Insperity Inc (NSP)

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	218,549	247,141	240,308	272,851	250,239	214,055	201,027	187,900	173,329	166,359	155,528	193,292	194,689	214,699	220,660	186,393	186,633	191,533	204,933	199,794
Total assets	US$ in thousands	2,119,660	1,996,470	1,865,270	2,039,970	2,039,260	1,781,510	1,892,910	1,940,080	1,753,080	1,734,050	1,728,080	1,769,080	1,584,280	1,523,280	1,517,730	1,522,410	1,395,000	1,292,120	1,317,000	1,350,980
Operating ROA		10.31%	12.38%	12.88%	13.38%	12.27%	12.02%	10.62%	9.69%	9.89%	9.59%	9.00%	10.93%	12.29%	14.09%	14.54%	12.24%	13.38%	14.82%	15.56%	14.79%

December 31, 2023 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $218,549K ÷ $2,119,660K
= 10.31%

Insperity Inc's operating return on assets (operating ROA) has shown a generally positive trend over the past eight quarters. The operating ROA ranged from 9.69% in Q1 2022 to 13.38% in Q1 2023. This indicates that the company has been effectively generating operating income relative to its total assets, with a peak performance in Q1 2023. The consistent increase in operating ROA from 2022 to 2023 suggests improved operational efficiency and profitability. However, it is important to monitor this metric over time to ensure sustained performance and to identify any potential challenges that may impact the company's ability to generate returns from its assets.