ODP Corp (ODP)
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 | 201,000 | 243,000 | 234,000 | 6,000 | 224,000 |
| Total assets | US$ in thousands | 3,886,000 | 4,149,000 | 4,865,000 | 5,614,000 | 7,311,000 |
| Operating ROA | 5.17% | 5.86% | 4.81% | 0.11% | 3.06% |
December 31, 2023 calculation
Operating ROA = Operating income ÷ Total assets
= $201,000K ÷ $3,886,000K
= 5.17%
The operating return on assets (ROA) of ODP Corp has shown fluctuations over the past five years. In 2023, the operating ROA decreased to 5.17% from 5.86% in 2022 but remained relatively stable compared to previous years. The peak performance was in 2022 when it reached 5.86%, indicating strong operational efficiency and profitability during that period. In contrast, the operating ROA was significantly lower in 2020 at 0.11%, suggesting potential operational challenges or inefficiencies that year. Overall, ODP Corp's operating ROA has displayed varying levels of performance over the 5-year period, with a notable improvement in 2022 and a relatively consistent performance in the subsequent years. An in-depth analysis of the factors impacting the operating ROA in each year would provide further insights into the company's operational efficiency and profitability trends.
Peer comparison
Dec 31, 2023