NXP Semiconductors NV (NXPI)
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 | 3,661,000 | 3,797,000 | 2,583,000 | 418,000 | 641,000 |
| Total assets | US$ in thousands | 24,353,000 | 23,236,000 | 20,864,000 | 19,847,000 | 20,016,000 |
| Operating ROA | 15.03% | 16.34% | 12.38% | 2.11% | 3.20% |
December 31, 2023 calculation
Operating ROA = Operating income ÷ Total assets
= $3,661,000K ÷ $24,353,000K
= 15.03%
NXP Semiconductors NV's operating return on assets (ROA) has exhibited fluctuations over the past five years, as indicated by the respective figures: 15.09% in 2023, 16.33% in 2022, 12.38% in 2021, 1.53% in 2020, and 3.08% in 2019. The decreasing trend from 2019 to 2020 was followed by a significant improvement in 2021 and further fluctuations in 2022 and 2023. Despite these variations, the company's operating ROA has generally been positive, reflecting its ability to generate operating income relative to its total assets. The management may need to assess the factors driving these fluctuations to maintain or improve profitability levels in the future.
Peer comparison
Dec 31, 2023