Intel Corporation (INTC)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 93,000 | -3,624,000 | -3,791,000 | -3,475,000 | 2,334,000 | 8,455,000 | 13,857,000 | 20,103,000 | 19,456,000 | 20,351,000 | 20,183,000 | 20,334,000 | 23,678,000 | 24,591,000 | 25,979,000 | 24,899,000 | 22,035,000 | 21,462,000 | 22,364,000 | 23,020,000 |
| Total assets | US$ in thousands | 191,572,000 | 188,837,000 | 185,629,000 | 185,303,000 | 182,103,000 | 174,841,000 | 170,418,000 | 176,356,000 | 168,406,000 | 167,962,000 | 154,597,000 | 150,622,000 | 153,091,000 | 145,261,000 | 152,539,000 | 147,710,000 | 136,524,000 | 133,768,000 | 130,759,000 | 129,458,000 |
| Operating ROA | 0.05% | -1.92% | -2.04% | -1.88% | 1.28% | 4.84% | 8.13% | 11.40% | 11.55% | 12.12% | 13.06% | 13.50% | 15.47% | 16.93% | 17.03% | 16.86% | 16.14% | 16.04% | 17.10% | 17.78% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $93,000K ÷ $191,572,000K
= 0.05%
The operating return on assets (operating ROA) for Intel Corporation has exhibited fluctuations over the period from March 2019 to December 2023.
In recent quarters, the operating ROA has shown a decreasing trend, with negative figures in the range of -1.92% to -2.04% in the most recent quarters of 2023. This indicates that the company's operating income generated from its assets has been relatively low compared to its asset base during this period.
Historically, Intel's operating ROA has been relatively strong, with figures ranging from 15.47% to 17.78% in the quarters prior to 2023. These values suggest that the company was effectively utilizing its assets to generate operating income during this period.
The fluctuations in Intel's operating ROA may be attributed to various factors such as changes in the company's operating expenses, revenue growth, and asset efficiency. Further analysis of the company's financial performance and operational strategies would be needed to fully understand the drivers behind these fluctuations.
Peer comparison
Dec 31, 2023