MasTec Inc (MTZ)
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 | 551,529 | 346,970 | 386,571 | 481,945 | 408,843 | 422,463 | 290,340 | 114,882 | 155,403 | 198,671 | 264,601 | 343,535 | 483,489 | 545,643 | 569,044 | 544,761 | 490,362 | 463,692 | 479,847 | 564,056 |
| Total assets | US$ in thousands | 8,975,280 | 8,762,970 | 8,678,990 | 8,745,350 | 9,758,610 | 9,529,730 | 9,287,820 | 9,055,340 | 9,293,260 | 7,475,660 | 7,404,690 | 7,088,000 | 7,121,390 | 6,013,250 | 5,901,630 | 5,538,300 | 5,227,850 | 5,201,750 | 4,989,980 | 4,893,550 |
| Operating ROA | 6.14% | 3.96% | 4.45% | 5.51% | 4.19% | 4.43% | 3.13% | 1.27% | 1.67% | 2.66% | 3.57% | 4.85% | 6.79% | 9.07% | 9.64% | 9.84% | 9.38% | 8.91% | 9.62% | 11.53% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $551,529K ÷ $8,975,280K
= 6.14%
MasTec Inc's operating return on assets (operating ROA) has exhibited fluctuations over the periods analyzed. The trend indicates a gradual decline from a peak of 11.53% on March 31, 2020, to a low of 1.27% on March 31, 2023, before experiencing a slight recovery to reach 6.14% on December 31, 2024.
The operating ROA ratio reflects the company's ability to generate earnings from its operating activities relative to its total assets. The declining trend observed may raise concerns about efficiency and profitability in utilizing the company's assets to generate operating income. It suggests the need for careful examination of operational efficiency, asset management, and overall business performance to potentially improve profitability and return on assets in the upcoming periods.
Peer comparison
Dec 31, 2024