Itron Inc (ITRI)
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 | 264,110 | 250,650 | 231,607 | 202,060 | 128,867 | 91,978 | 43,976 | -24,651 | -7,439 | -127,290 | -130,015 | -103,420 | -79,299 | 60,773 | 32,630 | -5,825 | -10,395 | -14,134 | 49,285 | 138,230 |
| Total assets | US$ in thousands | 3,407,620 | 3,365,410 | 3,283,940 | 2,676,560 | 2,604,260 | 2,511,410 | 2,498,640 | 2,445,920 | 2,378,080 | 2,316,780 | 2,307,600 | 2,419,820 | 2,393,790 | 2,422,770 | 2,488,580 | 2,927,970 | 2,607,020 | 3,015,920 | 3,012,140 | 3,071,750 |
| Operating ROA | 7.75% | 7.45% | 7.05% | 7.55% | 4.95% | 3.66% | 1.76% | -1.01% | -0.31% | -5.49% | -5.63% | -4.27% | -3.31% | 2.51% | 1.31% | -0.20% | -0.40% | -0.47% | 1.64% | 4.50% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $264,110K ÷ $3,407,620K
= 7.75%
Operating ROA is a key financial ratio that measures a company's operating profitability relative to its total assets. A higher operating ROA indicates that the company is utilizing its assets efficiently to generate operating profits.
Based on the data provided for Itron Inc, the operating ROA fluctuated over the observation period. It started at a positive 4.50% on March 31, 2020, then decreased in the subsequent quarters, reaching negative values in September and December 2020. The trend continued with negative operating ROA figures until June 2021, where it turned positive again at 1.31%.
The trend of operating ROA for Itron Inc continued to fluctuate, with some quarters showing positive values and others negative. By December 31, 2024, the operating ROA had improved significantly to 7.75%, indicating a more efficient utilization of assets to generate operating profits compared to the earlier periods.
Overall, the analysis highlights the volatility in Itron Inc's operating ROA over the period, with improvements in profitability efficiency evident in the latter quarters. It is essential for investors and stakeholders to monitor this ratio to gauge the company's operational performance and asset utilization efficiency.
Peer comparison
Dec 31, 2024