Harmonic Inc (HLIT)

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 86,655 43,393 -634 4,476 22,145 29,016 49,043 54,163 46,751 45,420 39,367 26,421 18,809 20,438 13,446 1,756 -12,449 -22,518 1,652 3,442
Total assets US$ in thousands 796,506 759,861 713,696 740,670 768,206 673,811 690,352 703,815 710,018 697,871 698,459 700,445 693,686 643,866 651,240 609,709 591,523 559,422 557,521 576,275
Operating ROA 10.88% 5.71% -0.09% 0.60% 2.88% 4.31% 7.10% 7.70% 6.58% 6.51% 5.64% 3.77% 2.71% 3.17% 2.06% 0.29% -2.10% -4.03% 0.30% 0.60%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $86,655K ÷ $796,506K
= 10.88%

Operating ROA for Harmonic Inc has fluctuated over the past few years, starting at a low of -4.03% in September 2020 and gradually improving to reach a peak of 10.88% in December 2024. The trend shows periods of both negative and positive returns, indicating variability in the company's operational efficiency and asset utilization. The highest operating ROA was observed in the last quarter of 2024, reflecting improved profitability relative to the assets employed in the business. Overall, the company's operating ROA trend suggests a mix of challenges and successes in generating operating profits from its assets during the period under review.