Manhattan Associates Inc (MANH)
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 | 261,596 | 209,881 | 152,700 | 134,333 | 114,061 |
| Total assets | US$ in thousands | 757,551 | 673,353 | 570,178 | 539,708 | 465,412 |
| Operating ROA | 34.53% | 31.17% | 26.78% | 24.89% | 24.51% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $261,596K ÷ $757,551K
= 34.53%
Manhattan Associates Inc's operating return on assets (operating ROA) has shown a consistent upward trend over the years. Starting at 24.51% as of December 31, 2020, the operating ROA increased to 24.89% by December 31, 2021, demonstrating improved operational efficiency.
The trend continued with operating ROA reaching 26.78% by the end of December 31, 2022, indicating that the company was effectively utilizing its assets to generate operating profits.
By December 31, 2023, Manhattan Associates Inc's operating ROA further improved to 31.17%, suggesting enhanced profitability relative to its asset base.
The most recent data point of December 31, 2024, reflects a significant boost in operating ROA to 34.53%, showcasing a notable increase in the company's operational performance and efficiency in utilizing its assets to generate higher returns.
Overall, Manhattan Associates Inc's increasing trend in operating ROA indicates the company's ability to generate more operating income from its assets, highlighting effective asset management and operational performance.
Peer comparison
Dec 31, 2024