N-Able Inc (NABL)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 82,370 | 70,319 | 47,396 | 33,330 | 33,766 |
| Total assets | US$ in thousands | 1,338,850 | 1,162,790 | 1,078,860 | 1,055,700 | 1,079,740 |
| Operating ROA | 6.15% | 6.05% | 4.39% | 3.16% | 3.13% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $82,370K ÷ $1,338,850K
= 6.15%
Based on the data provided, N-Able Inc's operating return on assets (operating ROA) has shown a positive trend over the five-year period from December 31, 2020, to December 31, 2024. The operating ROA increased from 3.13% in 2020 to 6.15% in 2024, indicating the company's improving ability to generate operating income relative to its total assets.
This upward trajectory suggests that N-Able Inc has been effectively utilizing its assets to generate operating profits. The consistent growth in operating ROA reflects the company's operational efficiency and effectiveness in generating income from its asset base.
Overall, the increasing trend in N-Able Inc's operating return on assets highlights the company's ability to generate higher levels of operating income relative to its asset base over the five-year period, which is a positive indicator of its financial performance and operational effectiveness.
Peer comparison
Dec 31, 2024