Littelfuse Inc (LFUS)
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 | 158,780 | 360,862 | 500,826 | 385,642 | 162,372 |
| Total assets | US$ in thousands | 3,891,780 | 3,995,280 | 3,903,730 | 3,151,700 | 2,747,590 |
| Operating ROA | 4.08% | 9.03% | 12.83% | 12.24% | 5.91% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $158,780K ÷ $3,891,780K
= 4.08%
Littelfuse Inc's operating return on assets (operating ROA) has shown fluctuations over the past five years.
- In 2020, the operating ROA was 5.91%, indicating that the company generated 5.91 cents of operating income for each dollar of assets it had.
- The operating ROA then significantly increased to 12.24% by the end of 2021, reflecting improved operational efficiency and profitability.
- This positive trend continued in 2022, with the operating ROA reaching 12.83%, suggesting sustained strong performance in utilizing its assets to generate operating income.
- However, in 2023, the operating ROA experienced a slight decline to 9.03%, possibly indicating some challenges or changes in the company's operations.
- By the end of 2024, the operating ROA dropped further to 4.08%, signaling a significant decrease in the company's ability to generate operating income relative to its assets.
Overall, the analysis of Littelfuse Inc's operating ROA indicates variable performance in efficiently utilizing its assets to generate operating income over the period examined. It would be crucial for stakeholders to further investigate the factors behind these fluctuations to assess the company's operational effectiveness and sustainable profitability.
Peer comparison
Dec 31, 2024