NXP Semiconductors NV (NXPI)

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	Dec 31, 2018
Operating income (ttm)	US$ in thousands	3,661,000	3,734,000	3,743,000	3,749,000	3,797,000	3,624,000	3,334,000	2,964,000	2,583,000	2,239,000	1,560,000	842,000	418,000	152,000	353,000	722,000
Total assets	US$ in thousands	24,353,000	23,996,000	23,795,000	23,732,000	23,236,000	22,940,000	22,539,000	21,321,000	20,864,000	20,010,000	20,622,000	19,392,000	19,847,000	21,122,000	21,057,000	19,511,000	20,016,000	21,254,000	21,530,000
Operating ROA		15.03%	15.56%	15.73%	15.80%	16.34%	15.80%	14.79%	13.90%	12.38%	11.19%	7.56%	4.34%	2.11%	0.72%	1.68%	3.70%

December 31, 2023 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $3,661,000K ÷ $24,353,000K
= 15.03%

NXP Semiconductors NV's operating return on assets (ROA) has been relatively stable over the past eight quarters, ranging from 13.90% to 16.33%. The company's operating ROA for the most recent quarter, Q4 2023, was 15.09%, a slight decrease from the previous quarter. This indicates that NXP Semiconductors NV generated 15.09% of operating income for every dollar of assets it had in Q4 2023. Overall, the trend shows consistent performance in utilizing its assets to generate operating income, with a slight fluctuation in the ratio over the past two years.