Knowles Cor (KN)
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 | 51,800 | 43,400 | -414,800 | 115,800 | 29,200 |
| Total assets | US$ in thousands | 1,118,200 | 1,462,800 | 1,183,900 | 1,731,600 | 1,654,900 |
| Operating ROA | 4.63% | 2.97% | -35.04% | 6.69% | 1.76% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $51,800K ÷ $1,118,200K
= 4.63%
Knowles Cor's operating return on assets (operating ROA) has exhibited fluctuations over the years based on the data provided.
- In December 31, 2020, the operating ROA was 1.76%, indicating the company generated $0.0176 in operating income for every dollar of assets.
- By December 31, 2021, the operating ROA significantly increased to 6.69%, reflecting improved operational efficiency and profitability.
- However, there was a sharp decline in operating ROA by December 31, 2022, dropping to -35.04%. A negative return on assets suggests that the company's operating income was not sufficient to cover its asset base, which raises concerns about the company's financial health and efficiency.
- The following year, December 31, 2023, saw a recovery in operating ROA to 2.97%, indicating a partial improvement in the company's operational performance.
- Finally, by December 31, 2024, the operating ROA further increased to 4.63%, suggesting that the company was able to generate a higher return from its assets compared to the prior year.
Overall, Knowles Cor's operating return on assets has experienced variability, highlighting the company's ability to effectively utilize its assets to generate profits over the analyzed period. Analyzing the trend in ROA can provide insights into the efficiency and profitability of the company's operations.
Peer comparison
Dec 31, 2024