InterDigital Inc (IDCC)
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 | 439,512 | 221,615 | 150,516 | 71,206 | 55,168 |
| Total assets | US$ in thousands | 1,835,530 | 1,770,810 | 1,900,100 | 1,628,160 | 1,616,280 |
| Operating ROA | 23.94% | 12.51% | 7.92% | 4.37% | 3.41% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $439,512K ÷ $1,835,530K
= 23.94%
InterDigital Inc's operating return on assets (ROA) has shown a notable upward trend over the years, reflecting improvements in operational efficiency and asset utilization. The company's operating ROA increased from 3.41% as of December 31, 2020, to 23.94% by December 31, 2024.
This significant improvement indicates that InterDigital Inc has been able to generate higher operating income relative to its total assets, indicating increased profitability and operational effectiveness over the period. The rising trend suggests that the company's management has been successful in enhancing the productivity of its assets and efficiently managing its operations to generate higher returns for shareholders.
The substantial increase in operating ROA demonstrates InterDigital Inc's ability to make efficient use of its assets to drive profitability and create value for its stakeholders. It also indicates a positive outlook for the company's financial performance and operational efficiency in the coming years.
Peer comparison
Dec 31, 2024