Installed Building Products Inc (IBP)
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 | 388,500 | 388,266 | 389,274 | 381,307 | 369,783 | 374,000 | 365,603 | 365,317 | 345,411 | 291,693 | 252,198 | 213,754 | 187,880 | 184,018 | 175,192 | 163,933 | 161,867 | 151,860 | 143,705 | 132,201 |
| Total assets | US$ in thousands | 2,059,900 | 2,072,500 | 2,025,200 | 2,003,200 | 1,981,300 | 1,920,960 | 1,835,940 | 1,779,560 | 1,778,930 | 1,763,850 | 1,702,090 | 1,652,750 | 1,653,200 | 1,327,130 | 1,273,620 | 1,233,620 | 1,187,680 | 1,165,440 | 1,131,050 | 1,087,060 |
| Operating ROA | 18.86% | 18.73% | 19.22% | 19.03% | 18.66% | 19.47% | 19.91% | 20.53% | 19.42% | 16.54% | 14.82% | 12.93% | 11.36% | 13.87% | 13.76% | 13.29% | 13.63% | 13.03% | 12.71% | 12.16% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $388,500K ÷ $2,059,900K
= 18.86%
Installed Building Products Inc's operating return on assets (ROA) has shown a positive trend over the quarters, starting at 12.16% as of March 31, 2020, and increasing steadily to 18.86% by December 31, 2024. The company's operating ROA peaked at 20.53% on March 31, 2023. This indicates the company has been able to generate increasing operating income relative to its total assets over the period, reflecting efficient asset utilization and effective management of operations. However, there was a slight dip in the operating ROA in the most recent quarter as of December 31, 2024. Overall, the upward trend in operating ROA signals positive performance and potential profitability for Installed Building Products Inc.
Peer comparison
Dec 31, 2024