Innospec Inc (IOSP)

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 177,900 181,300 177,600 171,100 161,600 163,700 171,900 184,000 187,300 176,200 157,500 148,200 132,100 126,000 111,400 21,000 33,700 48,100 69,500 154,600
Total assets US$ in thousands 1,734,700 1,797,700 1,700,300 1,732,800 1,707,400 1,618,600 1,610,800 1,624,100 1,603,700 1,669,200 1,637,900 1,623,800 1,570,900 1,492,400 1,461,800 1,426,100 1,397,400 1,343,700 1,339,000 1,455,300
Operating ROA 10.26% 10.09% 10.45% 9.87% 9.46% 10.11% 10.67% 11.33% 11.68% 10.56% 9.62% 9.13% 8.41% 8.44% 7.62% 1.47% 2.41% 3.58% 5.19% 10.62%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $177,900K ÷ $1,734,700K
= 10.26%

Innospec Inc's operating return on assets (Operating ROA) has fluctuated over the past few years, ranging from a high of 11.68% at the end of December 2022 to a low of 1.47% at the end of March 2021. The trend shows some degree of volatility, with both increases and decreases in the Operating ROA.

There is a noticeable improvement in the Operating ROA from the first quarter of 2020 to the fourth quarter of 2024. The Operating ROA has generally been on an upward trajectory during this period, with some minor fluctuations along the way.

Overall, the Operating ROA for Innospec Inc demonstrates a positive trend, suggesting that the company has been effectively utilizing its assets to generate operating profits. Investors and stakeholders may view this trend positively as it indicates improved operational efficiency and profitability over time. However, it is important for the company to continue monitoring and managing its assets effectively to sustain and further improve its operating return on assets in the future.