Intuitive Surgical Inc (ISRG)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 2,348,900 | 1,766,800 | 1,577,100 | 1,821,000 | 1,049,800 |
| Total assets | US$ in thousands | 18,743,200 | 15,441,500 | 12,974,000 | 13,555,000 | 11,168,900 |
| Operating ROA | 12.53% | 11.44% | 12.16% | 13.43% | 9.40% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $2,348,900K ÷ $18,743,200K
= 12.53%
From the data provided, it is observed that Intuitive Surgical Inc's operating return on assets (operating ROA) has displayed a generally positive trend over the years.
- As of December 31, 2020, the operating ROA stood at 9.40%, indicating that for every dollar of assets, the company generated a profit of 9.40 cents from its operations.
- Subsequently, the operating ROA improved to 13.43% by December 31, 2021, reflecting a significant increase in the company's ability to generate earnings from its assets.
- Despite a slight decrease in operating ROA to 12.16% by December 31, 2022, the metric remained at a relatively high level, suggesting operational efficiency and effective asset utilization.
- The operating ROA further decreased to 11.44% by December 31, 2023, although it remained above the initial 2020 level, indicating the company's ability to maintain profitability relative to its asset base.
- By December 31, 2024, the operating ROA increased to 12.53%, signaling an improvement in the company's operational performance and asset productivity.
Overall, the trend in Intuitive Surgical Inc's operating return on assets reflects a positive trajectory, indicating the company's effectiveness in generating profits from its asset base and its sustained operational efficiency.
Peer comparison
Dec 31, 2024