Insight Enterprises Inc (NSIT)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 419,795 | 401,950 | 400,367 | 411,312 | 413,700 | 393,101 | 385,973 | 344,886 | 332,061 | 321,686 | 300,017 | 285,736 | 271,575 | 255,549 | 238,489 | 236,418 | 240,594 | 232,237 | 237,763 | 240,083 |
| Total assets | US$ in thousands | 6,286,350 | 5,078,220 | 5,542,330 | 4,960,530 | 5,112,580 | 4,997,710 | 5,604,320 | 4,849,790 | 4,689,080 | 4,435,380 | 4,667,050 | 4,254,610 | 4,310,730 | 3,827,310 | 4,341,480 | 4,057,020 | 4,178,180 | 3,982,360 | 3,286,000 | 2,756,470 |
| Operating ROA | 6.68% | 7.92% | 7.22% | 8.29% | 8.09% | 7.87% | 6.89% | 7.11% | 7.08% | 7.25% | 6.43% | 6.72% | 6.30% | 6.68% | 5.49% | 5.83% | 5.76% | 5.83% | 7.24% | 8.71% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $419,795K ÷ $6,286,350K
= 6.68%
Insight Enterprises Inc.'s operating return on assets (operating ROA) has shown variability over the past eight quarters, ranging from 6.89% to 8.47%. The company's operating ROA was highest in Q1 2023 at 8.47% and lowest in Q4 2023 at 6.89%. This indicates that the company's ability to generate operating income from its assets was strongest in Q1 2023 and weakest in Q4 2023.
Overall, Insight Enterprises Inc.'s operating ROA has shown a generally stable trend, with fluctuations within a relatively narrow range. This suggests that the company has been effectively utilizing its assets to generate operating income, with performance remaining consistent over the period analyzed. Further in-depth analysis would be needed to understand the specific factors contributing to these fluctuations and assess the effectiveness of the company's asset management strategies.
Peer comparison
Dec 31, 2023