Nu Skin Enterprises Inc (NUS)
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 | 48,268 | 59,664 | 65,745 | 74,766 | 110,847 | 103,707 | 189,375 | 223,224 | 233,992 | 302,370 | 311,214 | 283,912 | 257,564 | 223,546 | 219,210 | 235,338 | 267,426 | 231,178 | 241,961 | 250,523 |
| Total assets | US$ in thousands | 1,806,460 | 1,793,090 | 1,893,780 | 1,824,640 | 1,820,970 | 1,763,170 | 1,900,900 | 1,892,250 | 1,906,480 | 1,974,410 | 2,049,980 | 1,950,100 | 1,957,080 | 1,816,710 | 1,794,490 | 1,746,320 | 1,769,010 | 1,736,900 | 1,791,100 | 1,755,100 |
| Operating ROA | 2.67% | 3.33% | 3.47% | 4.10% | 6.09% | 5.88% | 9.96% | 11.80% | 12.27% | 15.31% | 15.18% | 14.56% | 13.16% | 12.30% | 12.22% | 13.48% | 15.12% | 13.31% | 13.51% | 14.27% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $48,268K ÷ $1,806,460K
= 2.67%
The operating return on assets (operating ROA) for Nu Skin Enterprises, Inc. has exhibited a declining trend over the past eight quarters. In Q1 2022, the operating ROA was at its highest point at 14.54%, but it has steadily decreased since then. As per the data provided, the operating ROA decreased to 3.77% in Q4 2023.
This downward trend indicates a potential decrease in the company's operating efficiency and/or profitability in generating earnings from its assets over time. It is essential for investors and stakeholders to closely monitor this metric as it reflects the company's ability to utilize its assets effectively to generate operating income.
Further analysis would be required to identify the specific factors contributing to the decline in operating ROA and to determine the strategies that Nu Skin Enterprises, Inc. could implement to improve its operating efficiency and profitability in the future.
Peer comparison
Dec 31, 2023