Maximus Inc (MMS)

Operating return on assets (Operating ROA)

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Operating income	US$ in thousands	488,499	294,794	325,898	408,530	288,278
Total assets	US$ in thousands	4,131,510	3,985,800	3,992,710	4,118,960	2,024,700
Operating ROA		11.82%	7.40%	8.16%	9.92%	14.24%

September 30, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $488,499K ÷ $4,131,510K
= 11.82%

Operating Return on Assets (Operating ROA) is a financial metric that measures a company's ability to generate profits from its operational activities relative to its total assets. Maximus Inc's Operating ROA has shown fluctuation over the past five years.

In 2024, the Operating ROA stands at 11.82%, representing an increase from the previous year's 7.40%. This improvement suggests that Maximus Inc has been more efficient in generating operating profits relative to its asset base in the most recent period.

However, the Operating ROA was higher in 2020 at 14.24% compared to 2024. The subsequent decrease in the following years indicates a decline in the company's ability to generate profits from its operational activities relative to its asset base.

Overall, Maximus Inc's Operating ROA has shown variability over the years, indicating fluctuations in the company's operational efficiency and profitability in utilizing its assets to generate returns. Further analysis of the company's operational performance and asset management strategies may provide insights into the factors driving these fluctuations and inform future decision-making.