Integra LifeSciences Holdings (IART)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 111,526 | 143,319 | 181,775 | 229,138 | 238,920 | 229,303 | 220,693 | 212,680 | 197,230 | 191,652 | 192,755 | 154,981 | 151,370 | 134,805 | 56,676 | 88,555 | 93,760 | 91,788 | 136,052 | 117,727 |
| Total assets | US$ in thousands | 3,781,990 | 3,739,370 | 3,777,600 | 3,742,400 | 3,889,760 | 3,807,010 | 3,752,860 | 3,672,000 | 3,782,380 | 3,774,460 | 3,712,790 | 3,741,550 | 3,615,140 | 3,453,520 | 3,391,760 | 3,447,560 | 3,303,240 | 3,346,580 | 3,290,410 | 3,205,710 |
| Operating ROA | 2.95% | 3.83% | 4.81% | 6.12% | 6.14% | 6.02% | 5.88% | 5.79% | 5.21% | 5.08% | 5.19% | 4.14% | 4.19% | 3.90% | 1.67% | 2.57% | 2.84% | 2.74% | 4.13% | 3.67% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $111,526K ÷ $3,781,990K
= 2.95%
Integra Lifesciences Holdings Corp's operating return on assets (operating ROA) has been fluctuating over the past eight quarters, as evidenced by the data provided. The trend shows a gradual decline in operating ROA from 6.14% in Q4 2022 to 2.95% in Q4 2023.
The operating ROA peaked at 6.14% in Q4 2022 and has since experienced a downward trend, indicating potential challenges or reduced efficiency in generating operating income relative to total assets. While operating ROA increased in Q3 2023 and Q2 2023, it still remained below the peak level recorded in Q4 2022.
This downward trend in operating ROA may suggest a need for the company to focus on effectively managing its operations to improve profitability in relation to its asset base. Further analysis of the company's cost structure, operational efficiency, and asset utilization could provide insights into the factors driving the fluctuations in operating ROA over the quarters. Monitoring and addressing these factors are important for sustaining and enhancing the company's financial performance in the long term.
Peer comparison
Dec 31, 2023