Louisiana-Pacific Corporation (LPX)
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 | 288,000 | 258,000 | 269,000 | 723,000 | 1,249,000 | 1,417,000 | 1,693,000 | 1,865,000 | 1,740,000 | 1,789,000 | 1,583,000 | 1,002,000 | 615,000 | 266,000 | 32,000 | 2,000 | -20,000 | 69,000 | 229,000 | 421,000 |
| Total assets | US$ in thousands | 2,437,000 | 2,380,000 | 2,302,000 | 2,259,000 | 2,350,000 | 2,383,000 | 2,547,000 | 2,670,000 | 2,194,000 | 2,400,000 | 2,367,000 | 2,343,000 | 2,086,000 | 1,973,000 | 1,807,000 | 2,132,000 | 1,835,000 | 2,043,000 | 2,090,000 | 2,094,300 |
| Operating ROA | 11.82% | 10.84% | 11.69% | 32.01% | 53.15% | 59.46% | 66.47% | 69.85% | 79.31% | 74.54% | 66.88% | 42.77% | 29.48% | 13.48% | 1.77% | 0.09% | -1.09% | 3.38% | 10.96% | 20.10% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $288,000K ÷ $2,437,000K
= 11.82%
Louisiana-Pacific Corp.'s operating return on assets (operating ROA) has displayed a fluctuating trend over the past eight quarters, as indicated in the table. The operating ROA values ranged from a high of 74.72% in Q1 2022 to a low of 11.19% in Q3 2023.
The significant decrease in operating ROA from Q4 2022 (52.58%) to Q1 2023 (29.84%) suggests a decline in the company's ability to generate operating income relative to its total assets during this period. Furthermore, the fluctuating trend in operating ROA over the observed quarters indicates varying levels of operational efficiency and asset utilization within the company.
It is worth noting that the peak operating ROA of 74.72% in Q1 2022 signifies a period of high operational efficiency and effective asset management for Louisiana-Pacific Corp. However, the subsequent downward trend in operating ROA highlights potential challenges or changes in the company's operational performance.
Overall, a deeper analysis of the factors influencing Louisiana-Pacific Corp.'s operating ROA over time, such as changes in revenue, expenses, and asset turnover, would be necessary to provide a more comprehensive understanding of the company's operational efficiency and financial performance.
Peer comparison
Dec 31, 2023