Henry Schein Inc (HSIC)
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 | 621,000 | 505,000 | 548,000 | 590,000 | 615,000 | 648,000 | 659,000 | 678,000 | 747,000 | 876,000 | 876,000 | 866,000 | 852,000 | 832,200 | 808,871 | 591,438 | 535,303 | 550,437 | 549,964 | 719,685 |
| Total assets | US$ in thousands | 10,218,000 | 10,605,000 | 10,251,000 | 10,145,000 | 10,573,000 | 9,810,000 | 9,146,000 | 8,572,000 | 8,607,000 | 8,534,000 | 8,324,000 | 8,447,000 | 8,481,000 | 8,420,750 | 8,124,070 | 7,779,920 | 7,773,000 | 7,809,900 | 7,318,120 | 7,519,200 |
| Operating ROA | 6.08% | 4.76% | 5.35% | 5.82% | 5.82% | 6.61% | 7.21% | 7.91% | 8.68% | 10.26% | 10.52% | 10.25% | 10.05% | 9.88% | 9.96% | 7.60% | 6.89% | 7.05% | 7.52% | 9.57% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $621,000K ÷ $10,218,000K
= 6.08%
Analysis of Henry Schein Inc Operating Return on Assets (Operating ROA):
Operating Return on Assets (Operating ROA) is a key financial ratio that measures a company's efficiency in generating profits from its assets used in operations. The Operating ROA for Henry Schein Inc has fluctuated over the past few quarters based on the provided data:
- The Operating ROA showed a positive trend initially, starting at 9.57% as of March 31, 2020, and reaching a peak of 10.52% by June 30, 2022.
- Following the peak, the Operating ROA started to gradually decline, dropping to 4.76% by September 30, 2024, before experiencing a slight uptick to 6.08% by December 31, 2024.
Key insights from the analysis of Henry Schein Inc Operating ROA include:
1. Consistency and Stability: The Operating ROA remained relatively stable and consistent within a moderate range during the initial period, indicating a steady performance in generating profits relative to the assets deployed in operations.
2. Peak and Decline: The company achieved a peak Operating ROA of 10.52% in June 30, 2022, suggesting a high level of profitability generated by the assets. However, there was a subsequent decline in the ratio, reaching a low of 4.76% by September 30, 2024, which may indicate challenges in asset utilization or operational efficiency during that period.
3. Recovery: The Operating ROA showed signs of recovery by December 31, 2024, increasing to 6.08%. This improvement might be attributed to strategic initiatives or operational adjustments implemented by the company to enhance profitability from its assets.
The fluctuation in Henry Schein Inc's Operating ROA underscores the importance of closely monitoring and analyzing this financial metric to assess the company's operational efficiency, asset utilization, and overall performance in generating returns for its stakeholders. Further analysis and comparison with industry benchmarks can provide valuable insights into the company's financial health and competitive position.
Peer comparison
Dec 31, 2024