Integer Holdings Corp (ITGR)
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 | 208,238 | 167,330 | 121,327 | 135,711 | 120,612 |
| Total assets | US$ in thousands | 3,077,970 | 2,942,650 | 2,794,390 | 2,582,220 | 2,371,860 |
| Operating ROA | 6.77% | 5.69% | 4.34% | 5.26% | 5.09% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $208,238K ÷ $3,077,970K
= 6.77%
Integer Holdings Corp's operating return on assets (ROA) has shown variability over the past five years. In December 2020, the operating ROA was 5.09%, which increased slightly to 5.26% by December 2021. However, by December 2022, the operating ROA decreased to 4.34%. Subsequently, there was a significant improvement as of December 2023, with the operating ROA reaching 5.69%. By the end of December 2024, Integer Holdings Corp's operating ROA further improved to 6.77%.
The trend indicates that Integer Holdings Corp has been effectively managing its assets to generate operating profits. The increase in operating ROA from 2022 to 2024 suggests that the company may have implemented strategies to enhance operational efficiency and profitability. It is important for the company to sustain this positive momentum in order to continue delivering value to its stakeholders and remain competitive in the industry.
Peer comparison
Dec 31, 2024