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.
Peer comparison
Dec 31, 2024