Integer Holdings Corp (ITGR)
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 | 222,355 | 208,836 | 198,900 | 179,773 | 167,330 | 141,451 | 122,634 | 113,765 | 102,096 | 113,125 | 116,957 | 123,600 | 135,711 | 134,641 | 141,309 | 111,144 | 120,612 | 115,667 | 122,390 | 162,542 |
| Total assets | US$ in thousands | 3,077,970 | 3,167,650 | 3,126,410 | 3,116,010 | 2,942,650 | 2,839,350 | 2,861,340 | 2,873,550 | 2,794,390 | 2,738,470 | 2,758,090 | 2,608,040 | 2,582,220 | 2,348,130 | 2,359,140 | 2,343,350 | 2,371,860 | 2,449,000 | 2,523,460 | 2,398,030 |
| Operating ROA | 7.22% | 6.59% | 6.36% | 5.77% | 5.69% | 4.98% | 4.29% | 3.96% | 3.65% | 4.13% | 4.24% | 4.74% | 5.26% | 5.73% | 5.99% | 4.74% | 5.09% | 4.72% | 4.85% | 6.78% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $222,355K ÷ $3,077,970K
= 7.22%
Integer Holdings Corp's operating return on assets (operating ROA) has shown fluctuations over the periods analyzed. The operating ROA started at 6.78% as of March 31, 2020, and decreased to a low of 4.13% by September 30, 2022, before gradually increasing again.
The operating ROA improved to 7.22% by December 31, 2024, indicating a positive trend in the company's ability to generate operating income relative to its total assets. This increase in operating ROA suggests efficient asset utilization and effective management of operating expenses during the period.
However, it is essential to further investigate the reasons behind the fluctuations in operating ROA to understand the factors contributing to the changes in the company's operational efficiency and profitability. Additional analysis of Integer Holdings Corp's operating performance and asset management practices would provide more insights into the company's financial health and operational effectiveness.
Peer comparison
Dec 31, 2024