ODP Corp (ODP)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 163,000 | 298,000 | 243,000 | 330,000 | 311,000 |
| Total assets | US$ in thousands | 3,529,000 | 3,886,000 | 4,149,000 | 4,865,000 | 5,558,000 |
| Operating ROA | 4.62% | 7.67% | 5.86% | 6.78% | 5.60% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $163,000K ÷ $3,529,000K
= 4.62%
Based on the provided data, ODP Corp's operating return on assets (operating ROA) has experienced fluctuations over the specified period. The trend shows an increase from 5.60% as of December 31, 2020, to 6.78% by December 31, 2021. However, there was a slight decrease in operating ROA to 5.86% by December 31, 2022.
Subsequently, there was a notable improvement in operating ROA to 7.67% by December 31, 2023, indicating a positive performance for the company. However, the trend reversed with a decrease to 4.62% by December 31, 2024.
Overall, although there were fluctuations in ODP Corp's operating ROA over the period analyzed, the company managed to achieve an upward trend in the initial years before a decline in the most recent year. This indicates that ODP Corp has had varying success in generating operating income relative to its assets during the specified period.
Peer comparison
Dec 31, 2024