Ingredion Incorporated (INGR)
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 | 1,062,000 | 1,089,000 | 1,021,000 | 956,000 | 944,000 | 912,000 | 833,000 | 795,000 | 714,000 | 643,000 | 681,000 | 690,000 | 310,000 | 387,000 | 368,000 | 259,000 | 582,000 | 589,000 | 601,000 | 656,000 |
| Total assets | US$ in thousands | 7,444,000 | 7,525,000 | 7,221,000 | 7,319,000 | 7,642,000 | 7,549,000 | 7,600,000 | 7,645,000 | 7,561,000 | 7,403,000 | 7,389,000 | 7,435,000 | 6,999,000 | 6,986,000 | 7,098,000 | 6,803,000 | 6,858,000 | 6,464,000 | 6,611,000 | 5,952,000 |
| Operating ROA | 14.27% | 14.47% | 14.14% | 13.06% | 12.35% | 12.08% | 10.96% | 10.40% | 9.44% | 8.69% | 9.22% | 9.28% | 4.43% | 5.54% | 5.18% | 3.81% | 8.49% | 9.11% | 9.09% | 11.02% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,062,000K ÷ $7,444,000K
= 14.27%
Operating ROA is a key financial metric that indicates how efficiently a company generates profits from its assets used in operations. In the case of Ingredion Incorporated, the trend of operating ROA over the past few quarters shows some fluctuations.
From March 31, 2020, to December 31, 2021, the operating ROA declined steadily from 11.02% to 4.43%, indicating a decreasing efficiency in generating profits from its operational assets. However, starting from March 31, 2022, there was a reversal in this trend, with the operating ROA gradually increasing over the quarters.
By December 31, 2024, Ingredion Incorporated's operating ROA had reached the highest point in the analyzed period at 14.27%, demonstrating an improvement in the efficiency of utilizing its operational assets to generate profits.
Overall, the increasing trend in operating ROA from March 31, 2022, to December 31, 2024, is a positive sign for Ingredion, indicating better profitability and efficiency in utilizing its operational assets. This improvement may be attributed to various strategic actions taken by the company to enhance operational performance and profitability.
Peer comparison
Dec 31, 2024