MKS Instruments Inc (MKSI)
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 | -1,553,000 | -1,414,000 | -1,414,000 | 446,000 | 617,000 | 636,000 | 693,000 | 715,000 | 699,000 | 663,700 | 605,100 | 519,900 | 453,800 | 373,200 | 323,600 | 286,700 | 219,900 | 247,884 | 298,129 | 385,520 |
| Total assets | US$ in thousands | 9,118,000 | 9,140,000 | 9,230,000 | 11,366,000 | 11,495,000 | 11,372,000 | 4,749,000 | 4,649,000 | 4,540,000 | 4,365,900 | 4,208,900 | 4,017,900 | 3,903,800 | 3,750,900 | 3,631,100 | 3,474,900 | 3,416,300 | 3,354,540 | 3,381,950 | 3,412,740 |
| Operating ROA | -17.03% | -15.47% | -15.32% | 3.92% | 5.37% | 5.59% | 14.59% | 15.38% | 15.40% | 15.20% | 14.38% | 12.94% | 11.62% | 9.95% | 8.91% | 8.25% | 6.44% | 7.39% | 8.82% | 11.30% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-1,553,000K ÷ $9,118,000K
= -17.03%
Operating ROA for MKS Instruments Inc has fluctuated over the past five years. The company experienced a significant decline in operating ROA in the most recent quarters of 2023, reaching negative levels of -17.03% and -15.47%. This indicates a decrease in the company's ability to generate operating profits from its assets efficiently during this period.
However, looking back at historical data, MKS's operating ROA showed a generally positive trend from 2019 to 2022, with values ranging from 6.44% to 15.40%. The peak performance was observed in the second and third quarters of 2022, where the operating ROA exceeded 14%. This suggests that the company was effectively utilizing its assets to generate operating income during those periods.
It is essential for investors and stakeholders to closely monitor the trend in operating ROA for MKS Instruments Inc to assess the company's operational efficiency and profitability. Negative values or significant fluctuations in this ratio may indicate internal challenges that need to be addressed to improve the company's financial health and performance.
Peer comparison
Dec 31, 2023