 | -10,762 | -7,891 | -6,929 |
| Total assets | US$ in thousands | 707,539 | 602,261 | 480,500 | 448,106 | 441,186 | 413,865 | 389,884 | 376,306 | 366,341 | 382,827 | 379,965 | 382,039 | 420,585 | 420,069 | 347,699 | 345,900 | 118,697 | 205,814 | 206,201 | 206,287 |
| Operating ROA | 8.75% | 7.12% | 2.49% | -1.85% | -6.68% | -9.82% | -13.36% | -16.75% | -18.75% | -20.55% | -22.72% | -21.87% | -27.35% | -23.35% | -21.21% | -16.58% | -12.76% | -5.23% | -3.83% | -3.36% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $61,903K ÷ $707,539K
= 8.75%
The operating return on assets (operating ROA) of Hims Hers Health Inc has shown a declining trend from March 31, 2020, to December 31, 2024, before starting to improve in the later periods.
The company's operating ROA was negative throughout the first half of the period, indicating that its operating income generated from its assets was insufficient to cover its operating expenses. This suggests inefficiency in asset utilization and operational performance.
However, there was a significant improvement in the operating ROA from December 31, 2024, where it turned positive at 8.75%. This positive trend may indicate better management of assets and improved operational efficiency, leading to higher profitability from operating activities.
Overall, the company's operating ROA has gradually improved after experiencing a prolonged period of negative returns, reflecting potential enhancements in operational performance and asset management.
Peer comparison
Dec 31, 2024