National Presto Industries Inc (NPK)
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 | 45,213 | 35,033 | 32,717 | 30,029 | 56,196 |
| Total assets | US$ in thousands | 453,397 | 440,536 | 411,847 | 420,398 | 433,170 |
| Operating ROA | 9.97% | 7.95% | 7.94% | 7.14% | 12.97% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $45,213K ÷ $453,397K
= 9.97%
The operating return on assets (ROA) for National Presto Industries Inc has shown some fluctuations over the past five years. Starting at 12.97% on December 31, 2020, it decreased to 7.14% by December 31, 2021. There was a slight increase to 7.94% by December 31, 2022, and a marginal further improvement to 7.95% by December 31, 2023. Notably, the operating ROA showed a more significant increase to 9.97% by December 31, 2024.
These variations in operating ROA may indicate changes in the company's operational efficiency and profitability in utilizing its assets to generate earnings. A declining ROA could suggest inefficiencies or decreased profitability, while an increasing trend may signal improved asset utilization and overall performance. It is important for stakeholders to monitor these trends to assess the company's operational effectiveness and financial health over time.
Peer comparison
Dec 31, 2024