Mettler-Toledo International Inc (MTD)

Operating return on assets (Operating ROA)

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Operating income (ttm) US$ in thousands 1,107,283 1,026,372 1,020,939 1,041,986 1,046,948 1,137,322 1,155,476 1,141,132 1,117,364 1,078,766 1,046,467 1,017,332 989,497 1,246,122 1,201,288 1,125,020 1,057,600 996,854 962,721 963,351
Total assets US$ in thousands 3,240,000 3,319,830 3,249,160 3,283,120 3,355,560 3,288,730 3,370,400 3,409,910 3,492,400 3,294,460 3,336,430 3,356,180 3,326,800 3,207,160 3,142,900 3,028,370 2,814,550 2,766,540 2,679,650 2,885,780
Operating ROA 34.18% 30.92% 31.42% 31.74% 31.20% 34.58% 34.28% 33.47% 31.99% 32.74% 31.36% 30.31% 29.74% 38.85% 38.22% 37.15% 37.58% 36.03% 35.93% 33.38%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $1,107,283K ÷ $3,240,000K
= 34.18%

Operating return on assets (Operating ROA) is a key financial ratio that measures a company's ability to generate operating profits from its assets. In the case of Mettler-Toledo International Inc, the Operating ROA has shown fluctuations over the period from March 31, 2020, to December 31, 2024.

The Operating ROA for Mettler-Toledo International Inc has ranged from a low of 29.74% in December 31, 2021, to a high of 38.85% in September 30, 2021. This indicates that the company was able to generate operating profits ranging from 29.74% to 38.85% for every dollar of assets during the respective periods.

Overall, the trend in the Operating ROA for Mettler-Toledo International Inc shows some variability, with some quarters showing an increasing trend and others showing a decreasing trend. However, it is essential to analyze the factors underlying these fluctuations to gain a deeper understanding of the company's operational efficiency and asset utilization.

Investors and stakeholders should monitor how the company manages its assets and operations to consistently improve its Operating ROA, as a higher ratio indicates better profitability relative to the assets employed.