ICU Medical Inc (ICUI)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 42,964 | 22,825 | -8,704 | 52,383 | 41,809 |
| Total assets | US$ in thousands | 4,203,930 | 4,378,440 | 4,515,640 | 1,880,740 | 1,763,690 |
| Operating ROA | 1.02% | 0.52% | -0.19% | 2.79% | 2.37% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $42,964K ÷ $4,203,930K
= 1.02%
Operating ROA for ICU Medical Inc has shown some fluctuations over the past five years. In 2020, the operating ROA was 2.37%, which increased slightly to 2.79% in 2021. However, there was a significant drop in 2022, with the operating ROA declining to -0.19%. The performance improved in 2023 with a positive operating ROA of 0.52% and further increased to 1.02% in 2024. Overall, the trend suggests some variability in the company's ability to generate operating profit relative to its total assets, with a mix of both positive and negative growth rates observed over the period. Additional analysis, considering the company's strategic initiatives and external economic factors, would be beneficial for a more thorough assessment of ICU Medical Inc's operational efficiency and profitability.
Peer comparison
Dec 31, 2024