MaxLinear Inc (MXL)
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 | -223,352 | -223,922 | -174,997 | -140,114 | -38,221 | 44,683 | 114,449 | 159,393 | 180,243 | 168,419 | 140,257 | 103,454 | 65,245 | 12,253 | -46,108 | -71,087 | -101,139 | -85,410 | -54,169 | -34,361 |
| Total assets | US$ in thousands | 864,639 | 895,303 | 973,197 | 1,030,620 | 1,080,260 | 1,103,790 | 1,161,480 | 1,198,480 | 1,180,020 | 1,182,700 | 1,180,690 | 1,099,130 | 1,050,380 | 1,053,890 | 1,026,630 | 998,599 | 1,022,440 | 1,007,780 | 693,060 | 693,425 |
| Operating ROA | -25.83% | -25.01% | -17.98% | -13.60% | -3.54% | 4.05% | 9.85% | 13.30% | 15.27% | 14.24% | 11.88% | 9.41% | 6.21% | 1.16% | -4.49% | -7.12% | -9.89% | -8.48% | -7.82% | -4.96% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-223,352K ÷ $864,639K
= -25.83%
Operating Return on Assets (Operating ROA) is a key financial ratio that indicates how efficiently a company generates profits from its assets used in operations. A higher Operating ROA indicates better operational efficiency and profitability.
Analyzing the Operating ROA trend of MaxLinear Inc reveals fluctuations over the quarters. The ratio started off in negative territory in early 2020 but gradually improved, turning positive in September 2021. This positive trend continued until December 2022, with Operating ROA reaching its peak of 15.27% in that period.
However, the company's Operating ROA began to decline in the following quarters of 2023 and 2024, falling back into negative territory by the end of 2024. The significant drop in Operating ROA in the second half of 2024 may raise concerns about the company's operational efficiency and ability to generate profits from its assets.
Overall, the trend in MaxLinear Inc's Operating ROA depicts periods of improvement followed by a decline, highlighting the company's fluctuating operational performance and the challenges it may face in maintaining profitability from its asset base.
Peer comparison
Dec 31, 2024