Itron Inc (ITRI)
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 | 264,110 | 128,867 | -7,439 | -79,299 | -10,395 |
| Total assets | US$ in thousands | 3,407,620 | 2,604,260 | 2,378,080 | 2,393,790 | 2,607,020 |
| Operating ROA | 7.75% | 4.95% | -0.31% | -3.31% | -0.40% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $264,110K ÷ $3,407,620K
= 7.75%
Based on the data provided, Itron Inc's operating return on assets (operating ROA) has shown fluctuations over the years analyzed.
- As of December 31, 2020, the operating ROA was -0.40%. This indicates that the company generated a negative return on its assets from its core operations during that period.
- By December 31, 2021, the operating ROA deteriorated further to -3.31%, suggesting a decline in the company's operational efficiency in generating returns from its assets.
- However, by December 31, 2022, there was a slight improvement in the operating ROA, which stood at -0.31%, but still remained negative.
- The trend changed significantly by December 31, 2023, as the operating ROA surged to 4.95%, indicating a notable improvement in the company's ability to generate returns from its operating activities.
- This positive trend continued into December 31, 2024, with the operating ROA reaching 7.75%, reflecting a substantial increase in efficiency and profitability in utilizing the company's assets for operations.
Overall, the analysis shows a mix of negative and positive performance in Itron Inc's operating ROA over the years, with a notable turnaround in recent years leading to improved operational efficiency and profitability.
Peer comparison
Dec 31, 2024