Insight Enterprises Inc (NSIT)
Operating return on assets (Operating ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 419,795 | 413,700 | 332,061 | 271,575 | 240,594 |
| Total assets | US$ in thousands | 6,286,350 | 5,112,580 | 4,689,080 | 4,310,730 | 4,178,180 |
| Operating ROA | 6.68% | 8.09% | 7.08% | 6.30% | 5.76% |
December 31, 2023 calculation
Operating ROA = Operating income ÷ Total assets
= $419,795K ÷ $6,286,350K
= 6.68%
Insight Enterprises Inc.'s operating return on assets (operating ROA) has fluctuated over the five-year period from 2019 to 2023. The company's operating ROA decreased from 6.16% in 2019 to 6.64% in 2020, before experiencing a slight decline to 7.05% in 2021. Subsequently, there was an increase to 8.21% in 2022 before a slight decline to 6.89% in 2023. Overall, the operating ROA demonstrates some volatility but generally maintains a positive trend, indicating the company's ability to generate operating income from its assets. It is essential for stakeholders to analyze the reasons behind these fluctuations to assess the company's operational efficiency and profitability over time.
Peer comparison
Dec 31, 2023