Integer Holdings Corp (ITGR)
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 | 167,330 | 160,682 | 141,865 | 132,996 | 121,327 | 113,125 | 116,957 | 123,600 | 135,711 | 134,641 | 141,309 | 111,144 | 120,612 | 115,667 | 122,390 | 162,542 | 157,635 | 174,682 | 169,660 | 164,681 |
| Total assets | US$ in thousands | 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 | 2,353,090 | 2,358,820 | 2,373,650 | 2,367,190 |
| Operating ROA | 5.69% | 5.66% | 4.96% | 4.63% | 4.34% | 4.13% | 4.24% | 4.74% | 5.26% | 5.73% | 5.99% | 4.74% | 5.09% | 4.72% | 4.85% | 6.78% | 6.70% | 7.41% | 7.15% | 6.96% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $167,330K ÷ $2,942,650K
= 5.69%
To analyze Integer Holdings Corp's Operating Return on Assets (ROA) over the past 8 quarters, we observe a fluctuating trend.
From Q1 2022 to Q1 2023, the Operating ROA increased steadily from 4.70% to a peak of 6.00%. However, in the most recent quarter, Q4 2023, the Operating ROA decreased slightly to 5.81%.
Overall, Integer Holdings Corp's Operating ROA has shown a positive trajectory, indicating that the company has been effectively generating operating income relative to its total assets. It is important to monitor future changes in Operating ROA to assess the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2023