MACOM Technology Solutions Holdings Inc (MTSI)

Operating return on assets (Operating ROA)

		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	Dec 31, 2019
Operating income (ttm)	US$ in thousands	73,667	61,740	59,330	79,827	107,400	128,824	147,521	144,188	132,674	121,924	109,595	95,996	81,001	67,405	50,231	25,990	3,388	-21,292	-351,565	-376,507
Total assets	US$ in thousands	1,755,640	1,705,210	1,676,390	1,650,800	1,553,240	1,642,710	1,617,470	1,587,710	1,571,820	1,333,070	1,286,490	1,260,120	1,134,140	1,100,110	1,068,400	1,153,680	1,146,430	1,121,130	1,112,800	1,132,210
Operating ROA		4.20%	3.62%	3.54%	4.84%	6.91%	7.84%	9.12%	9.08%	8.44%	9.15%	8.52%	7.62%	7.14%	6.13%	4.70%	2.25%	0.30%	-1.90%	-31.59%	-33.25%

September 30, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $73,667K ÷ $1,755,640K
= 4.20%

MACOM Technology Solutions Holdings Inc's operating return on assets (operating ROA) has shown variability over the periods provided. The operating ROA ranged from a low of -33.25% in the December 2019 quarter to a high of 9.15% in the June 2022 quarter. The most recent operating ROA for September 2024 is 4.20%.

Overall, the trend in the operating ROA appears to have decreased significantly from the highs in mid-2022 but has recovered to a moderate level in recent quarters. This indicates that the company's operating efficiency and profitability in generating earnings from its operational assets have fluctuated over time, with some periods showing strong performance and others weaker.

It is important for investors and stakeholders to monitor these fluctuations in operating ROA to assess the company's ability to effectively utilize its assets to generate profits and sustain healthy financial performance in the long run. Further analysis and industry comparison can provide additional insights into the company's operational effectiveness and competitiveness in the market.