Materion Corporation (MTRN)
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 | 47,223 | 113,210 | 118,471 | 121,753 | 136,444 | 147,995 | 140,572 | 137,088 | 119,754 | 96,073 | 88,136 | 76,999 | 77,111 | 68,429 | 46,653 | 33,501 | 8,215 | 17,436 | 25,715 | 43,297 |
| Total assets | US$ in thousands | 1,697,630 | 1,857,020 | 1,803,880 | 1,805,180 | 1,762,730 | 1,748,600 | 1,737,710 | 1,717,980 | 1,691,980 | 1,702,320 | 1,703,110 | 1,666,910 | 1,607,480 | 1,182,660 | 1,141,500 | 1,098,270 | 1,057,860 | 1,084,810 | 1,041,220 | 846,076 |
| Operating ROA | 2.78% | 6.10% | 6.57% | 6.74% | 7.74% | 8.46% | 8.09% | 7.98% | 7.08% | 5.64% | 5.18% | 4.62% | 4.80% | 5.79% | 4.09% | 3.05% | 0.78% | 1.61% | 2.47% | 5.12% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $47,223K ÷ $1,697,630K
= 2.78%
The operating return on assets (ROA) for Materion Corporation demonstrates fluctuations over the analyzed period.
- In March 2020, the operating ROA was at 5.12%, indicating a relatively strong performance.
- By December 2020, the operating ROA had declined to 0.78%, suggesting a decrease in the company's operational efficiency.
- However, there was a gradual improvement in operating ROA over the following quarters, reaching a peak of 8.46% by September 2023.
- Subsequently, the operating ROA experienced a slight decline by December 2023 and further decreases in the following quarters until reaching 2.78% by December 2024.
Overall, Materion Corporation's operating ROA exhibited variability, indicating changes in the company's ability to generate earnings from its operational assets. It is important for the company to monitor and manage this metric effectively to ensure sustainable profitability and operational efficiency.