International Flavors & Fragrances Inc (IFF)

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 973,000 -1,690,000 -1,789,000 -1,983,000 -2,110,000 531,000 -1,604,000 -1,536,000 -1,326,000 -1,258,000 1,025,000 922,000 585,000 512,603 364,892 374,262 566,484 582,689 617,064 697,631
Total assets US$ in thousands 28,667,000 29,928,000 29,543,000 30,642,000 30,978,000 33,395,000 34,459,000 35,470,000 35,390,000 34,537,000 39,304,000 39,747,000 39,678,000 40,252,000 40,864,000 40,817,000 13,555,700 13,085,400 12,989,100 12,689,100
Operating ROA 3.39% -5.65% -6.06% -6.47% -6.81% 1.59% -4.65% -4.33% -3.75% -3.64% 2.61% 2.32% 1.47% 1.27% 0.89% 0.92% 4.18% 4.45% 4.75% 5.50%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $973,000K ÷ $28,667,000K
= 3.39%

International Flavors & Fragrances Inc's operating return on assets (operating ROA) has shown fluctuating trends over the periods provided. The company's operating ROA declined from 5.50% as of March 31, 2020, to -6.81% as of December 31, 2023, indicating a significant decrease in efficiency in generating operating income from its assets during this timeframe.

However, there was a slight recovery in the operating ROA to 3.39% as of December 31, 2024. The negative values seen in some quarters suggest that the company's operating income generated from its assets was insufficient to cover asset-related expenses during these periods.

It is important for International Flavors & Fragrances Inc to closely monitor and improve its operating ROA to ensure efficient asset utilization and sustainable profitability. Further analysis and evaluation of factors influencing the operating ROA performance are recommended to identify areas for improvement and maximize shareholder value.