InterDigital Inc (IDCC)
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 | 439,512 | 302,311 | 316,622 | 206,092 | 221,615 | 234,884 | 213,068 | 239,592 | 150,516 | 137,511 | 142,451 | 89,402 | 71,206 | 48,757 | 27,410 | 62,476 | 55,168 | 77,324 | 65,668 | 42,666 |
| Total assets | US$ in thousands | 1,835,530 | 1,725,350 | 1,636,300 | 1,807,020 | 1,770,810 | 1,826,480 | 1,760,180 | 1,748,560 | 1,900,100 | 1,928,220 | 1,617,500 | 1,596,030 | 1,628,160 | 1,700,610 | 1,497,080 | 1,561,870 | 1,616,280 | 1,640,490 | 1,538,760 | 1,464,730 |
| Operating ROA | 23.94% | 17.52% | 19.35% | 11.41% | 12.51% | 12.86% | 12.10% | 13.70% | 7.92% | 7.13% | 8.81% | 5.60% | 4.37% | 2.87% | 1.83% | 4.00% | 3.41% | 4.71% | 4.27% | 2.91% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $439,512K ÷ $1,835,530K
= 23.94%
InterDigital Inc's operating return on assets (operating ROA) has shown fluctuations over the observed period from March 31, 2020, to December 31, 2024. The operating ROA started at 2.91% in March 2020 and gradually increased, reaching a peak of 23.94% by December 31, 2024.
During this period, the operating ROA experienced both upward and downward trends. Notable spikes in operating ROA were observed in June 2022, March 2023, and June 2024, indicating periods of strong operational efficiency and profitability.
However, there were also periods of decline, such as in March 2021 and September 2021, where the operating ROA dropped below previous levels. These fluctuations may be attributed to changes in operational performance, asset utilization, and profitability drivers within the company.
Overall, the increasing trend in operating ROA suggests that InterDigital Inc has been effectively utilizing its assets to generate operating profits over the analyzed period, reflecting positively on the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024